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Oxalic Acid Pricing, Demand and Supply Overview
Q2 2026 brought a third straight quarterly gain for Oxalic Acid, with Germany, the costliest of the tracked markets, up 3.1% to USD 704/MT on tight Hamburg inventories and firm export enquiries. Globally, the average advanced from USD 553/MT in Q1 to USD 573/MT in Q2, a 3.6% gain following a sharper 7.8% jump in Q1. For H2 2026, a global average of USD 563-634/MT is expected, with continued support from metal cleaning demand and firm nitric acid feedstock costs.
Oxalic Acid (H2C2O4) is produced either through nitric acid oxidation of carbohydrate feedstocks such as glucose and starch, or through the sodium formate route common at Chinese producers, where sodium formate is converted at high temperature and acidified into crystalline oxalic acid. Star Oxochem is among the larger Indian producers, while Shandong-based plants account for a sizable share of Chinese capacity. Commercial grades include technical grade for industrial cleaning, pharma grade, and high-purity grade for rare earth processing. The largest pull comes from metal and rust cleaning, where the acid removes tarnish and stains from metal surfaces. Textile bleaching, rare earth processing, wood bleaching, and pharmaceutical intermediate synthesis, etc., add further demand. Nitric acid and sodium formate input costs, Chinese winter production curbs, and rare earth sector activity all feed into the price.
Oxalic Acid Price Forecast for 2026
Oxalic Acid's market balance points firm through H2 2026. Winter environmental inspections curtailed northern Chinese output earlier in the year, tightening export availability, and nitric acid feedstock costs have stayed near multi-quarter highs across producing regions ever since.
The main upside risk is that renewed Chinese production curbs, or a nitric acid cost spike, would push economics above the forecast range. The main downside risk is that a rapid resumption of full Chinese operating rates would ease buying below the forecast.
| Region | 2026 Price Range (USD/MT) | Outlook |
| Global Average | 563 - 634 | Metal cleaning demand and nitric acid cost support |
| United States | 603 - 684 | Freight costs and import reliance maintain firm buying |
| China | 443 - 503 | Large capacity keeps China most affordable |
| Germany | 704 - 785 | Energy costs and import reliance maintain premium |
| India | 543 - 614 | Metal cleaning and textile demand supports firm middle |
For the Quarter Ending June 2026
Oxalic Acid Prices Q2 2026:
- United States: USD 619/MT
- China: USD 458/MT
- Germany: USD 704/MT
- India: USD 553/MT
Oxalic Acid Prices in the United States
US Oxalic Acid moved up 3.5% to USD 619/MT. Freight cost pressure stuck around.
Why did the price of Oxalic Acid change in Q2 2026 in the United States?
Metal cleaning demand kept buyers in the market regardless, and import reliance held the price firm near USD 619/MT.
Oxalic Acid Prices in China
China's Oxalic Acid market gained another 4.4%, reaching USD 458/MT. Sodium formate feedstock costs stayed firm, rare earth sector demand held its own, and neither showed any sign of easing as the quarter wore on. Producers here had little reason to lower offers.
Why did the price of Oxalic Acid change in Q2 2026 in China?
Sodium formate feedstock costs stayed firm through the quarter. Rare earth processing and textile bleaching demand held steady. China's production scale still kept it the least expensive market tracked, near USD 458/MT.
Oxalic Acid Prices in Germany
Germany again led the pack on price, with Oxalic Acid at USD 704/MT, up 3.1%. Tight Hamburg inventories and firm export enquiries kept the production floor from easing.
Why did the price of Oxalic Acid change in Q2 2026 in Germany?
Lean Hamburg inventories kept the cost floor firm, and metal cleaning and textile demand held consistent. Germany stayed comfortably the costliest market tracked in this report.
Oxalic Acid Prices in India
Indian Oxalic Acid reached USD 553/MT, a 3.8% rise. Firm domestic production costs did the heavy lifting.
Why did the price of Oxalic Acid change in Q2 2026 in India?
Metal cleaning and textile sector demand held steady, and India's rebound has now held for two quarters running.
