Formaldehyde Weekly Report 05 May 2018

Weekly Price Trend: 30-04-2018 to 04-05-2018

• 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 firm trend in the domestic market and at the end of this week price were assessed at the level of Rs. 17.25/Kg at Ahmedabad Port.

Comparison between domestic price of Formaldehyde and Methanol
From 30th  Apr to 04th May, 2018

The above given chart shows the comparison between domestic price trend of Formaldehyde and Methanol from 30th April to 04thMay, 2018.

Previous week prices of Formaldehyde had followed up inclination and at the end of the week prices were assessed at Rs.17.5/Kg at Ahmedabad port. Prices of Methanol which is a feedstock of Formaldehyde also had followed up trend and at the end of the week on prices of methanol were evaluated at Rs 33.25/kg for Kandla and Rs 33.25/kg for Mumbai ports of India.

This week the domestic market of Formaldehyde had followed firm trend and at the end of the week prices were assessed at Rs.17.25/Kg at Ahmedabad port, The prices of methanol had followed weak proclivity, on 30th April, 2018 Methanol prices were assessed at Rs 33/kg for Kandla and Rs 33/kg  for Mumbai ports and at the end of the week on 04th May, 2018 prices of methanol were evaluated at Rs 33/kg for Kandla and Rs 3/kg for Mumbai ports of India.

CFR India prices of Methanol were assessed in the range of USD 399/MTS. This week prices have decreased by USD 5MT in compares to last assessed price.

 $1 = Rs. 66.86
 Import Custom Ex. Rate USD/ INR: 67.50
 Export Custom Ex. Rate USD/ INR: 65.80