The US oxalic acid market entered May 2026 with a firm undertone, as elevated freight costs, strong upstream costs, and tight import availability continued to influence procurement sentiment. Oxalic acid buyers remained focused on securing stable cargo flows after April鈥檚 bullish momentum tightened replacement economics across the market. Limited spot availability, lean inventories, and sustained import dependence reinforced the stronger tone for oxalic acid heading into May. Demand from electronics cleaning, semiconductor wafer processing, and pharmaceutical intermediates continued to support baseline oxalic acid consumption, while automotive-linked metal finishing demand remained comparatively moderate. Rising natural gas, ammonia, and nitric acid costs also continued supporting higher production economics, while elevated marine freight and inland trucking charges reinforced landed cost pressure. Market participants expect oxalic acid prices to remain firm in the near term as freight volatility, energy costs, and cautious inventory management continue shaping trade activity across the United States market.
The US oxalic acid market maintained a firm undertone entering May **** as April鈥檚 significant gains continued shaping procurement strategies and supplier pricing decisions. Oxalic acid prices averaged USD ***/MT CFR Los Angeles during April, increasing from USD ***/MT in March and registering a *.*** month-on-month rise. The earlier increase in oxalic acid values was largely driven by elevated freight expenses, firm feedstock costs, and constrained spot cargo availability from East Asia.
During April, oxalic acid imports into the United States encountered persistent logistical pressure as container freight rates on the Shanghai鈥揕os Angeles route surged by **.**. Export freight indices also climbed sharply, increasing from USD *,*** to USD *,*** during early March and April. These freight increases significantly inflated landed replacement costs for oxalic acid cargoes entering the US market and reinforced supplier confidence in maintaining elevated CFR Los Angeles offers throughout the...
Leave a Comment
Comments (0)