In the penultimate week of December 2025, the U.S. Formic Acid FOB Texas market started with a bearish sentiment, falling 1.88% due to continued feedstock availability and increasing inventories at the Gulf Coast, before making a slight rebound of 0.64% in the final week, contrasting the severe bearish trend for 12 weeks. Smooth supply chains (no maintenance, no rail issues, no import interruptions) allowed normal plant rates, resulting in growing merchant volumes against stable domestic offtake. Milder weather curtailed demand for de-icing products, while stable poultry feed and leather-tanning consumption provided support, but no surprises on the upside. There was no freight congestion, no exchange rate volatility, no sudden spikes to offset demand, but rare higher spot availability for sellers, while buyers postponed their purchases. The late-week rise was on the back of a more positive tone amid sustained buying and relatively steady formic acid production, which was close to neutral by the end of the year.
