For the Quarter Ending September 2025
North America
• In the USA, the Paraformaldehyde Price Index rose by 12.18% quarter-over-quarter, driven by higher costs.
• The average Paraformaldehyde price for the quarter was approximately USD 1762.33/MT, reflecting input cost pressures.
• Paraformaldehyde Spot Price firmed as constrained merchant availability reduced spot liquidity and supported firmer offers.
• Paraformaldehyde Production Cost Trend rose with formaldehyde feedstock increases and tariff-driven replacement cost escalation pressures.
• Paraformaldehyde Demand Outlook improved as plantation season started, lifting agrochemical procurement and seasonal downstream consumption.
• Paraformaldehyde Price Forecast turned cautiously bullish short-term given tightened inventories and stronger agricultural sector orders.
• Paraformaldehyde Price Index stability moderated by steady plant run-rates and absence of significant logistics disruptions.
• Export demand and limited merchant availability constrained offers, reinforcing firm Paraformaldehyde Price Index levels domestically.
Why did the price of Paraformaldehyde change in September 2025 in North America?
• Rising formaldehyde feedstock costs and tariff-driven replacement expenses pressured producer margins, prompting higher seller offers.
• Start of plantation season increased agrochemical buying, drawing down inventories and lifting Paraformaldehyde Price Index.
• Tight merchant availability and import-replacement economics constrained spot liquidity, sustaining firm offers and limiting discounts.
APAC
• In Taiwan, the Paraformaldehyde Price Index rose by 1.95% quarter-over-quarter, supported by steady agrochemical demand.
• The average Paraformaldehyde price for the quarter was approximately USD 643.33/MT, reflecting steady FOB-Taichung levels.
• Paraformaldehyde Spot Price remained rangebound amid balanced inventories and uninterrupted domestic production across Taiwanese manufacturing hubs.
• Paraformaldehyde Price Forecast shows modest monthly adjustments with mixed short term signals and cautious supplier quotations.
• Paraformaldehyde Production Cost Trend held steady as feedstock formaldehyde prices and logistics costs showed minimal movement.
• Paraformaldehyde Demand Outlook remains moderate with agrochemical off-take steady but export activity restrained by tariffs.
• Paraformaldehyde Price Index stability reflected adequate stock levels, normal plant operations, and lack of unplanned outages.
• Inventory and export dynamics balanced; buyers cautious, restocking risks after summer slowdowns could alter short term supply-demand.
Why did the price of Paraformaldehyde change in September 2025 in APAC?
• Balanced domestic production and sufficient inventories prevented upward pressure on prices despite steady agrochemical season demand.
• Stable feedstock formaldehyde and muted logistics costs supported flat production cost trends, limiting price volatility near-term.
• Weaker export demand due to tariffs and cautious buyer behavior reduced spot activity, keeping the Price Index stable.
Europe
• In Spain, the Paraformaldehyde Price Index rose by 4.46% quarter-over-quarter, driven by seasonal demand pickup and constrained logistics.
• The average Paraformaldehyde price for the quarter was approximately USD 859.33/MT, reflecting balanced supply and modest feedstock easing.
• Paraformaldehyde Spot Price remained rangebound as port congestion and buyer caution limited immediate arbitrage opportunities.
• Paraformaldehyde Price Forecast points to modest volatility driven by seasonal restocking and potential feedstock formaldehyde cost shifts.
• Paraformaldehyde Production Cost Trend showed slight easing as formaldehyde feedstock prices softened, reducing manufacturer margin pressure.
• Paraformaldehyde Demand Outlook remains cautious with agrochemical seasonal dynamics and moderate industrial restocking influencing purchase timing.
• Paraformaldehyde Price Index stability reflected adequate inventories and subdued export demand amid variable berth and vessel timings.
• Operational uptime at key producers supported supply, while sellers maintained cautious offers despite intermittent spot tightness and delays.
Why did the price of Paraformaldehyde change in September 2025 in Europe?
• Seasonal agrochemical buying modestly lifted demand as plantation season progressed, tightening immediate available spot volumes.
