Last week the domestic market of Formaldehyde had followed a stable trend at Ahmedabad port. Today there has been significant rise in Formaldehyde prices on back of rise feedstock Methanol values in domestic market. The prices of Formaldehyde were assessed at the level of Rs. 14/Kg at Ahmedabad port increased by Rs.1/Kg compared to last week’s closing prices.
Today Methanol prices were assessed around Rs.23.25/Kg for Kandla and Rs.23.00/Kg for Mumbai port.
