Morning Market Alert for Formaldehyde

I. Key Focus Areas

1. Monitor methanol feedstock price trends
2. Track operating rates of downstream panel manufacturers
3. Watch inventory levels at producing enterprises

Core Logic: Methanol feedstock prices have declined, reducing production costs. Formaldehyde supply remains ample, while mainstream downstream panel operations are flat with moderate demand support. Other downstream sectors primarily consume formaldehyde for internal use. Demand-side factors remain the critical determinant in the market.

II. Price Table

Notes:

1. Formaldehyde concentration is 37%; methanol meets National Standard Premium Grade.
2. Prices are spot RMB prices (not weekly averages), unit: CNY/ton.
3. Formaldehyde prices are ex-works cash-inclusive tax; methanol prices are warehouse delivery cash-inclusive tax.
4. Change rate refers to period-over-period fluctuation.

III. Data Table

Formaldehyde Industry Supply-Demand Data

Notes:

1. Formaldehyde concentration is 37%; methanol meets National Standard Premium Grade.
2. Prices are spot RMB prices (not weekly averages), unit: CNY/ton.
3. Formaldehyde prices are ex-works cash-inclusive tax; methanol prices are warehouse delivery cash-inclusive tax.
4. Change rate refers to period-over-period fluctuation.

IV. Market Outlook

Morning formaldehyde prices trended downward. Significant declines in methanol feedstock prices alleviated cost pressures, prompting formaldehyde producers to lower selling prices. Downstream buyers limited purchases to essential requirements, and market sentiment remained cautious. Chempricehub anticipates that the formaldehyde market center will weaken further in the short term.

Legend:

1. ↓↑ indicates significant fluctuation (highlighting data dimensions with changes exceeding 3%).
2. ↗↘ indicates narrow-range fluctuation (highlighting data dimensions with changes within 0-3%).