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Home > News > Price Trends > Business Society September 24, 2026 Formic Acid Trend Analysis: Clear Downtrend

Business Society September 24, 2026 Formic Acid Trend Analysis: Clear Downtrend

ECHEMI 2026-09-24

September 24th report:

1. Mean Deviation Change Table

Type of Average Difference Today’s Value (2026.09.23) Yesterday’s Value (2026.09.22) Direction of Change
5-Day Average Difference -280.00 -120.00 -
10-Day Average Difference -55.00 0.00 -
20-Day Average Difference 32.50 60.00 -

2. Signal Status Judgment

Clearly identify a downtrend signal

3. Trend Direction Conclusion

The current price trend of formic acid is clearly declining. The reason is that the changes in the 5-day, 10-day, and 20-day moving averages compared to the previous day are all negative, which meets the criteria for a clear downward signal.

4. Positional Spatial Reference

Formic acid 1-year cycle price is at the 1st level (low position), with limited room for decline; 60-day and 3-month cycle prices are at the 2nd level (medium-low position), with some potential for a short-term rebound.

5. 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.
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