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China formaldehyde production profit plummets in Oct

Source: Mysteel Nov 10, 2025 10:22
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Formaldehyde Capacity Demand Supply
China formaldehyde prices dropped to lowest October level in five years, pressured by declining methanol costs and weak demand from the wood-based panel sector. Operating rates slumped 21.70%, with average losses widening to Yuan -82/tonne amid persistent oversupply, according to OilChem.   In Shandong, a key producing region, the October average

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