Commodity News
SunSirs：Formic acid market rose on April 15
April 15 2022 15:25:49Trade name: formic acid
Latest price (April 15): 9633.33 RMB/ton
On April 15, the market price of industrial grade 85% formic acid rose, up 11.15% compared with the previous trading day and 95.27% compared with the price on March 15. At present, the market situation of main raw material methanol rebounded slightly, the cost side has certain support, the supply side is in short supply, the demand side performs well, the export market support is strong, the market inquiry atmosphere is positive, and the price focus rises steadily.
It is expected that in the short term, the formic acid market may be dominated by strong operation.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.
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