China Oxalic Acid Market Update: Prices Move Lower as Inventory Pressure Remains High

China's oxalic acid market has remained weak recently, with major producers lowering ex-factory offers again amid slow demand and high inventory pressure. In Shandong, Hualu reduced its oxalic acid offer by RMB 100/mt to around RMB 3,700/mt ex-factory. Using the working exchange-rate basis of USD 1 = RMB 6.8, this is approximately USD 544/mt. The price reduction itself is about USD 15/mt.

Related product: View Oxalic Acid specifications, packing, COA and shipment information for RFQ preparation.

Key Market Signals

The main pressure comes from inventory. Hualu's oxalic acid inventory is reported at more than 40,000 mt, which keeps market sentiment cautious and limits the ability of suppliers to stabilize offers. In Inner Mongolia, Tongliao Jinmei also followed the market down by RMB 100/mt, with its ex-factory reference moving to around RMB 3,300/mt, equivalent to approximately USD 485/mt.

For overseas buyers sourcing Oxalic Acid from China, the current price trend suggests a buyer's market, but quotations still need to be checked by producer, grade, packing, shipment window and destination port.

Buyer Considerations

Weak domestic pricing can create opportunities for distributors, manufacturers and importers comparing oxalic acid supplier China options. However, buyers should not rely only on headline ex-factory prices. Final export quotations may differ depending on export packing, COA requirements, container availability, local inland freight, payment terms and shipping schedule.

Market Outlook

In the short term, the oxalic acid market is expected to remain under pressure unless downstream demand improves or producer inventory begins to decline. With large inventory still held by key factories, overseas buyers may continue to see competitive offers, especially for firm RFQ requests with clear quantity and shipment timing.

RFQ Guidance

For a practical oxalic acid quotation, buyers should provide the required grade, purity, packing, quantity, destination port, shipment window, COA or document requirements, and whether they need FOB, CFR or CIF terms. Clear RFQ details help confirm whether the offer is suitable for industrial use, distribution or repeat container shipment.

FAQ

What is the latest China oxalic acid price reference?

Recent references show Shandong Hualu at around RMB 3,700/mt ex-factory and Inner Mongolia Tongliao Jinmei at around RMB 3,300/mt ex-factory. These prices should be reconfirmed before purchase.

Why are oxalic acid prices moving lower?

The main reason is weak market demand combined with heavy inventory pressure. Hualu's inventory is reported at more than 40,000 mt, which weighs on pricing.

What should overseas buyers confirm before placing an order?

Buyers should confirm grade, purity, packing, COA, quantity, destination port, shipment window and trade terms before comparing supplier offers.