For the Quarter Ending March 2026
Fumaric Acid Prices in APAC
- In China, the Fumaric Acid Price Index rose by 3.31% quarter-over-quarter, driven by export demand.
- The average Fumaric Acid price for the quarter was USD 769.00/MT, from FOB Shanghai assessments.
- Fumaric Acid Spot Price jumped mid-March after a sudden downstream offtake surge and sentiment-led buying activity.
- Fumaric Acid Price Forecast indicates near-term firmness as energy and export pressures support seller discipline.
- Fumaric Acid Production Cost Trend highlighted higher maleic anhydride and energy costs, compressing producer margins.
- Fumaric Acid Demand Outlook stays constructive from polyester resin and food sectors, sustaining export nominations.
- Fumaric Acid Price Index volatility rose in March as buyers restocked amid alternative supply options.
- Coastal inventories stayed manageable while Shandong and Jiangsu plants operated near nameplate, containing immediate tightness.
Why did the price of Fumaric Acid change in March 2026 in APAC?
- Stronger downstream offtake from resin and food sectors accelerated shipments, tightening available export cargoes abroad.
- Rising maleic anhydride and energy elevated production costs, thereby prompting producers to raise FOB offers.
- Geopolitical tensions disrupted regional trade routes, increasing freight insurance and logistics uncertainty, supporting seller pricing.
Fumaric Acid Prices in Europe
- In Germany, the Fumaric Acid Price Index rose by 5.79% quarter-over-quarter, driven by freight and insurance increases.
- The average Fumaric Acid price for the quarter was approximately USD 864.33/MT, reflecting steady imports and balanced demand.
- Fumaric Acid Spot Price strengthened sharply in March due to seasonal restocking and elevated imported landed costs.
- Fumaric Acid Price Forecast shows near-term firmness as freight and insurance premiums sustain higher landed cost expectations.
- Fumaric Acid Production Cost Trend reflected higher Maleic Anhydride and energy benchmarks, pressuring converters' margin slightly.
- Fumaric Acid Demand Outlook remains balanced with beverage and UPR sectors providing steady, but cautious, seasonal offtake.
- Fumaric Acid Price Index volatility increased as import scheduling changes and geopolitical freight disruptions tightened immediate availability.
- Exports and distributor inventories tightened, supporting sellers' offers while buyers delayed purchases awaiting clearer shipping dynamics.
Why did the price of Fumaric Acid change in March 2026 in Europe?
- Elevated freight and insurance premiums raised landed costs, increasing import parity and supporting stronger offers.
- Seasonal frontloading by beverage and resin producers tightened spot availability, accelerating upward price momentum notably.
- Stable Maleic Anhydride supply softened conversion pressure, but geopolitical logistics risk amplified cost uncertainty locally.
Fumaric Acid Prices in North America
- In the USA, the Fumaric acid Price Index rose by 3.2% quarter-over-quarter, driven by import constraints and freight cost increases.
- The average Fumaric acid price for the quarter was approximately USD 895.67/MT, reflecting balanced import and domestic supply.
- Fumaric acid Spot Price remained volatile earlier in the quarter before firming on higher import offers and freight disruptions.
- Fumaric acid Price Forecast projects near-term firmness as geopolitical logistics and tariffs sustain elevated landed costs.
- Fumaric acid Production Cost Trend was mixed with higher freight and insurance offsetting modest feedstock stability gains.
- Fumaric acid Demand Outlook stayed steady from the food and resin sectors, supporting continued seller pricing discipline amid balanced stocks.
- Fumaric acid Price Index reflected import-driven volatility, with tariffs and maintenance outages amplifying weekly upward momentum.
- Inventory rebuilds and paced procurement limited extreme swings, but export demand and policy actions tightened near-term availability.
Why did the price of Fumaric acid change in March 2026 in North America?
- Import-dependent supply tightened from tariffs and geopolitical disruptions, raising landed costs and compressing spot volumes.
