#formicacidprices

[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.

Read the full verified update on IndianPetrochem.com.

[petrochemindian]

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.

Read the full verified update on IndianPetrochem.com.

[endrusmithreal]

Navigating the Formic Acid Market: Price Trends and Insights

Formic Acid (HCOOH) is a chemical compound comprising a carboxylic acid group attached to its base atom. It is also known as methanoic acid, which is the simplest acid that occurs naturally and is commonly found in ant stings or the venom of bees.

The boiling and melting point of methanoic acid measures around 100.8° C and 8.6° C, respectively. It is a fluid with a pungent odor and is soluble in water, ethyl alcohol, and benzene. It is also slightly corrosive in nature and is an organic synthetic reagent that is efficiently used as an intermediate in several chemical synthesis processes.

Request for Real-Time Formic Acid Prices: https://procurementresource.com/resource-center/formic-acid-price-trends/pricerequest

The key importing countries that import Formic Acid are India, the Netherlands, and Brazil. On the other hand, the key exporting countries for the same are Germany, Belgium, and China.

Key Details About the Formic Acid Price Trends:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Formic Acid price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Formic Acid Price Trends, including India Formic Acid price, USA formic acid prices, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Formic Acid Price Trends:

Formic Acid, which is also known as methanoic acid, acts as a crucial intermediate in several chemical synthesis processes. It is primarily used as an antibacterial and preservative agent for producing livestock feeds. Due to its antibacterial properties, it is sprayed over fresh hays or silage, which helps the feed retain its nutritional values for longer.

Moreover, the pharmaceutical industry uses Formic Acid as foaming paste, local stimulation drugs, and astringent. It is also used as a raw material in manufacturing chemicals like camphor, caffeine, analgin, aminophylline, toluene imidazole drugs, vitamin B1, carbamazepine, and aminopyrin drugs. In the leather industry, Formic Acid is used as a leather depilation, ash removal, and soft and expansion agent, which is used in disinfection and dyeing.

Formic Acid is used in various applications, where it is used as a raw material in textile, chemical, pharmaceutical, medical, agricultural, electroplating, and leather industries.

Key Players:

BASF SE

Feicheng Acid Chemicals Co. Ltd

Taminco Corporation

Perstorp AB

News & Recent Development

Date: May 12, 2023- A study conducted by Tobias Erb, resulted in the development of an artificial metabolic pathway to produce formaldehyde, which is an intermediary product for artificial photosynthesis, using Formic Acid.

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