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Home / News / Chinese Formic Acid price rises up after holiday

Chinese Formic Acid price rises up after holiday

Views: 0     Author: Site Editor     Publish Time: 2021-05-07      Origin: Site

Chinese Formic Acid price rises up after holiday

On May 6, the domestic industrial grade 85% formic acid market rose. Till May 6, the average price quoted by formic acid producers was 2466.67 CNY / ton, up 1.37% compared with the price before the holiday, and down 17.32% compared with April 6. After the holiday, the enthusiasm of downstream procurement has been improved, the market trading atmosphere is better, and the focus of formic acid market negotiation has moved up. It is expected that the formic acid market will be stable and strong in the short term. More attention should be paid to the changes of raw material prices and market information guidance.


Formic Acid 85%

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