Formic Acid Price in China Falls 2.4% to USD 298.31/tonne
Formic acid in China slipped to USD 298.31/tonne on 2026-09-30, down 2.4% on the week and 4.5% on the month.
Formic acid in China was quoted at USD 298.31/tonne as of 2026-09-30, a fall of 2.4% from USD 305.63/tonne on 2026-09-23. The monthly change is 4.5%, down from USD 312.51/tonne on 2026-08-31, and the quarter change is 3.6%, down from USD 309.32/tonne on 2026-07-02. Over the year the price has fallen 30.0%, from USD 426.05/tonne on 2025-09-30.
The 52-week high stands at USD 439.34/tonne, recorded on 2026-04-10. The 52-week low is USD 266.53/tonne, recorded on 2026-08-04.
According to Claight market monitoring, manufacturers collectively raised ex-factory quotes to drive an initial market price increase, and downstream stocking demand for the Mid-Autumn Festival and National Day holidays intensified, as of 2026-09-15. Claight market monitoring also shows that concentrated maintenance on certain production units tightened market availability as of 2026-09-02.
Earlier support came from export activity. Claight market monitoring shows that robust export orders absorbed domestic production capacity and pushed up spot quotes as of 2026-08-18. Chemic New Material reported on 2026-08-28 that high-load plant operations reached 88.24%, with specific units in Liaocheng and Hubei at full capacity.