#formicacid

[petrochemindian]

Indian Formic Acid prices

The Mumbai market for Formic Acid recorded another modest decline this week, with prices easing to Rs 53.50/kg. The latest movement follows a gradual softening trend that has been visible over recent weeks. Indian Formic Acid prices have declined by Rs 0.50/kg from the previous week and by Rs 3.50/kg over the past fortnight.

Monthly comparisons show a decrease of Rs 4.50/kg, confirming the broader downward movement seen during recent trading. Despite this weakness, the market remains above the level recorded three months ago. The current price is Rs 4.00/kg higher than the three-month benchmark of Rs 49.50/kg. On a six-month basis, however, the market remains lower by Rs 6.50/kg compared with Rs 60.00/kg. Support is currently identified around Rs 49.50/kg, while resistance is seen near Rs 58.00/kg. Formic Acid prices in India continue to move within a defined range, offering procurement teams useful visibility into current market conditions. Indian Formic Acid prices remain influenced by recent corrections, although trading activity appears relatively stable near current levels, Formic Acid, Mumbai Market, Chemical Prices, Petrochemicals, Market Weakness, Commodity Trading.

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[petrochemindian]

Indian Formic Acid prices

Formic Acid moved lower this week, closing at Rs 54.00/kg after declining Rs 1.00/kg from last week. The product has dropped Rs 7.00/kg over the past fortnight, showing continued downward movement in the Mumbai market. Indian Formic Acid prices are reflecting a cautious domestic pricing environment, with buyers adjusting to softer weekly and fortnightly levels.

The monthly comparison shows a decline of Rs 5.00/kg, while the current price remains above the Rs 52.00/kg level seen three months ago. This indicates that the latest decline follows a recent period of higher pricing. Over the past six months, Formic Acid has decreased by Rs 6.00/kg. The highest price recorded earlier in the year was Rs 67.00/kg, placing the current Rs 54.00/kg level well below that peak. Formic Acid prices in India are currently being tracked with support around Rs 52.00/kg and resistance near Rs 61.00/kg. Indian Formic Acid prices remain relevant for manufacturers, traders, and procurement teams reviewing weekly declines, fortnightly weakness, and the broader adjustment from earlier market highs, Formic Acid, Mumbai Trade, Market Weakness, Price Adjustment, Chemical Market, Trade Update.

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[petrochemindian]

Indian Formic Acid prices

The Mumbai Formic Acid market remained under pressure this week as prices continued their downward movement from recent highs. The latest assessment placed material at Rs 58.00/kg, reflecting a weekly decline of Rs 2.00/kg from Rs 60.00/kg recorded during the previous week. The market has also fallen Rs 8.00/kg over the past month, highlighting sustained softness across domestic trading activity. Indian Formic Acid prices have shown continued volatility as buyers adopt a more cautious approach toward fresh procurement amid uncertain market direction.

Fortnightly comparisons revealed a decline of Rs 5.00/kg, reinforcing the broader short-term bearish structure. However, the three-month comparison still showed gains of Rs 6.50/kg from Rs 51.50/kg, indicating that prices had recovered earlier in the year before the current correction emerged. Six-month comparisons reflected a decline of Rs 5.00/kg from Rs 63.00/kg. The market recently touched highs near Rs 67.00/kg before weakening toward present levels. Indian Formic Acid prices continue to trade near key support and resistance zones, with support observed around Rs 51.50/kg and resistance near Rs 60.00/kg. Formic Acid prices in India remain closely monitored as procurement teams assess future market stability, Formic Acid, Market Softening, Price Decline, Chemical Market, Downward Trend. Read the full verified update on IndianPetrochem.com.

[petrochemindian]

Indian Formic Acid prices

Formic Acid prices have moved slightly lower this week, continuing a steady downward trend in the domestic market. Indian Formic Acid prices declined by Rs 1/kg to Rs 62/kg, maintaining the easing pattern seen over recent weeks. The fortnightly drop of Rs 4/kg highlights consistent price softening.

Despite recent declines, the three-month trend shows an increase from Rs 53.50/kg, indicating prior upward movement. Over six months, prices have decreased from Rs 67/kg, reflecting a broader adjustment phase. Indian Formic Acid prices are currently near the upper resistance level of Rs 62/kg, while support is seen at Rs 49.50/kg. Formic Acid prices in India continue to trade within a stable and predictable range.

