Ahmedabad Formaldehyde moved lower during the latest week, with the domestic assessment declining to Rs 42.00/kg from Rs 43.00/kg. The Rs 1.00/kg weekly reduction continues the weaker pattern seen over the past month. Indian Formaldehyde prices are currently close to the bottom of the recent Rs 42.00-45.00/kg trading range, while movements during the latest week have otherwise remained relatively limited.
The monthly comparison shows a decline of Rs 3.00/kg. Over three months, the change is significantly larger, with the current level standing Rs 18.00/kg below the Rs 60.00/kg price recorded three months earlier. The six-month comparison moves in the opposite direction: prices were at Rs 25.00/kg six months ago, meaning the present market remains well above that earlier low despite the recent correction. Formaldehyde prices in India consequently show a strong difference between the short-term decline and the broader recovery from six-month levels.
Support is indicated around Rs 40.00/kg, while resistance remains near Rs 45.00/kg. These markers frame the recent domestic trading structure and provide procurement teams with reference levels for evaluating prevailing quotations. Indian Formaldehyde prices remain below the three-month benchmark but above the six-month starting point, highlighting the importance of comparing multiple time horizons rather than relying only on the latest weekly movement.
Formaldehyde, Formaldehyde Market, Market Decline, Weekly Decline, Ahmedabad Market, Softer Trend
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New Delhi, Marketing, Indian Formaldehyde Prices
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