Formic Acid edges higher on the weekly close
Formic Acid posted a modest weekly rise while keeping the broader month picture largely steady. The current assessment sits near the lower end of the recent quarter span, which can matter for buyers benchmarking spot coverage against quarter markers.
The latest weekly marker was Rs 52/kg, up Rs 1/kg from Rs 51/kg a week earlier. The fortnight reference was Rs 51/kg, and the month marker was Rs 51.5/kg, confirming that the latest move was small in size relative to the month baseline. Indian Formic Acid prices therefore show limited short-term volatility, with incremental shifts rather than sharp swings.
On the wider timeline, the three-month reference was Rs 60/kg and the six-month point was Rs 63/kg. In the last 90 days, the high was around Rs 60/kg and the low was near Rs 51/kg, keeping quarter markers clear for procurement baselines. Formic Acid prices in India remain below the year-on-year reference of Rs 66/kg, which frames the longer comparison without changing the near-term stability tone.
Indian Formic Acid prices remain a key domestic market input for budgeting and pass-through discussions, Formic Acid, Formic Acid Market, Edges Higher, Weekly Close, Chemical Prices, Market Trend.
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