paraformaldehyde Pricing Assessment

Markets Covered:

China

Taiwan

Spain

Germany

India

Korea

Nigeria

United States

Paraformaldehyde Price Trend, Analysis and Forecast

In Q1 2024, Paraformaldehyde prices exhibited a mixed trend influenced by various global market conditions. Compared to Q4 2023, prices in China declined by approximately 6%, driven largely by reduced demand in key sectors such as adhesives, resins, and agrochemicals. This downward pressure was further compounded by ample supply of Methanol, the primary feedstock for Paraformaldehyde, which helped keep raw material costs low. Consequently, the combination of lower demand and steady supply contributed to the overall price decline during this period.

In Q2 2024, PFA prices slightly increased compared to previous quarter in China. However, the price trend decreased in the European market in the vicinity of deterred demand and excessive inventories. The oscillations of methanol prices, a key feedstock for Paraformaldehyde production, helped maintain cost consistency, but the uptick in demand still drove prices up slightly.

As of August 2024, Paraformaldehyde prices exhibited some fluctuations but stabilized compared to the previous month. A key factor behind this consistency is the stable pricing of methanol, which serves as a crucial feedstock for Paraformaldehyde production. In Q3 2024, Paraformaldehyde prices will remain relatively stable across different regions, primarily due to balanced supply and demand conditions. In Europe, the market was characterized by consistent methanol prices, a crucial feedstock for Paraformaldehyde, alongside stable energy costs.

Looking ahead to Q4 2024 and beyond, demand from downstream sectors, such as resins, adhesives, and agrochemicals, is expected to increase, with prices influenced by both global demand recovery and any disruptions in supply.

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is your trusted resource for tracking global paraformaldehyde price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the paraformaldehyde market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's paraformaldehyde price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in paraformaldehyde prices

Fluctuations in Methanol Prices: As the primary feedstock for Paraformaldehyde, methanol price changes heavily influenced Paraformaldehyde costs. Sharp increases in methanol prices, such as during the 2018 oil price surge, led to corresponding hikes in Paraformaldehyde prices. Methanol prices also experienced volatility due to changes in oil prices, natural gas supply, and global demand.

Geopolitical Instabilities: The instability in the Middle East, particularly affecting oil production and logistics, has caused disruptions in global supply chains, leading to price hikes. Tensions like the Iran sanctions and conflicts in the region during 2019-2020 played a critical role in increasing costs for feedstocks and downstream products, including Paraformaldehyde.

COVID-19 Pandemic (2020-2021): The COVID-19 pandemic led to a massive global economic slowdown, resulting in supply chain disruptions, factory closures, and reduced industrial production. The reduced demand, combined with logistical challenges, caused Paraformaldehyde prices to plummet initially in 2020. However, as the economy began recovering in 2021, the increased demand caused a sharp rebound in prices.

Environmental Regulations and Plant Shutdowns: Stricter environmental policies, particularly in China, caused significant supply constraints in the Paraformaldehyde market. During 2017 and 2018, numerous Paraformaldehyde plants were shut down due to non-compliance with environmental laws, creating supply shortages and pushing prices up. This trend of tightening regulations continued into the early 2020s.

These events underscore the Paraformaldehyde market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

paraformaldehyde Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Paraformaldehyde production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Paraformaldehyde supply chain, from raw material availability to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Paraformaldehyde prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Paraformaldehyde production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in Paraformaldehyde demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Paraformaldehyde production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Paraformaldehyde production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Paraformaldehyde pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Paraformaldehyde prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Paraformaldehyde pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

30.03 

CAS No

30525-89-4

HS Code

29126000

Molecular Formula

OH(CH2O)nH(n=8-100)

paraformaldehyde

Paraformaldehyde is a white, powdery polymer formed by the polymerization of formaldehyde. It possesses a pungent odour and serves as a convenient and stable source of formaldehyde for various applications. This solid form of formaldehyde is readily available and easily handled, making it a preferred choice in many industrial settings.

Packaging Type

25 kg Bags

Grades Covered

Industrial Grade (96%, 92% purity)

Incoterms Used

FOB China, FOB Spain, FOB Germany, FOB Taiwan, CIF Houston (Spain), CIF Busan (China, Taiwan, Spain), CIF Apapa (China), CIF JNPT (Spain), Ex Kandla

Synonym

Paraform

Quotation Terms:

25-28 MT (Global), 10-15 MT (India)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property	Specification
Purity (%)	96, 92
Acidity (%)	<0.03
Chloride content (wt%)	<0.001
Iron content (wt%)	<0.001
pH	5-7

Applications

Paraformaldehyde is primarily used as a fixative in biological laboratories to preserve tissue samples for microscopy. It cross-links proteins, maintaining cellular structure. Additionally, it plays a role in producing polymers, plastics, and adhesives, and serves as a disinfectant in healthcare settings. Its versatility also extends to synthesizing formaldehyde-based chemicals for various industrial applications.

Disclaimer

Paraformaldehyde price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for paraformaldehyde. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of Paraformaldehyde? +

The pricing of paraformaldehyde is influenced by several key factors, including raw material costs, production methods, and market demand. Fluctuations in the price of formaldehyde, from which paraformaldehyde is derived, can directly impact costs. Additionally, regional supply chain dynamics, regulatory changes, and competition among suppliers also play significant roles. It is essential for procurement heads to stay informed about these factors to make cost-effective purchasing decisions.

How can I determine the best suppliers for Paraformaldehyde? +

To identify the best suppliers for paraformaldehyde, procurement heads should consider several criteria: supplier reputation, pricing, quality control measures, and delivery reliability. Conducting market research and requesting quotes from multiple suppliers can provide valuable insights. Additionally, checking reviews and testimonials, and assessing compliance with industry standards can help in selecting suppliers who offer competitive pricing without compromising on quality.

What are the common applications of Paraformaldehyde that impact its pricing? +

Paraformaldehyde is commonly used in various industries, including pharmaceuticals, textiles, and resins. Its applications in disinfectants production, formaldehyde solutions, and as a laboratory reagent contribute to its demand, influencing pricing. Understanding these applications can help procurement heads forecast demand trends and negotiate better prices based on their specific usage needs. Engaging with suppliers who specialize in these applications can also provide more competitive pricing options.