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Benzoic Acid Price Trend and Forecast

UNSPC code: 12352105
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

benzoic acid Price Trends by Country

cnChina
vnVietnam
phPhilippines
inIndia
brBrazil
idIndonesia
mxMexico
trTurkey

benzoic acid Pricing Trends in India: 

  • Northern India benzoic acid market price trend
  • Southern India benzoic acid market price trend
  • Central India benzoic acid market price trend

Global benzoic acid Spot Market Prices, Trend Analysis and Forecast

Benzoic Acid Price Trend Q3 2025

In Q3 2025, the global benzoic acid market experienced a slight decline, with prices decreasing by 2-3% compared to the previous quarter. This trend was largely influenced by lower demand from key downstream industries, including the food and beverage, pharmaceuticals, and plastics sectors, which saw subdued activity during the quarter. Despite stable feedstock costs and minimal fluctuations in energy prices, the market faced challenges from oversupply conditions, particularly from key producers in Asia.

Additionally, the slowdown in industrial production and weaker consumption in end-use applications like plasticizers, preservatives, and flavors contributed to the price decline. As a result, the benzoic acid market entered a phase of adjustment, with reduced purchasing activity and inventory destocking impacting overall price levels. Moving into Q4, a cautious recovery is expected, contingent on improved demand from the automotive and packaging industries, along with potential adjustments in production schedules.

China

In Q3 2025, Benzoic Acid prices in China decreased by 6.13% compared to Q2 2025. Benzoic Acid price trend in China was mainly driven by reduced demand from key downstream sectors like automotive and coatings, which faced production slowdowns. Despite stable production levels, oversupply conditions in the domestic market, coupled with higher freight costs, placed further downward pressure on prices.

Benzoic Acid prices in September 2025 in China continued to decline, reflecting weaker demand and global market softness. Moving forward, the market is expected to remain volatile, with prices dependent on the recovery of downstream industries and global supply chain adjustments.

Brazil (CIF from China)

In Q3 2025, Benzoic Acid prices in Brazil increased by 8.15% compared to Q2 2025. Benzoic Acid price trend in Brazil was supported by steady demand from the pharmaceutical and plastic sectors, which maintained production despite macroeconomic challenges. The increase in prices was also influenced by rising freight costs from China and higher feedstock prices.

Benzoic Acid prices in September 2025 in Brazil remained elevated, reflecting a stable domestic market and robust downstream consumption. The outlook for Q4 2025 suggests that prices will remain strong if demand stays consistent and supply chains remain tight.

Vietnam (CIF from China)

In Q3 2025, Benzoic Acid prices in Vietnam decreased by 5.71% compared to Q2 2025. Benzoic Acid price trend in Vietnam was primarily impacted by weaker demand from key sectors, including automotive and coatings, which saw production slowdowns. Oversupply conditions in the market, combined with rising freight costs from China, placed downward pressure on prices.

Benzoic Acid prices in September 2025 in Vietnam continued a downward trajectory, reflecting weaker domestic consumption. The outlook for Q4 2025 remains cautious, with prices expected to remain under pressure unless demand improves in key industries.

Indonesia (CIF from China)

In Q3 2025, Benzoic Acid prices in Indonesia decreased by 7.17% compared to Q2 2025. Benzoic Acid price trend in Indonesia was influenced by reduced demand from the chemical and pharmaceutical industries, which faced production slowdowns. The global oversupply of Benzoic Acid, combined with rising freight costs and weak domestic consumption, further pressured prices.

Benzoic Acid prices in September 2025 in Indonesia remained on a downward trend, influenced by these market conditions. Moving forward, prices are expected to remain volatile, with recovery dependent on downstream demand and supply chain improvements.

Mexico (CIF from China)

In Q3 2025, Benzoic Acid prices in Mexico decreased by 5.88% compared to Q2 2025. Benzoic Acid price trend in Mexico was primarily driven by a decline in demand from the automotive and coatings sectors, which faced production slowdowns. The oversupply conditions, combined with rising freight costs from China, further contributed to the price decrease.

Benzoic Acid prices in September 2025 in Mexico continued to decline, reflecting ongoing market weakness. The outlook for the next quarter suggests that prices will remain under pressure unless there is a recovery in demand from key downstream industries.

