Chart Description. This chart presents Formalin prices in several countries, as follows:
Chart Instructions. Hover the mouse over the series to view the respective Formalin prices plotted. You can filter a given Formalin price series by clicking on the respective legend label, right above the chart.
About Formalin. Formaldehyde (a.k.a. Methanal) is an organic compound, the simplest aldehyde in existence. Formalin is a colorless gas, with strong pungent odor. It was first discovered in 1859, however, it began being industrially produced in the beginning of the twentieth century. For its relatively low cost, wide use in chemical reactions, as well as elevated purity, formaldehyde has become one of the world’s most important research and industrial chemicals.
Chemical Formula. CH2O
Commercial Grades. 37-50 wt% Aqueous solution (methanol free or up to 16 wt% methanol (inhibitor))
Uses. Formaldehyde is mainly used as intermediate of a great variety of chemical reactions; reducing agent; preservative in pharmaceuticals; disinfectant/biocide; pharmaceuticals production; corrosion inhibitor; foam insulation; embalming fluids; slow release fertilizers; chelating agent.
- Methanol (oxidation reaction, using a silver catalyst)
- Methanol (oxidation reaction, using a metal oxide catalyst)
To know more about Formalin production processes, click here.
Derivatives. Formaldehyde is used as raw material in the production of the following derivates: acetal resins; acrylic resins; amino resins; t-butanol; butanediol; cyclohexanone resin; glycine; glyphosate; hexamethylenetetramine; imidazole; isoprene; melamine-formaldehyde resins; methacrolein; neopentyl glycol; novolac resins; paraformaldehyde; phenolic resins; polyols; pyridine; sodium formate; tetraoxane; trioxane; urea-formaldehyde resins.
Methodology. The chemicals pricing data presented are, if not otherwise indicated, volume-weighted average transaction prices including contract and spot transactions in the locations specified. The information provided is obtained from gathering and refining of trade data officially reported for the respective countries (i.e., governmental agencies, institutions related to foreign trade and industry publications). For further details check our Chemicals Pricing Data Methodology.
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