1. Key Focus Areas

1. Monitor methanol feedstock price guidance.
2. Track operating rates of downstream panel manufacturers.
3. Observe inventory levels at production facilities.

Core Logic: Methanol feedstock prices have softened, reducing costs. Formaldehyde supply remains ample, while mainstream downstream panel production is flat, offering only moderate demand support. Other downstream sectors primarily consume formaldehyde internally, meaning the demand side remains a critical factor.

2. Price Data Table

Notes:

1. Formaldehyde concentration is 37%; methanol meets national standard premium grade specifications.
2. All prices are spot RMB prices (not weekly averages), in CNY/ton.
3. Formaldehyde prices are ex-works cash-inclusive tax prices; methanol prices are warehouse-delivery cash-inclusive tax prices.
4. Change rate refers to period-over-period fluctuation.

3. Supply and Demand Data Table

Formaldehyde Industry Supply and Demand Data

Notes:

1. Formaldehyde concentration is 37%; methanol meets national standard premium grade specifications.
2. All prices are spot RMB prices (not weekly averages), in CNY/ton.
3. Formaldehyde prices are ex-works cash-inclusive tax prices; methanol prices are warehouse-delivery cash-inclusive tax prices.
4. Change rate refers to period-over-period fluctuation.

4. Market Outlook

In the morning session, the formaldehyde market center shifted downward. Driven by weak cost support, formaldehyde prices declined. The market continues to execute previous orders with limited new inquiries, and downstream participants remain in a wait-and-see mode. Chempricehub forecasts that the formaldehyde market will trend within a narrow range in the short term.

Legend:

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