- Freight rate surges, higher war-risk insurance, and elevated bunker prices increased logistics and production costs.
- Downstream demand rose in the food and resin sectors, prompting sellers to defend firmer offers amid balanced inventories.
For the Quarter Ending December 2025
North America
• In USA, the Fumaric Acid Price Index fell by 7.30% quarter-over-quarter, due to import surpluses.
• The average Fumaric Acid price for the quarter was approximately USD 867.67/MT, import-weighted basis reported.
• Fumaric Acid Spot Price remained subdued as Chinese export offers eased and domestic inventories increased.
• Fumaric Acid Price Forecast projects mild easing into January given balanced imports and tepid procurement.
• Fumaric Acid Production Cost Trend stayed flat as feedstock prices and freight rates held steady.
• Fumaric Acid Demand Outlook remains muted with food and pharma restocking delayed until early Q1.
• Fumaric Acid Price Index showed range-bound December levels as terminals matched five-year inventory averages consistently.
• Export interest was insufficient to absorb stocks, keeping seller offers under pressure and spot liquidity.
Why did the price of Fumaric Acid change in December 2025 in North America?
• Consistent Asian cargo arrivals and steady freight kept landed costs low, limiting upward price pressure.
• Elevated terminal inventories from discounted imports reduced buyer urgency, restricting spot enquiries and new procurement.
• End-use demand softened seasonally with beverage and industrial buyers delaying restocking, dampening December offtake.
APAC
• In China, the Fumaric Acid Price Index fell by 5.34% quarter-over-quarter, pressured by oversupply mildly.
• The average Fumaric Acid price for the quarter was approximately USD 744.33/MT, based on trades.
• Fumaric Acid Spot Price remained subdued in December, with steady logistics and muted export enquiries.
• Fumaric Acid Price Forecast indicates modest softness, with gradual stabilization expected as year-end procurement resumes.
• Fumaric Acid Production Cost Trend remained flat due to stable Maleic Anhydride and coal tariffs.
• Fumaric Acid Demand Outlook is muted as beverage and resin sectors delay purchases amid inventories.
• Fumaric Acid Price Index showed rangebound movement due to elevated inventories and restrained export demand.
• Coastal plants ran near full capacity, prompting stock builds and supplier-led discounts to maintain dispatch.
Why did the price of Fumaric Acid change in December 2025 in APAC?
• Persistent oversupply from high operating rates pressured offers, creating downward momentum through December's closing month.
• Stable Maleic Anhydride feedstock lowered variable costs, reducing producer urgency to defend previous price levels.
• Efficient Shanghai logistics and CNY strength maintained flexibility, while muted overseas demand constrained FOB bids.
Europe
• In Germany, the Fumaric Acid Price Index fell by 8.48% quarter-over-quarter, reflecting subdued import demand.
• The average Fumaric Acid price for the quarter was approximately USD 817.00/MT, reflecting muted import-driven quotations.
• Regional inventories remained comfortable, pressuring the Fumaric Acid Spot Price and limiting sellers' ability to raise offers.
• Port throughput stability and smooth logistics supported supply flows, influencing the Fumaric Acid Production Cost Trend moderately downward.
• Downstream restocking remained cautious; the Fumaric Acid Demand Outlook shows steady consumption yet limited incremental procurement incentives.
• Feedstock dynamics, including maleic anhydride softness, constrained margins and shaped the Fumaric Acid Price Forecast for near term.
• Import-dominated sourcing kept Germany exposed to Asian offers, reflected in the Fumaric Acid Price Index directional weakness.
• Operational stability at exporters and balanced European inventories suggest limited volatility in the Fumaric Acid Spot Price near-term.
Why did the price of Fumaric Acid change in December 2025 in Europe?
• High regional inventories and steady import arrivals reduced urgency, weighing on domestic delivered prices and offers.
• Soft feedstock signals abroad, notably weaker maleic anhydride, lowered CFR parity and eased producer pricing pressure.
• Muted restocking from beverage and resin sectors alongside cautious procurement practices constrained upside demand momentum.