For the Quarter Ending March 2026
Oxalic Acid Prices Q1 2026:
- United States: USD 597/MT
- China: USD 438.2/MT
- Germany: USD 683/MT
- India: USD 533/MT
Oxalic Acid Prices in the United States
US Oxalic Acid jumped 8.0% in Q1 2026, to USD 597/MT from USD 553/MT in Q4 2025. Freight rates surged as war-risk insurance and rerouted vessels raised landed costs on imported cargoes.
Replenishment ahead of anticipated shipping disruptions tightened coastal stocks, while downstream metal cleaning and textile buyers maintained regular call-offs.
Why did the price of Oxalic Acid change in Q1 2026 in the United States?
Freight and insurance costs surged, and replenishment ahead of further disruption tightened stocks, pushing the market up near USD 597/MT.
Oxalic Acid Prices in China
Winter environmental inspections cut northern Chinese output by roughly a fifth in Q1 2026, tightening export availability. Oxalic Acid rose 8.8% to USD 438.2/MT from USD 402.6/MT in Q4 2025 as a result.
Nitric acid feedstock firming and higher freight insurance costs increased production cash costs, supporting higher FOB offers.
Why did the price of Oxalic Acid change in Q1 2026 in China?
Winter curbs tightened supply, and nitric acid feedstock firming raised cash costs, supporting the gain near USD 438.2/MT.
Oxalic Acid Prices in Germany
Germany's Oxalic Acid price rose 7.2% in Q1 2026, to USD 683/MT from USD 637.4/MT in Q4 2025, the highest among the tracked markets, as firmer export enquiries reflected tightening Hamburg inventories through the quarter. The tightening showed up just as Chinese winter production curbs were cutting into global export availability, so German producers ended up fielding stronger enquiry volumes at exactly the moment their own stocks were thinnest.
Lean stocks at the port strengthened sellers' pricing power, while conversion costs from nitric acid and energy inputs added further upward pressure. European producers held steady output despite the tighter market, protecting margins on existing volumes as input costs climbed.
Why did the price of Oxalic Acid change in Q1 2026 in Germany?
Lean Hamburg inventories tightened supply and strengthened seller pricing power, firmer nitric acid and energy conversion costs added further pressure, and firm export enquiries supported the gain near USD 683/MT.
Oxalic Acid Prices in India
Indian Oxalic Acid rose 8.2% in Q1 2026, to USD 533/MT from USD 493/MT in Q4 2025.
Firmer domestic production costs and growing metal cleaning demand supported the recovery.
Why did the price of Oxalic Acid change in Q1 2026 in India?
Reduced Chinese export availability during the winter curbs added incremental support near USD 533/MT.
Quarterly Oxalic Acid Price Trends
Line up the six quarters and Oxalic Acid barely moved for three of them, then took off. The average held near USD 503/MT in Q2 2025 and USD 493/MT in Q3, edged up to USD 513/MT in Q4, and then accelerated, USD 553/MT in Q1 2026 and USD 573/MT by Q2 2026. That's a 14.0% net gain from the Q2 2025 level, almost all of it concentrated in the last two quarters as Chinese winter production curbs and nitric acid feedstock costs took hold.
| Quarter | Price (USD/MT) | QoQ Change | Direction |
| Q2 2026 | 573 | +3.6% | ↑ Rising |
| Q1 2026 | 553 | +7.8% | ↑ Rising |
| Q4 2025 | 513 | +4.1% | ↑ Rising |
| Q3 2025 | 493 | -2.0% | ↓ Falling |
| Q2 2025 | 503 | -3.8% | ↓ Falling |
| Q3 2026 | In Progress | - | - In Progress |
What was Oxalic Acid Price in 2025?
For three quarters, Oxalic Acid was about as uneventful as a commodity market gets, before Chinese supply tightened things up at year end. The global average opened near USD 523/MT in Q1 2025 and closed near USD 513/MT by Q4, a modest 1.9% decline across the full year. Ample supply and steady demand kept the market range-bound through mid-year, and it took winter production curbs in China plus firming nitric acid costs to produce the Q4 uptick. Chinese prices held nearly flat across the year, US prices eased notably on ample import availability, and German and Indian prices posted more modest declines than the US.
