Trade name: formic acid
Latest price (December 20): 4300 yuan / ton
On December 20, the market price of formic acid increased by 1.57% compared with last Friday, decreased by 42.67% compared with December 20, and increased by 86.96% compared with the same period last year. At present, the raw material methanol is running steadily, the price of caustic soda is rising, the price of sulfuric acid is rising slightly, the price of liquid ammonia is falling slightly, the cost support is OK, the enterprise is dissatisfied with the operating load, the market supply is in short supply, the downstream is mainly purchased on demand, and the market trading is orderly.
It is expected that in the short term, the formic acid market may be stable, medium and strong.
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