For the Quarter Ending September 2025
North America
• In the USA, the Fumaric Acid Price Index fell by 13.6% quarter-over-quarter in Q3 2025, reflecting weaker demand and ample imports.
• The average Fumaric Acid price for the quarter was approximately USD 936.00/MT amid subdued downstream offtake and ample imports.
• Fumaric Acid Spot Price weakness followed lower freight offers; the Fumaric Acid Price Index signalled bearish pressure.
• Fumaric Acid Price Forecast shows limited near-term upside as inventories remain ample and offtake stays constrained.
• Fumaric Acid Production Cost Trend improved modestly with lower feedstock and freight costs, slightly easing landed margins.
• Fumaric Acid Demand Outlook remains subdued despite seasonal beverage strength, pressured by destocking and cautious distributor purchasing.
• Export demand weakness and rising inventories pressured the Fumaric Acid Price Index, sustaining export-led downward adjustment.
• Major North American plants operated normally while import competitiveness from Asia weighed on Fumaric Acid Price Index.
Why did the price of Fumaric Acid change in September 2025 in North America?
• Elevated import volumes from Asian exporters reduced landed costs, increasing domestic supply and pressuring prices.
• Soft downstream demand and distributor destocking limited buying urgency, exacerbating downward movement in Price Index.
• Lower freight rates and modest feedstock cost declines improved import economics, further supporting downward pressure.
APAC
• In China, the Fumaric Acid Price Index fell by 12.92% quarter-over-quarter, pressured by elevated inventories.
• The average Fumaric Acid price for the quarter was approximately USD 786.33/MT, reflecting sustained oversupply conditions.
• Fumaric Acid Spot Price momentum remained weak amid subdued downstream demand and inventory destocking pressures.
• Market Fumaric Acid Price Forecast shows easing as exporters apply discounts amid Asian FOB offers.
• Fumaric Acid Production Cost Trend softened due to lower maleic anhydride costs, reducing manufacturers' margins.
• Fumaric Acid Demand Outlook remains muted as pharmaceuticals and food sectors delay purchases amid ample stocks.
• Export competitiveness weakened; Fumaric Acid Price Index reacted to RMB strength and payment term extensions.
• Domestic plants operated at full schedules, maintaining supply while distributors destocked, pressuring spot negotiation flexibility.
Why did the price of Fumaric Acid change in September 2025 in APAC?
• High inventory accumulation across suppliers and distributors increased selling pressure, reducing spot bids and contract renewals.
• Declining maleic anhydride feedstock prices lowered production costs, prompting manufacturers to offer competitive FOB discounts.
• Weakened export demand and extended payment terms constrained cash flows, prompting suppliers to clear stock.
Europe
• In Germany, the Fumaric Acid Price Index fell by 10.6% quarter-over-quarter, driven by abundant imports.
• The average Fumaric Acid price for the quarter was approximately USD 892.67/MT, per CFR Hamburg data.
• Fumaric Acid Spot Price softened as discounted Asian offers and ample stocks reduced import values.
• Fumaric Acid Price Forecast suggests the Price Index will remain under pressure absent downstream restocking.
• Fumaric Acid Production Cost Trend eased as falling feedstock and reduced freight lowered landed production economics.
• Fumaric Acid Demand Outlook remained muted as beverage, pharmaceutical and resin buyers deferred bulk procurement.
• Fumaric Acid Price Index decline accelerated as merchants discounted to clear warehouses, constraining supplier pricing power.
• European producers maintained steady output while import flows ensured ample spot availability, limiting bullish signals.
Why did the price of Fumaric Acid change in September 2025 in Europe?
• Sustained discounted Asian export offers reduced import costs, increasing competitive pressure on domestic seller pricing.
• Elevated inventories across domestic channels curtailed procurement urgency, limiting spot buying and suppressing price momentum.
• Falling feedstock and freight rates lowered Production Cost Trend, removing cost-driven support for Fumaric Acid.
