Views: 0 Author: Site Editor Publish Time: 2022-06-16 Origin: Site
Till June 15, the average quotation price of Formic Acid enterprises was 4700.00 CNY / ton, down 1.40% compared with last Tuesday (June 7), down 21.67% compared with May 14, and down 4.73% year-on-year in a three-month cycle.
Recently, the market price of Formic Acid 85% industrial grade in China is mainly stable, and the high-end price of some producers has been lowered. In the recent period, the price of upstream products has been mainly adjusted, the price of main raw material Methanol has risen, the cost support is acceptable, the downstream procurement is mainly for rigid demand, the market transactions are orderly, and the price is mainly stable.
