SMS Image

Price Alerts

News Image

Chemical News

Report Image

Market reports

Report Image

Historical Data

Try free for 30 days


Free Trial

Formaldehyde Weekly Report 19 Aug 2017

Weekly Price Trend: 14-08-2017 to 18-08-2017

  • The above given graph focuses on Formaldehyde price trend for the current week.
  • If we take a quick look at the above given weekly prices, it can be observed that the market of Formaldehyde had followed up trend in the domestic market and at the end of this week price were assessed at the level of Rs. 13/Kg at Ahmedabad Port.

Comparison between domestic price of Formaldehyde and Methanol
From 14th  Aug to 18th  Aug, 2017

The above given chart shows the comparison between domestic price trend of Formaldehyde and Methanol from 14th Aug to 18th Aug, 2017. Previous week prices of Formaldehyde had followed up inclination and at the end of the week prices were assessed at Rs. 12.5/Kg at Ahmedabad port. Prices of Methanol which is a feedstock of Formaldehyde had followed up trend at Kandla and Mumbai ports and at the end of previous week prices of methanol were assessed at Rs. 23.5/Kg for Kandla and Mumbai port.

This week the domestic market of Formaldehyde had followed up tendency and at the end of the week prices were assessed at Rs.13/Kg at Ahmedabad port, The prices of methanol also had followed up proclivity, on 14th Aug, 2017 Methanol prices were assessed at Rs 23.5/kg for Kandla and Mumbai ports and at the end of the week on 18th Aug, 2017 prices of methanol were evaluated at Rs 24.25/kg for Kandla and for Mumbai ports of India.

Previous week, CFR India methanol prices have increased, domestic prices have increased. This week methanol prices also have increased and formaldehyde prices also have increased. Some of the market players have said that presently methanol market is moving with up velocity. China market also reveals sign of moving upward for short term but long term outlook for methanol will be uncertain.
CFR India prices of Methanol were assessed in the range of USD 258/MTS. This week prices have increased by USD 8/mt compares to last assessed price.
 
 $1 = Rs. 64.14
 Import Custom Ex. Rate USD/ INR: 65.15
 Export Custom Ex. Rate USD/ INR: 63.45