Per reports released on the 1st, BASF has detailed more increases are on the way for 2017. Effective March 1, 2017, BASF Formic Acid will receive a price increase of $0.03 per pound. This will affect the pricing for Formic Acid 85%, 90%, 95%, and 99% grades.
This increase affects off list pricing for all of North America. GreenChem is advising everyone to attentive and deliberate about their inventory management and purchasing goals over the next few weeks. Be sure to reach out to your dedicated GreenChem representative for further insight on this recent increase and how it might effect you.
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