1. Key Focus Points

1. Monitor methanol feedstock price guidance.
2. Monitor operating rates of downstream panel factories.
3. Monitor inventory levels at production enterprises.

Core Logic: Feedstock methanol prices have softened, reducing costs. Formaldehyde supply is ample, while mainstream downstream panel operations remain flat, providing limited demand support. Other downstream sectors primarily consume formaldehyde for internal use. Demand remains the critical factor influencing the market.

2. Price Table

Notes:

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

3. Data Table

Formaldehyde Industry Supply and Demand Data

Notes:

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

4. Market Outlook

Today, the formaldehyde market traded sideways. Although rising methanol feedstock prices strengthened cost support, formaldehyde producers maintained downward pricing strategies to ensure shipments due to cautious market sentiment. Downstream man-made board buyers exhibited strong bargaining pressure, weighing on the market. Chempricehub anticipates that the formaldehyde market will undergo narrow-range adjustments in the short term.

Legend:

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