Formic Acid Prices In India (Business Opportunities - Marketing & Sales)
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Item ID 3104644 in Category: Business Opportunities - Marketing & Sales
Formic Acid Prices In India | |
The Mumbai market has experienced an uptick in formic acid prices today.This increase is driven by a combination of tight supply conditions and rising demand from industries, particularly in the production of chemicals. formic acid prices in Mumbai were quoted higher than Rs.66/Kg to Rs.67/Kg registering a hike of Re 1/kg. Formic acid, a versatile organic acid, is widely produced and utilized across the globe. In India, key players such as Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (GNFC) and Tata Chemicals dominate the market, producing formic acid for applications in textiles, leather, and agriculture. BASF India and Perstorp Chemicals also contribute significantly by catering to niche demands and distributing imported formic acid. Globally, BASF SE, headquartered in Germany, leads the production of formic acid with its extensive manufacturing capabilities and diverse application portfolio. Chinese manufacturers, including Luxi Chemical Group and Feicheng Acid Chemicals, play a pivotal role in meeting the increasing demand, particularly in the Asia-Pacific region.Formic Acid Prices In India,Indian Formic Acid Prices,Indianpetrochem. | |
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| Target State: All States Target City : All Cities Last Update : 26 February 2025 11:29 AM Number of Views: 23 | Item Owner : Indianpetrochem Contact Email: Contact Phone: (None) |
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2025-03-04 (0.383 sec)