Product
Supplier
Encyclopedia
Inquiry
Home > News > Price Trends > Business Society’s Market Outlook for Formic Acid on August 19, 2026: Volatile

Business Society’s Market Outlook for Formic Acid on August 19, 2026: Volatile

ECHEMI 2026-08-19

August 19 news

Average Difference Change Table

Average Difference Type Today's Value (2026-08-18) Yesterday's Value (2026-08-17) Direction of Change
5-day Average Difference (D5) 0.00 0.00 No change
10-day Average Difference (D10) 20.00 30.00 -
20-day Average Difference (D20) 30.00 22.50 +

Signal Status Judgment

The current three mean difference change directions are not entirely consistent (no change, -, +), falling within the range of fluctuation, and exhibit characteristics of short-term momentum weakening and medium-term momentum strengthening, approaching the stagnation warning (bearish) signal as per the rules.

Trend Direction Conclusion

The price trend is fluctuating, reason: the 5-day average difference remains unchanged, indicating that there is no significant short-term price fluctuation; the 10-day average difference narrows, showing that the medium-term upward momentum has weakened somewhat; the 20-day average difference widens, suggesting that the long-term upward momentum is still accumulating. There is a divergence between the bullish and bearish forces, with no clear trend direction. Meanwhile, on August 18, only LUXI Chemical, a single manufacturer in China, raised its quotation, and the overall industry average price in China did not change, indicating that the market has not reached a consensus on a unified increase or decrease.

Spatial Reference Position

Formic acid prices in China are at a low level for the 1-year cycle, also at a low level for the 3-month cycle, and at a medium-low level for the 60-day cycle. Overall, prices are in a relatively low range with limited room for decline and have some price support.

Trend Chart Display

Risk Warning

The above analysis is for reference only and does not constitute trading advice.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.