For the Quarter Ending June 2025
North America
• Fumaric Acid Price Index in North America (USA) showed a downward trend in July 2025, reversing the firm sentiment observed in June.
• The Spot Price of Fumaric Acid in the USA was recorded at USD 1085/MT on a CFR New York basis in June 2025, supported by restocking activity and solid demand across the food and beverage sectors.
• The Price Forecast for July 2025 turned bearish due to weakening procurement volumes and aggressive import competition, especially from Chinese suppliers offering lower prices despite rising freight.
• The Production Cost Trend remained relatively stable domestically; however, lower-priced imports with competitive landed costs prompted price corrections in the U.S. market.
• The Demand Outlook deteriorated in July 2025, with muted downstream inquiries from chemical, food, and pharmaceutical sectors contributing to soft spot buying.
• In response to inventory pressure, distributors and traders reduced their offers to clear accumulated stock, amplifying the negative price trajectory.
• Why did the price of Fumaric Acid change in July 2025?
• The decline was driven by lower-cost Asian imports, subdued domestic demand, high inventory levels, and limited downstream activity, leading to a bearish price correction from the previous month’s high of USD 1085/MT.
Europe
• Price Index in Germany trended downward in July 2025 as the Fumaric Acid market faced continued oversupply and weak spot demand across major downstream sectors.
• Spot Price in July 2025 was assessed at USD 942/MT CFR Hamburg by the end of the month, falling from USD 948/MT in June, driven by aggressive Chinese export offers and declining feedstock Maleic Anhydride costs.
• Price Forecast for early August 2025 indicates potential stability or slight decline as procurement remains cautious, inventory levels are high, and competitive import pricing persists from Asian suppliers.
• Production Cost Trend softened due to reduced upstream Maleic Anhydride prices and declining global oil-derived input costs, supporting the bearish pricing environment in the region.
• Demand Outlook from the food and beverage sector remained flat while resin and coating applications witnessed slower offtake, contributing to limited buying interest and muted restocking behavior in July.
• Why did the price change in July 2025?
• Prices dropped due to lower Chinese FOB offers, a surplus in domestic and imported stocks, and sustained buyer reluctance in entering long-term commitments, despite marginal freight upticks.
• Inventory levels remained elevated as buyers delayed spot procurement and operated on prior stock, further intensifying the downward pressure on the spot price.
• Supply-demand dynamics were skewed towards excess availability, with importers preferring smaller volume cargoes and traders adjusting contract terms to remain regionally competitive.
• Regional cues suggest the European market, especially Germany, will continue experiencing sluggish trade momentum in early Q3 unless downstream sectors revive consumption patterns or export markets tighten.
• Market players are expected to closely monitor import parity trends, shipping rates from China, and Euro-USD currency movements to recalibrate short-term purchasing strategies and minimize landed cost exposures.
APAC
• Fumaric Acid - FOB Shanghai (China) spot price was assessed at USD 827/MT in July 2025, down from USD 838/MT in June 2025, reflecting a 1.31% monthly decrease driven by oversupply and poor offtake in the domestic and export markets.
• The Price Index for Fumaric Acid in APAC continued to slide in July 2025 due to persistent inventory buildup, particularly in China, where slower offtake in food additives and resins sectors weighed on prices.
• The Spot Price decline was attributed to soft procurement from both local and regional buyers, while subdued inquiries from international markets added further pressure on export competitiveness.
• The Production Cost Trend in July 2025 remained low due to stable-to-declining Maleic Anhydride prices and reduced energy input costs, encouraging Chinese manufacturers to maintain output despite poor margins.
• The Demand Outlook stayed bearish across APAC as buyers in Southeast Asia, India, and South Korea were seen holding back fresh purchases amid expectations of further price corrections.
• Why did the price of Fumaric Acid change in July 2025?
• The price declined due to excessive inventory levels, a weak demand outlook from both domestic and international buyers, falling production costs, and reduced export competitiveness linked to rising freight and global currency movements.