Philippines (CIF from China)

In Q3 2025, Benzoic Acid prices in the Philippines decreased by 9.40% compared to Q2 2025. Benzoic Acid price trend in the Philippines was heavily influenced by reduced demand from key sectors, particularly coatings and plastics, which experienced slowdowns in production. Freight costs and supply chain disruptions added additional downward pressure on prices.

Benzoic Acid prices in September 2025 in the Philippines remained lower, reflecting weak domestic consumption and an oversupplied market. The market outlook remains uncertain, with further price decreases expected unless demand from key industries improves in the coming quarter.

Turkey (CIF from China)

In Q3 2025, Benzoic Acid prices in Turkey decreased by 5.72% compared to Q2 2025. Benzoic Acid price trend in Turkey was driven by lower demand from key sectors, including automotive and packaging, which faced production slowdowns. Despite stable domestic supply, rising freight costs from China and weak consumption further pressured prices.

Benzoic Acid prices in September 2025 in Turkey continued a downward trajectory, influenced by ongoing supply-demand imbalances. The outlook for Q4 2025 remains cautious, with prices likely to remain subdued unless there is a rebound in demand from key industrial sectors.

Ex-Kandla

According to the PriceWatch, In Q3 2025, Benzoic Acid prices at Ex-Kandla increased by 0.77% compared to Q2 2025. Benzoic Acid price trend in India was supported by stable demand from the pharmaceutical and chemical sectors, which continued to perform well despite global market challenges. The increase in prices was also influenced by higher feedstock costs, especially for benzene, and rising transportation costs.

Benzoic Acid prices in September 2025 in Ex-Kandla remained on an upward trajectory, reflecting strong domestic consumption and tightening supply. Moving forward, prices are expected to remain steady if demand stays stable and supply chain conditions improve.

Benzoic Acid Price Trend Analysis: Q2 2025

According to the PriceWatch, the FOB price of Benzoic Acid in China dropped to 753 USD per MT, marking a 4.91% decline from Q1 2025. This downtrend in the price trend was largely attributed to weak seasonal demand from downstream preservatives and plasticizer industries. Feedstock toluene prices in Asia remained subdued, offering minimal cost support. Supply overhang from earlier quarters exerted further downward pressure on prices.

Vietnam and the Philippines witnessed CIF prices adjusting lower, reflecting China’s export trend. Turkey and Brazil showed limited procurement activity due to economic volatility and local inventory sufficiency. Mexico recorded slight stockpile build-up, reducing the need for imports.

Compared to Q1, the global price trend weakened further as importers reduced contract volumes. The overall sentiment in Q2 remained bearish due to persistent oversupply and lackluster buying from key industries like food preservation and alkyd resins. 

Benzoic Acid Price Trend Analysis: Q1 2025

According to the PriceWatch, the FOB price of Benzoic Acid in China settled at 792 USD per MT, decreasing 3.52% from Q4 2024. The downward price trend continued amid muted post-holiday restocking demand. Feedstock toluene prices in China remained stable, providing no major cost cushion.

Brazil and Mexico recorded lower CIF prices, in line with declining export prices. Vietnam witnessed marginal demand recovery but not enough to reverse the soft trend. Turkey remained cautious with imports due to weak downstream coatings consumption. The Philippines observed limited import bookings amid domestic stock availability.

Compared to Q4, price correction slowed but continued under pressure from global oversupply. Downstream sectors such as food preservatives and alkyd resin paints contributed little to demand growth during the quarter. Mild demand, ample stock, and low cost support kept prices on a sliding path through Q1. 

Benzoic Acid Price Trend Analysis: Q4 2024

According to the PriceWatch, China’s FOB Benzoic Acid price dropped sharply to 820 USD per MT, down 16.41% from Q3 2024. This quarter recorded the steepest fall in the price trend, driven by excess production and limited overseas inquiries. Toluene feedstock remained inexpensive, reducing overall production costs.

Demand from downstream sectors in China and globally remained lackluster due to year-end inventory destocking. Importing nations like Brazil and Mexico registered steep CIF corrections as domestic industries postponed fresh purchases. Vietnam and Turkey showed minimal Q-o-Q recovery in demand, but CIF prices aligned with China’s aggressive offers.

