#formicacid

Formic Acid has posted a firm weekly increase in the domestic market, with Indian Formic Acid prices assessed at Rs 58.00/kg. The product rose by Rs 6.00/kg from last week’s Rs 52.00/kg level, marking a significant gain in the latest assessment. The rise also follows a fortnightly increase of Rs 4.50/kg, showing a steady upward movement in recent trading. Current prices are near the recent high of around Rs 58.00/kg, indicating recovery from lower levels earlier in the month.

The broader movement remains mixed. On a month-to-month basis, Formic Acid is higher by Rs 1.00/kg, while the three-month comparison shows a decline of Rs 7.00/kg from Rs 65.00/kg. Over six months, the product has decreased by Rs 2.00/kg. Recent trading has shown smaller movements, pointing to a more stable market pattern after earlier weakness. Formic Acid prices in India are currently being tracked around support near Rs 55.00/kg and resistance near Rs 58.00/kg. For procurement teams, the latest data provides a useful reference for weekly gains, short-term recovery, and medium-term price comparison. Indian Formic Acid prices remain important for monitoring domestic market movement, Formic Acid, Chemical Prices, Market Recovery, Weekly Gain, Industrial Chemicals, Petrochemicals.

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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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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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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.

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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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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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 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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