SunSirs: Sales Volume Restricted, Domestic Price of Formic Acid Rebounds Slightly
May 28 2025 14:36:36
According to the commodity market analysis system of SunSirs: formic acid rebounded slightly at the beginning of this week. As of May 27, the domestic 85% industrial-grade formic acid SunSirs benchmark price was 2,600 RMB/ton, up 4% from last week.
It is reported that Luxi Chemical has been mainly based on overseas orders recently, and there is no domestic volume increase. The market supply has been reduced, the supply is tight, and the price of formic acid has risen accordingly.
SunSirs formic acid data analysts believe that the current market inventory is low, the supply is reduced, and the price of formic acid has the momentum to rise in the short term, or it will run strongly.
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- 2025-12-22 SunSirs: High Inventory Levels Triggered a Price Reduction for Formic Acid
- 2025-12-15 SunSirs: Formic Acid Recently Showed a Trend of "Reduced Volume but Stable Price"
- 2025-12-09 SunSirs: With Supply Contracting and Inventory Levels Providing Support, Formic Acid Prices Were Stable
- 2025-12-08 SunSirs: Supply and Demand Were Stable, and Formic Acid Prices Were Operating Steadily
- 2025-11-27 SunSirs: Formic Acid Entered a Consolidation Phase After a Period of Price Increase
