Views: 0 Author: Site Editor Publish Time: 2021-05-24 Origin: Site
Till May 21, the average quotation price of Formic Acid manufacturers was 2733.33 CNY / ton, up 9.33% compared with May 13, up 10.81% compared with April 21, and up 35.54% compared with the same period of last year. Since May, Formic Acid market has been rising steadily, and the market price has risen again this week.
Generally speaking, the current cost side has a certain support, and the demand side performance is fair. It is expected that the Methanoic Acid market will mainly run at a high level in the short term, and more attention should be paid to the change of raw material prices.
