Formaldehyde Weekly Report 23 June 2018

Weekly Price Trend: 18-06-2018 to 22-06-2018

• 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 volatile trend in the domestic market and at the end of this week price were assessed at the level of Rs. 17/Kg at Ahmedabad Port.

Comparison between domestic price of Formaldehyde and Methanol
From 18th June to 22nd  June,2018

The above given chart shows the comparison between domestic price trend of Formaldehyde and Methanol from 18th June to 22nd June 2018.

Previous week prices of Formaldehyde had followed up inclination and at the end of the week prices were assessed at Rs.16/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 prices of methanol were evaluated at Rs 31.75/kg for Kandla and Rs 331.75/kg for Mumbai ports of India.

This week the domestic market of Formaldehyde had followed volatile trend and at the end of the weak prices were assessed at Rs.17/Kg at Ahmedabad port, The prices of methanol also had followed volatile proclivity after little fluctuation, on 18th June, 2018 Methanol prices were assessed at Rs 31.75/kg for Kandla and Rs 31.75/kg for Mumbai ports and at the end of the week on 22nd June, 2018 prices of methanol were evaluated at Rs 32/kg for Kandla and Rs 32/kg for Mumbai ports of India.

CFR India prices of Methanol were assessed in the range of USD 380/MTS. This week prices have remained firm in compares to last assessed price.

 $1 = Rs. 67.84
 Import Custom Ex. Rate USD/ INR: 69.10
 Export Custom Ex. Rate USD/ INR: 67.40