May 19 News – On May 19, Luxi Chemical's ex-factory price for 85% formic acid was reported at 2,800 yuan per ton, up by 200 yuan per ton from the previous day. According to Chempricehub's analysis of formic acid, the bullish-bearish score stands at 1. The ex-factory price for Luxi Chemical's 85% formic acid was quoted at 2,800 yuan per ton on May 19, an increase of 200 yuan per ton compared to the previous day. The company's strong price-supporting intention provides a positive boost to the spot price of formic acid, benefiting market trading sentiment.