• Feedstock formaldehyde costs remained stable to slightly firmer, modestly increasing production cost pressures for manufacturers.
• Logistics constraints including busy berths and vessel bunching caused delivery timing uncertainty, supporting cautious seller behaviour.
MEA
• In United Arab Emirates, the Paraformaldehyde Price Index rose by 5.70% quarter-over-quarter, driven by exports.
• The average Paraformaldehyde price for the quarter was approximately USD 611.67/MT reflecting regional trade dynamics.
• Paraformaldehyde Spot Price softened at the port due to delayed shipments and limited arbitrage activity.
• Paraformaldehyde Production Cost Trend showed mild upward pressure from formaldehyde feedstock and energy cost increases.
• Paraformaldehyde Demand Outlook remains stable as downstream resins and adhesives markets sustain steady purchasing activity.
• Paraformaldehyde Price Forecast suggests moderate upside tied to export volumes and ongoing feedstock cost pressures.
• Regional inventory levels tightened, supporting the Paraformaldehyde Price Index as shipments to Asian markets increased.
• Major producer operating rates were high, limiting spot availability and reinforcing Paraformaldehyde Price Index strength.
Why did the price of Paraformaldehyde change in September 2025 in MEA?
• Export demand strengthened during September, tightening physical availability and supporting higher Paraformaldehyde Price Index levels.
• Feedstock formaldehyde and energy cost increases lifted Paraformaldehyde Production Cost Trend, pressuring margins regionally modestly.
• Port congestion and delayed shipments disrupted arbitrage flows, constraining spot supply and lifting Price Index.
For the Quarter Ending June 2025
North America
• The paraformaldehyde Spot Price in North America increased by 8.3% quarter-over-quarter in Q2 2025, reflected in a bullish Price Index.
• The Price Index for paraformaldehyde in the US showed consistent upward momentum throughout Q2, supported by steady demand and intermittent supply challenges.
• Strong demand from the agrochemical sector during the spring application season remained a key driver of market activity, particularly amid weather-related delays that extended usage timelines.
• Supply chain disruptions, including historic flooding and adverse weather conditions, led to logistical bottlenecks and longer delivery lead times, sustaining firm Price Index levels.
• Although feedstock formaldehyde prices remained largely unchanged for most of the quarter, a rise toward the end of June led to higher production costs, prompting suppliers to raise their Price Index quotations.
• The market sentiment remained bullish overall, supported by a cautious yet steady approach to procurement by buyers and limited product availability throughout the quarter.
Why did the price of Paraformaldehyde change in July 2025 in North America?
• The end of the plantation season reduced demand from the agrochemical sector, which had previously been a major driver of paraformaldehyde consumption.
• With no seasonal demand support, downstream buyers became less active in the market, leading to a slowdown in procurement.
• The sustained increase in the Price Index over previous months raised affordability concerns among end-users, pressuring suppliers to revise their pricing strategies.
• In response to declining demand and buyer resistance to elevated prices, suppliers began adjusting their quotations downward, initiating a slight decline in prices.
APAC
• The paraformaldehyde Spot Price in APAC increased by 1.68% quarter-over-quarter in Q2 2025, reflected in a bullish Price Index.
• In the second quarter, the paraformaldehyde market in APAC showed a steadily bullish trend in the Price Index.
• The early part of the quarter was marked by market stability, supported by a balanced supply-demand scenario and consistent procurement from the agrochemical and construction sectors during the mid-crop season.
• A rise in the Price Index occurred in May due to increased demand from domestic and regional buyers, following the conclusion of national holidays and the onset of the plantation season.
• Seasonal factors, including the peak plantation period, led to sustained buying momentum and consistent consumption, supporting a firm market outlook.
• The market maintained this upward trend through June, with suppliers holding firm on their quotations due to stable input costs, uninterrupted logistics, and sufficient inventory levels, along with the consistent demand from the downstream agrochemical sector reflecting continued confidence in the overall Price Index movement.
Why did the price of Paraformaldehyde change in July 2025 in Asia?
