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The US Oxalic acid prices moved higher through January **** as importing activity and origin cost pressures combined to lift landed offers. Early in the month, Chinese suppliers raised FOB offers to cover higher coal-based power surcharges, setting an elevated starting point for CFR negotiations. Mid-month, U.S. buyers and importers replenished low coastal inventories ahead of the Lunar New Year shipping lull, increasing spot enquiries for oxalic acid. Late-month easing in container rates provided some logistical relief but was insufficient to reverse the overall bullish tone, leaving the market directionally firmer into month-end.
Demand dynamics for Oxalic Acid underpinned the price uptick as the semiconductor and technology users remained a key support as wet-process and high-purity oxalic-acid call-offs continued, while metal-finishing and rare-earth leaching outlets also operated at stable rates. In contrast, pharmaceutical-intermediate demand was seasonally softer and provided limited offset for oxalic acid....
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