The international glyoxylic acid market showed mixed signals in the week ending August 1, 2025, with regional prices trending in various directions, demonstrating subtle dynamics in supply chains, consumer psyche, and downstream demand patterns.
In India, the market for Glyoxylic Acid extended its multi-week downtrend, weighed down by oversupplied conditions and weakening demand. Traders had pre-emptively stocked up on inventories anticipating festive season consumption, but with end-user industries showing signs of a gradual shift away from glyoxylic acid-based applications, pricing momentum failed to materialize. Imports continued without interruption, and tighter financing conditions further constrained buying activity. Although seasonal demand offered some underlying support, it was insufficient to reverse the bearish tone, keeping the market outlook subdued in the near term.
Conversely, the Chinese market was quiet, and Glyoxylic Acid prices stood firm during the review period. Price stagnation resulted from domestic operating rates at key production plants remaining stable. Feedstocks like acetaldehyde and glyoxal were sufficient, and there were no key plant disruptions. Downstream markets like vanillin and glyphosate production continued with normal production rates. However, export demand from the West remained sluggish, fueled by end-market preferences for environmentally friendly products and lingering impacts of anti-dumping duties. This combination of stable domestic fundamentals and weaker offshore pull served to underpin a balanced market position.
European markets also reflected the same steadiness for Glyoxylic Acid with both French and German price benchmarks reflecting no movement. For Germany, Glyoxylic Acid market also remained unchanged, thanks to stable inventory levels, a steady workforce, and the absence of regulatory changes. Although the overall market was neutral, logistical issues due to low water levels on the Rhine River brought in slight delivery delays and freight surcharges. Nevertheless, the interruptions were not enough to change pricing paths owing to good supply-demand balance.
France also reported level pricing for Glyoxylic Acid, with stable upstream inputs and capacity operations maintaining the supply side flat. Demand was still under pressure as safety issues increased, especially in relation to glyoxylic acid's suspected connection to acute kidney injury in cosmetics. This dampened consumer confidence. Conversely, increases in procedure volumes in dermatology and seasonality of salon activity helped induce a reduction of spot availability, producing countervailing forces that served to hold Glyoxylic Acid prices in equilibrium.
According to ChemAnalyst, a potential shift towards northwards direction in global Glyoxylic Acid prices is anticipated in the coming months. This shift can be influenced by ongoing supply chain disturbances and firm demand from downstream industries, particularly cosmetics and personal care, in face of the approaching festive season demand. These factors are expected to exert upward pressure on Glyoxylic Acid prices.
