Indian Formaldehyde Prices

Formaldehyde continued its recent decline in Delhi, dropping Rs 1.00/kg during the week to Rs 35.00/kg from Rs 36.00/kg previously. The latest assessment keeps Indian Formaldehyde prices on the downward trajectory recorded during the past month and places the current quotation at the lowest level reported for that period. For procurement teams, the latest weekly movement adds another reference point for assessing the scale of the recent correction.
The monthly comparison is more substantial. Formaldehyde stood at Rs 41.00/kg one month ago, representing a Rs 6.00/kg decline to the current Rs 35.00/kg level. The reported monthly range consequently runs between Rs 35.00/kg and Rs 41.00/kg. Over three months, prices have fallen Rs 15.00/kg from Rs 50.00/kg, highlighting the broader scale of the recent downward movement.
The six-month comparison presents a different baseline, with the current price Rs 5.00/kg higher than the earlier Rs 30.00/kg assessment. Buyers following Formaldehyde prices in India can therefore see contrasting movements depending on the comparison period. Indian Formaldehyde prices remain above the stated support level of Rs 30.00/kg, while resistance is identified near Rs 41.00/kg. Market volatility has remained moderate, with relatively steady trading movements providing procurement teams with identifiable weekly, monthly, three-month and six-month benchmarks. Formaldehyde, Formaldehyde Market, Weekly Decline, Monthly Decline, Three-Month Decline, Six-Month Gain
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