The domestic market remains calm, with limited daily fluctuations and steady trading activity, providing clarity for procurement planning, Formic Acid, Price Softening, Weekly Trend, Market Ease, Chemicals, Downtrend.

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[petrochemindian]

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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[petrochemindian]

Formic Acid edges higher on the weekly close

The latest Formic Acid note shows a slightly firmer weekly finish, keeping procurement discussions centred on consistency and month-end reconciliation. The week’s movement was limited, and it fits within a broader, measured trend on the month view. For buyers, the key utility is a clean comparison against fixed dates rather than subjective talk.

The market is assessed at Rs 53/kg on 10 Feb 2026, versus Rs 52/kg on 03 Feb 2026. Over the past fortnight, the net change is Rs 2/kg, and the month comparison to 10 Jan 2026 is Rs -1/kg. In the Indian domestic market, Indian Formic Acid prices are being monitored for consistent week-to-week steps that can be tracked against contract reset dates. The year-on-year benchmark to 10 Feb 2025 stands at Rs -10/kg.

On longer anchors, the three-month comparison is Rs -7/kg and the six-month view is Rs -10/kg. In the last 60 days, the observed high was around Rs 54/kg and the observed low was near Rs 51/kg, keeping the latest quote closer to the middle of the recent window. Support sits near Rs 51/kg and resistance near Rs 54/kg for Formic Acid prices in India. Indian Formic Acid prices remain a core reference point for vendor discussions and internal approvals, especially when aligning multiple lots across weeks, Formic Acid, Edges Higher, Weekly Close, Formic Acid Prices, Petrochemical Market, Price Update.

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Formic Acid eases further on the weekly check

Formic Acid extended its softer near-term line, with weekly movement remaining measured rather than abrupt. Mumbai assessments indicated Rs 51.5/kg on 27 Jan 2026, versus Rs 53.0/kg a week earlier, and Rs 54.0/kg on the fortnight reference. Indian Formic Acid prices are also lower than the late-December marker of Rs 54.0/kg, keeping the month view on the softer side for routine buying cycles.

The three-month comparison places the latest print below Rs 60.0/kg near late October, while the six-month lens is lower versus Rs 67.0/kg near late July. Over the last 90 days, the market reached near the recent high around Rs 60.0/kg and moved close to the lower end of recent trading near Rs 51.5/kg; in the last 30 days, the band tightened to a Rs 54.0/kg high and Rs 51.5/kg low. Formic Acid prices in India were Rs 60.5/kg on the comparable week last year, giving a longer point of reference without changing the immediate read. Indian Formic Acid prices remain the central weekly indicator used for domestic coverage and supplier discussions, Formic Acid, Formic Acid Market, Formic Acid Prices, Eases Further, Weekly Check, Chemical Market, Petrochemical Update.

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Formic Acid pauses after extended downward movement

Formic Acid prices were steady in the Indian domestic market this week, holding flat after several weeks of decline. Indian Formic Acid prices closed at Rs 53.50/kg, unchanged on a weekly basis, marking a pause following sustained downward pressure. The current level sits close to the lower end of recent trading, reflecting a market that has shifted from active correction to consolidation.

Over the past fortnight, prices remain marginally softer, while the month view continues to show a clear downward bias. During the last 30 days, prices briefly moved toward Rs 60/kg before easing back, after which trading settled into a narrower band. Day-to-day price movements have remained small, indicating reduced volatility compared with the sharper corrections seen earlier. Indian Formic Acid prices have therefore stabilised near recent lows.

A three-month comparison highlights how far the market has adjusted. Prices were near Rs 64/kg during that period, placing current levels well below earlier benchmarks. This longer view reinforces that the present stability is occurring at depressed levels rather than following a full recovery. Formic Acid prices in India continue to trade within defined boundaries, with support visible around Rs 53/kg and resistance near Rs 60/kg guiding short-term assessments, Formic Acid, Chemical Market, Price Movement, Downward Trend, Market Update, Petrochemical Industry, Commodity Prices, Supply Demand, Industry News, Market Analysis. IndianPetrochem.com continues to deliver consistent and verified market intelligence.

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