Oxalic Acid Prices in the United States in 2025
No market fell further in 2025 than the US, down 14.1% from USD 644/MT in Q1 to USD 553/MT by Q4. Ample import availability from Asian suppliers and steady domestic metal cleaning demand pressured the market through the year. Import competition was the clearest driver of that decline.
Oxalic Acid Prices in China in 2025
Chinese prices held nearly flat across 2025, opening near USD 402/MT in Q1 and closing at about the same level by Q4. Large domestic production capacity kept the market well supplied through most of the year, with only a modest Q4 uptick as winter environmental inspections began curbing northern output. Ample capacity kept things roughly flat across the full year.
Oxalic Acid Prices in Germany in 2025
Germany gave back 4.0% across 2025, prices slipping from USD 664/MT in Q1 to USD 637.4/MT by Q4. Steady import competition and cautious European textile and metal cleaning demand pressured the market through most of the year, though tightening Hamburg inventories offered late-year support. Import competition again did most of the work in pulling the year lower.
Oxalic Acid Prices in India in 2025
India held up better than most, easing just 2.0% from USD 503/MT in Q1 2025 to USD 493/MT by Q4. Steady metal cleaning and textile bleaching demand kept the market relatively resilient through the year, with only a mild softening as import availability stayed comfortable. Comfortable import supply kept a lid on prices, leaving the year modestly lower.
How We Can Help
Expert Market Research: Your Source for Real-Time Oxalic Acid Price Intelligence
Every major producing and consuming region for Oxalic Acid gets continuous price tracking from Expert Market Research, and the analysis goes deep on nitric acid and sodium formate feedstock economics, metal cleaning and rare earth sector demand cycles, and capacity shifts region by region. Export quota changes, energy tariffs, port disruptions, and downstream demand shifts are all part of how each market gets read. Forecasts combine feedstock economics, trade flow data, capacity utilisation, and geopolitical risk assessment for every region in this report. Expert Market Research is the contact point for Oxalic Acid pricing data, bespoke market analysis, and strategic procurement advisory.
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Key Questions Answered in the Report
Metal and rust cleaning is the biggest end-use globally, where the acid removes tarnish and stains from metal surfaces. Textile bleaching, rare earth processing, wood bleaching, and pharmaceutical intermediate synthesis also consume sizable volumes.
The Q2 2026 average was USD 619/MT in the United States, USD 458/MT in China, USD 704/MT in Germany, and USD 553/MT in India. Germany carries the highest cost due to energy and import reliance premiums.
The global average eased from USD 523/MT in Q1 2025 to USD 513/MT by Q4, a decline of about 1.9%. Prices held range-bound through most of the year before a Q4 uptick on tightening Chinese supply.
Winter environmental inspections curtailed northern Chinese output, tightening export availability. Freight and insurance costs surged on shipping disruptions. Firmer nitric acid and sodium formate feedstock costs raised production floors across regions.
For H2 2026, look for the global average to hold in the USD 563 to 634/MT band, supported by metal cleaning demand continuity and firm nitric acid costs across producing markets.
Germany's energy and import costs put it at the top of the range, with the United States and India in a firmer middle band shaped by import and domestic production economics. China stays the most affordable on the strength of its production capacity.
This report is updated monthly. For real-time pricing intelligence, contact the Expert Market Research team directly.
Prices respond mainly to nitric acid and sodium formate input costs, Chinese environmental production curbs, metal cleaning and rare earth sector demand cycles, and freight rate movements along major shipping routes.
China's production capacity dwarfs the other tracked markets, with European and Indian producers following behind. Any nitric acid cost shift or Chinese production curb ripples across all regional Oxalic Acid markets.
These quarterly trends and forecasts help procurement teams time metal cleaning and textile sector contracts around Chinese production and seasonal cycles, while monitoring nitric acid cost as a primary production floor signal and building forward coverage ahead of anticipated freight or feedstock disruptions.
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