• Prices of paraformaldehyde in Asia remained unchanged in July 2025 due to balanced supply and demand, with suppliers adequately meeting routine downstream requirements.
• Steady consumption from the agrochemical sector, during the plantation season, sustained consistent order volumes without prompting price changes.
• With no major fluctuations in raw material costs or external market influences, suppliers maintained their quotations, contributing to a calm and steady price trend.
Europe
• The paraformaldehyde market in Germany displayed a strong bullish trend throughout Q2 2025, driven by elevated upstream production costs and increased downstream demand.
• Rising demand from the agrochemical sector during the peak plantation season significantly supported the upward movement in the price index.
• Initial supply chain disruptions, particularly along the Rhine River due to low water levels, increased transportation costs and tightened availability, further lifting market sentiments.
• As water levels improved by May, logistical efficiency was restored, but strong procurement activity kept the price index elevated.
• Trading volumes and production levels increased in response to pre-season demand from the paints and coatings sector and consistent agrochemical sector consumption.
• In June, although the plantation season ended and demand moderated, stable production costs and balanced inventory levels maintained a firm market tone initially.
• However, by late June, a decline in formaldehyde costs and weakening agrochemical demand led to a slight correction in the price index, softening the bullish momentum.
Why did the price of Paraformaldehyde change in July 2025 in Europe?
• The paraformaldehyde market in Europe experienced a slight decline in prices during July 2025 due to a combination of seasonal and cost-related factors.
• A slowdown in market activity, typical of the summer holiday season, led to reduced trading volumes and limited buyer engagement.
• Feedstock formaldehyde prices declined, lowering production costs and prompting suppliers to adjust their ex-quotations downward.
• With sufficient inventories and moderate demand from the agrochemical sector, suppliers focused on inventory management rather than pursuing aggressive sales strategies.
For the Quarter Ending March 2025
North America
In Q1 2025, the North American Paraformaldehyde market consistently reflected bullish sentiments, driven by a confluence of rising production costs, supply-side constraints, and strong downstream demand. In January, market confidence was underpinned by stable production costs and sufficient inventory levels, despite seasonal slowdowns in construction and mixed performance in coatings. However, the anticipation of tariff-related supply chain adjustments, led to a surge in trading activity, reinforcing the bullish sentiment.
By February, bullish momentum continued as feedstock costs began to rise, especially with formaldehyde prices trending upward. Strong domestic demand from the automotive and construction sectors, supported by infrastructure spending, kept market conditions firm.
In March, the market experienced heightened activity, primarily from the agrochemical sector ahead of the plantation season, alongside a mixed yet resilient construction demand. As inventory levels thinned, suppliers responded with upward price adjustments to align with stronger consumption. Continued increases in feedstock costs, tariff-related concerns, and shifting sourcing strategies further intensified bullish market dynamics, solidifying the positive trajectory of the U.S. Paraformaldehyde market throughout the quarter.
APAC
In Q1 2025, the Paraformaldehyde market in the APAC region demonstrated mixed market sentiments, marked by phases of stability, bearishness, and slight bullishness influenced by varied sectoral demand and supply dynamics. In January, the market maintained stable pricing despite bearish undertones, as demand from the construction sector remained limited. This stability was largely underpinned by sufficient inventory levels and cautious procurement activities amidst the economic uncertainties. Moving into February, the market sentiments shifted downward due to low demand from coatings and construction enterprises, prompting a slight reduction in quotations. The lingering effects of the Lunar New Year further suppressed trading activity, and buyers hesitated to place new orders, relying instead on existing stockpiles. However, by the end of the month, demand from the agrochemical and construction sectors started to stabilize the market, setting the stage for a modest rebound. In March, the ongoing plantation season revitalized the agrochemical sector, driving up consumption and stimulating trading activity. This improvement in demand, coupled with a steady outlook from the construction industry, led to a minor price recovery and reflected a shift toward bullish sentiment. These fluctuations throughout the quarter highlight the dynamic nature of Taiwan’s Paraformaldehyde market, characterized by cautious optimism and sector-specific demand patterns.
