Bulletin Updates

Mumbai market records high Formic Acid prices – 11 Oct 2024

Oct 11, 2024

The prices of Formic Acid have surged in the Mumbai market, with rates rising from Rs.65/kg to Rs.67/kg, marking a notable increase of Rs.2/kg. This hike is primarily due to a combination of supply constraints and increasing demand from downstream industries, particularly those involved in the production of chemicals and solvents

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