05.31.16
BASF is raising prices for Formic Acid 85% by 30 EUR/mt (or 35 USD/mt) in Europe and South America with immediate effect or as existing contracts permit. Prices for Formic Acid 94% will be increased accordingly on a pro rata basis. In North America, BASF is raising prices by 0.02 USD per lb (or 44 USD/mt) for Formic Acid 85%. Prices for all other concentrations of Formic Acid will be increased accordingly on a pro rata basis.