Europe
In Q1 2025, the Paraformaldehyde market in Europe consistently exhibited bullish sentiments, driven by a combination of surging production costs, constrained supply, and growing demand across key downstream sectors. In January, market prices remained elevated as rising feedstock costs, particularly in formaldehyde, fueled production expenses. Limited output due to labor shortages, port congestion, and supply chain bottlenecks further restricted availability, sustaining bullish sentiments despite subdued industrial demand. Moving into February, bullishness persisted as operational challenges, including rising energy costs and reduced production rates, prevented any price corrections. Although downstream sectors such as construction and automotive showed weakness due to inflation and regulatory hurdles, and the inability of manufacturers to cut costs, kept market momentum strong. In March, the bullish trend was reinforced by a notable surge in demand from the agrochemical sector, spurred by the onset of the plantation season. Steady interest from construction enterprises and growing international orders further strengthened market activity. Market participants responded by ramping up production and revising quotations upward, supported by a widening spread between formaldehyde and paraformaldehyde. The interplay of rising costs, tight supply, and strengthening downstream demand collectively sustained bullish market conditions throughout the quarter in Europe.
For the Quarter Ending December 2024
North America
The U.S. paraformaldehyde market experienced a bullish trend throughout the last quarter of 2024 due to a combination of production disruptions, rising feedstock costs, and strong downstream demand. Supply tightness, caused by operational issues in manufacturing plants, led to a supply gap, which pushed prices upward. As demand for Paraformaldehyde from sectors like adhesives, coatings, and textiles increased, suppliers responded by raising their quotations.
The market continued its upward trajectory in November, driven by rising feedstock costs and continued robust demand from various industries. Despite mixed performances in sectors such as construction and paints, the overall market remained optimistic, with suppliers adjusting their prices to reflect supply and demand dynamics.
Similarly, in December, prices continued to witness bullishness amid the potential disruptions, such as labor disputes and rising freight costs, remained concerns, yet the market demonstrated resilience. Throughout the quarter, market behavior continued to showcase bullishness as participants kept raising their quotations, reflecting the current market sentiments amid external uncertainties.
APAC
In the APAC region, the paraformaldehyde market experienced fluctuations throughout the fourth quarter of 2024, driven by varying demand and supply dynamics. Initially, prices rose due to a surge in the demand from the textile and electronics sectors, combined with supply constraints from local producers reducing output to manage inventory. Additionally, increased methanol prices contributed to higher manufacturing costs. The market witnessed a slight decline in November, as the market sentiments were affected by the disruptions caused by a typhoon. Similarly, the market faced challenges in December, with a decline in prices attributed to sufficient inventory levels and moderate demand from the construction sector. Tightened supply, partly due to port congestion and the suspension of trading by some companies, kept market conditions uncertain. However, effective inventory management allowed for a balanced supply-demand situation. Despite production cost increases from higher feedstock prices, market participants maintained a cautious approach, adjusting their operations to align with evolving market conditions, ensuring steady market sentiment amidst ongoing challenges.
Europe
During the fourth quarter of 2024, the paraformaldehyde market in Germany experienced bullish sentiments, supported by rising demand from multiple sectors, including construction, coatings, and packaging. Increased use of paraformaldehyde in resins, particularly in the automotive and construction sectors, boosted demand. However, challenges such as tightening supply, driven by rising production costs and limited methanol availability, strained the supply chain, with port congestion in Hamburg further exacerbating logistical issues. Despite these pressures, market participants maintained cautious trading practices, reflecting the robust but uncertain market conditions. Demand was consistent across the downstream sectors, with construction and coatings showing mixed performance, while the packaging sector struggled. Economic uncertainties, including political instability and rising borrowing costs, weighed on the broader economy but had a limited impact on the demand recovery in some sectors. The combination of supply constraints, sector-specific demand, and logistical challenges contributed to bullish market activity, with suppliers maintaining their high quotations despite fluctuating conditions, highlighting the market’s resilience amidst ongoing challenges.
