Views: 0 Author: Site Editor Publish Time: 2021-11-15 Origin: Site
Till November 12, the average quotation price of Formic Acid manufacturers was 7500 CNY / ton, down 7.02% compared with the price on last Monday and 6.44% compared with the price on October 12.
In the near future, raw material prices are weak, the support on the cost side is insufficient, and the support on the supply and demand side is OK. It is expected that the formic acid market will mainly operate weakly and stably in the short term.