On February 20, the average price of domestic phosphoric acid was 5050 CNY / ton, which was the same as that before Chinese New Year holiday (on February 9) and the same month on month, with a decrease of 5.61% compared with the same period last year. Read More

The price of Sodium Bicarbonate was stable for the time being. On February 7, the average price in the domestic market was 1496.67 CNY / ton, and the commodity index of baking soda was 99.34, unchanged from yesterday, down 18.36% from 121.68 (2020-10-21), the highest point in the cycle, and up 12.54 from 88.27, the lowest point on December 22, 2020. (Note: cycle refers to the period from September 1, 2020 to now). Read More

On February 7, the average price of domestic phosphoric acid was 5050 CNY / ton, unchanged from the beginning of the week, up 0.66% month on month, and down 5.31% compared with the same period last year. Read More

Last week, the domestic price of Sodium Metabisulfite(Sodium Pyrosulfite) was adjusted weakly. The average price of industrial grade sodium pyrosulfite at the beginning of the last week was 1683.33 CNY / ton, and that at the end of the last week was 1633.33 CNY / ton, a slight drop of 2.97%. Read More

Affected by the tight supply of acetic acid, the domestic acetic acid market continues to rise。At present, the domestic acetic acid market as a whole is high and strong, and the spot supply exceeds the demand. The downstream market has a positive performance in preparing goods before the Spring Festival holiday. Read More

It can be seen from the above chart that in the second half of 2020, the price of Formic Acid is basically in an upward trend. Especially since September, the price has been rising steadily. After entering 2021, the cost of raw materials is still rising, so it is expected that the price will rise further. Read More