Morning Market Brief: Formaldehyde

I. Key Focus Areas

1. Methanol Price Trends: Monitor raw material methanol prices as a cost guide.
2. Downstream Panel Factory Operations: Watch the operating rates of downstream panel manufacturers.
3. Producer Inventory Levels: Track inventory status at production facilities.

Core Logic: Raw material methanol prices have softened, leading to lower costs. Formaldehyde supply remains ample, while mainstream downstream panel operations are flat, resulting in moderate demand support. Other downstream sectors primarily consume for their own use. Demand remains a critical factor influencing the market.

II. Price Table

Note:

1. Formaldehyde concentration is 37%; Methanol meets National Standard Grade A specifications.
2. Prices are spot RMB prices (not weekly averages), unit: CNY/ton.
3. Formaldehyde price is ex-warehouse, cash-inclusive, tax-inclusive; Methanol price is ex-warehouse, cash-inclusive, tax-inclusive.
4. Change rate represents period-over-period variation.

III. Data Table

Formaldehyde Industry Supply-Demand Data

Note:

1. Formaldehyde concentration is 37%; Methanol meets National Standard Grade A specifications.
2. Prices are spot RMB prices (not weekly averages), unit: CNY/ton.
3. Formaldehyde price is ex-warehouse, cash-inclusive, tax-inclusive; Methanol price is ex-warehouse, cash-inclusive, tax-inclusive.
4. Change rate represents period-over-period variation.

IV. Market Outlook

Formaldehyde prices opened higher this morning. Stronger cost pressures led to price increases in major production areas, with the market continuing to rise. Downstream players showed good willingness to restock ahead of holidays, keeping factory inventories low and relieving pressure. In other regions, markets remained largely stable as participants awaited intraday transactions. Chempricehub forecasts that the formaldehyde market will likely fluctuate on a stronger trend in the short term.

Note:

1. ↓↑ indicates significant volatility, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuations, highlighting data dimensions with changes within 0–3%.