The Philippines faced port congestion, further delaying shipments. Compared to Q3, the quarter was demand-weak and supply-heavy, prompting sharp discounts by Chinese exporters. Lower freight rates also contributed to soft CIF pricing across all importing nations. 

Benzoic Acid Price Trend Analysis: Q3 2024

According to the PriceWatch, China’s FOB Benzoic Acid price rose modestly to 981 USD per MT, a 1.17% increase from Q2 2024. The price trend showed slight improvement driven by steady toluene costs and short-term demand spikes. Seasonal uplift from downstream alkyd resin and food sectors in Vietnam and Mexico supported some export orders.

Turkey’s demand remained flat, but CIF prices held firm due to low inventory. Brazil and the Philippines recorded moderate restocking as global trade routes stabilized. Compared to Q2, the quarter marked stability after prior volatility. However, high inventories and cautious buyers limited the scope of recovery.

Chinese suppliers benefited from minor regional tightening, but export margins remained compressed. CIF price changes across countries were minor, reflecting subdued purchasing appetite despite the mild recovery in global manufacturing sentiment. 

Benzoic Acid Price Trend Analysis: Q2 2024

According to the PriceWatch, China’s FOB price for Benzoic Acid climbed to 970 USD per MT, a 7.60% increase from Q1 2024. The quarter saw a positive price trend due to revived export activity and moderate feedstock cost recovery. Toluene values increased slightly, influencing marginal cost support.

Vietnam and Turkey recorded higher CIF prices driven by improved downstream coating and preservative consumption. Brazil’s imports surged due to reduced local production. Mexico maintained steady demand while the Philippines resumed shipments after Q1 disruptions. Compared to Q1, the quarter reflected better market sentiment and mild rebound in global consumption.

Export inquiries from Southeast Asia helped sustain the upward price trend. Chinese suppliers benefited from balanced supply and export opportunities, though gains remained limited by global economic caution. 

Benzoic Acid Price Trend Analysis: Q1 2024

According to the PriceWatch, In Q1 2024, China’s Benzoic Acid prices dropped by 7.39%, reaching 902 USD per MT. This decline was driven by reduced demand from Vietnam, Mexico, and Brazil, where slower industrial production led to weaker consumption in the coatings and plastics sectors.

Feedstock prices for toluene and xylene remained stable but were not enough to counteract the drop in demand. The overall China market faced pressure from lower CIF imports from key countries like Vietnam and Turkey, who reduced their purchase volumes. According to the PriceWatch price index, China’s prices experienced a significant decline, reflecting the weaker regional demand.

The PriceWatch price chart highlights this downward trend, with China’s market showing a sharp fall compared to Q4 2023. The broader market sentiment remained weak, with global demand showing little improvement.  

India benzoic acid Spot Market Prices, Trend Analysis and Forecast

Benzoic Acid Price Trend Analysis: Q1 2025

According to the PriceWatch, China’s FOB price slipped to 792 USD per MT, registering a 3.52% fall from Q4 2024. India’s CIF price mirrored this trend, falling to 871 USD per MT, down 3.22% quarter on quarter. Ex-Kandla prices dropped to 1004 USD per MT, down 7.15% due to subdued trading and reduced industrial orders.

Weak post-winter demand from preservatives and adhesive industries contributed to soft offtake. Indian importers received lower quotations from China due to abundant regional supply. Feedstock toluene remained stable but failed to support pricing. The domestic price trend weakened more sharply than import due to intensified local competition.

Compared to Q4 2024, both CIF and Ex-Kandla saw a consistent drop amid limited end-use industry momentum. Traders avoided bulk procurement due to pricing volatility, pressuring the price trend further in India.

Benzoic Acid Price Trend Analysis: Q2 2025

According to the PriceWatch, the FOB price in China declined to 753 USD per MT, down 4.91% from Q1 2025. This extended the ongoing downtrend in the price trend as global demand remained soft. India’s CIF price also fell to 811 USD per MT, a 6.89% decrease due to muted restocking. Ex-Kandla price dropped significantly to 859 USD per MT, marking a sharp 14.46% fall. Weak buying interest from food preservatives and alkyd resin sectors in India limited imports.

