The US formaldehyde prices drifted down in November 2025 amid bearish feedstock costs and stale demand. Methanol, the primary upstream feedstock, was on a continued declining trajectory as high levels of imports resulted in US port inventories reaching multi-year heights, contributing to cost relief for formaldehyde producers. Demand was still lackluster as many Federal Reserve Districts reported weak building activity and there was active year-end destocking by buyers in the sectors for resins and panels. Trade became somewhat more favorable due to the easing of US–China tariffs and purchasing sentiment was relatively steady despite some logistics difficulties, but long rail dwell times at major North American ports continued to significantly disrupt supply-chain efficiency. A macro factors such as fallings in consumer and business confidence and the Federal Reserve’s rate hike added to sentiment caution. ChemAnalysts report: If there is not a sign of meaningful recovery in downstream consumption in the coming days, prices of formaldehyde will continue to be under pressure going into December 2025.
