According to the monitoring data of the business agency, on January 1, 2020, the average ex factory sample price of 85% formic acid purified water was 1950 yuan / ton. As of January 20, the average sample price did not increase, except for a small number of dealers.

2、 Market analysis products: this month, the domestic industrial grade formic acid market as a whole shows a stable trend. Although the dealer price has been slightly reduced in the month, the price is still at a high level. At the beginning of January, during the Spring Festival, enterprises have generally entered the Spring Festival holiday, and there is no significant fluctuation in market price adjustment. In the second week of January, the price of enterprises did not rise. Most of the prices of enterprises continued years ago, and the formic acid market was dominated by wait-and-see. Near the end of January, the market tends to be weak and stable. Enterprises in the market have stocks, and the prices of manufacturers and enterprises are generally 1950 yuan / ton.

Industry chain: the price of domestic liquid ammonia for the upstream products of formic acid did not fluctuate greatly in January, and some units were shut down for maintenance near the Spring Festival. The market supply is sufficient, but the price of transportation price will increase a little. Since January, the upstream caustic soda has continued to maintain stable operation as a whole, except for the partial price fluctuation of some manufacturers. The downstream pesticide, printing and dyeing and other industries received goods well, The upstream raw materials support the formic acid market.

3、 According to the formic acid analysts of Houshi prediction business agency, the domestic formic acid market is generally stable at present, but the price has basically no fluctuation since January. The upstream raw materials support is acceptable, the supply of formic acid market is sufficient, the downstream production capacity is acceptable, and the price is enough to support the supply of years ago.