Recent domestic industrial grade 85% formic acid market

remained stable overall, the Spring Festival approaching, the market has no obvious

adjustment. This week, manufacturers and dealers generally maintain the price no

adjustment, but the price compared with the same period last year is still in the high

state. Device manufacturers, Luxi Chemical acid device mainly for normal operation,

Shandong was still still not as acid device recovery started.

It is understood that the enterprises offer is generally maintained at 5000 yuan / ton,

the market supply tensions have eased. The enterprise mainly wait-and-see

multidimensional stability. At present, the mainstream acid ex factory price of 5000 yuan

/ ton, the main distributor price in 4500-5500 yuan / ton. Zhejiang, Hubei and other

places due to the freight cost or supply of high production cost, high price, generally

offer in 5000-5500 yuan / ton. As of Friday (January 20th), Lawton Shanghai Fine Chemical

Co., offer 5300 yuan / ton; Zibo Pulis Chemical Co., offer 5000 yuan / ton; Changzhou

Sichuan Phosphorus Chemical Co., offer 5500 yuan / ton; Zhangzhou Xiangcheng Three

Chemical Co., 5500 yuan price /.