Formaldehyde holds steady in tight trading
Formaldehyde prices remained unchanged this week at Rs 28.5/kg, extending the recent phase of stability. The fortnight comparison shows no movement, while monthly levels are also steady. Indian Formaldehyde prices are currently positioned near the lower half of their recent three-month band.
Three months ago, the product was assessed at Rs 28/kg, while the high during this period reached Rs 34/kg and the low was Rs 27/kg. Six months earlier, prices were Rs 24/kg, highlighting a broader recovery that has since stabilised. Indian Formaldehyde prices continue to trade within defined markers without range expansion. On a year-on-year basis, Formaldehyde prices in India remain above Rs 26.5/kg recorded last year, confirming a firmer annual comparison.
Weekly movements have been minimal, and volatility indicators show limited variation. Buyers and sellers are operating within predictable levels, with no abrupt changes in benchmark assessments, Formaldehyde, Formaldehyde Prices, Holds Steady, Tight Trading, Chemical Market.
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