Toluene feedstock costs in Asia remained under pressure, offering no support to producers. Indian importers exercised caution amid high inventory levels and sluggish seasonal offtake. Compared to Q1, both import and domestic markets in India witnessed steeper declines due to a combination of cheaper Chinese cargoes and weak downstream demand. The price trend continued downward across global and Indian markets under oversupply conditions. 

Benzoic Acid Price Trend Analysis: Q1 2024

According to the PriceWatch, China’s FOB price declined to 902 USD per MT, dropping 7.39% from Q4 2023. India’s CIF price followed, falling to 957 USD per MT, down 3.82% on weak demand. Ex-Kandla prices slightly dipped to 1176 USD per MT, slipping 0.57% due to tepid restocking. Seasonal slowdown post-winter and low toluene prices limited upward pressure. Indian importers avoided long-term contracts, opting for smaller parcels.

Downstream demand from food and chemical sectors remained low due to subdued manufacturing. Compared to Q4 2023, imports fell more than domestic prices, leading to wider spread. The price trend moved downward overall, reflecting global and domestic supply comfort. Limited cost push and oversupply continued to keep pressure on prices throughout the quarter. 

Benzoic Acid Price Trend Analysis: Q2 2024

According to the PriceWatch, China’s FOB price increased to 970 USD per MT, a 7.60% jump from Q1 2024. India’s CIF price rose sharply to 1032 USD per MT, gaining 7.87% due to stronger industrial consumption. Ex-Kandla prices edged up to 1188 USD per MT, increasing 1.00% supported by consistent offtake. The price trend turned upward with seasonal recovery in demand from preservatives and paints. Feedstock toluene firmed slightly in China, supporting upstream cost structure.

Indian traders ramped up imports to replenish low inventories from the previous quarter. Compared to Q1, Indian market activity showed positive signs driven by industrial restarts and favorable weather. Domestic prices lagged behind imports due to high competition and cost absorption. The quarter reflected demand-driven recovery, keeping the price trend firm across both imported and local markets. 

Benzoic Acid Price Trend Analysis: Q3 2024

According to the PriceWatch, China’s FOB Benzoic Acid price inched up to 981 USD per MT, showing a marginal 1.17% increase from Q2 2024. India’s CIF price also rose to 1059 USD per MT, a 2.61% gain supported by moderate demand recovery. Ex-Kandla price remained flat at 1189 USD per MT, rising just 0.11% as buyers were cautious. Upstream toluene costs stabilized, offering modest support.

Indian coatings and preservative segments showed slight restocking demand during this quarter. Chinese suppliers limited shipments due to regional maintenance, tightening availability. Compared to Q2, importers in India accepted small price hikes due to consistent consumption.

Domestic manufacturers held offers steady to compete with imports. The price trend remained relatively stable, with limited upside due to conservative buyer sentiment and stable raw material costs. 

Benzoic Acid Price Trend Analysis: Q4 2024

According to the PriceWatch, China’s FOB price fell sharply to 820 USD per MT, a 16.41% decline from Q3 2024. India’s CIF price followed, dropping to 900 USD per MT, down 14.98% on weaker demand and higher inventories. Ex-Kandla prices declined to 1081 USD per MT, a 9.08% reduction driven by destocking ahead of the year end. Indian downstream demand from coatings and food sectors stayed weak due to slower festive season recovery.

Feedstock toluene stayed low in Asia, reducing production costs. Lower international shipping costs encouraged discounted offers from Chinese exporters. Compared to Q3, Indian importers delayed orders, anticipating further corrections.

The price trend remained downward across all benchmarks due to soft fundamentals and macroeconomic uncertainty. Indian domestic sellers adjusted rates downward to compete with falling import values. 

Global benzoic acid Supply Chain

Upstream
Downstream
  • Food Preservatives
  • Pharmaceutical
  • Cosmetics
  • Plasticizers
Major supplying countries
  • China 
Major importing countries
  • Vietnam
  • Brazil
  • Turkey
  • India
  • Indonesia
  • Mexico
  • Philippines
  • India

India benzoic acid Supply Chain

Upstream
  • Toluene
  • Benzyl Benzoate
Downstream
  • Food Preservatives
  • Pharmaceutical
  • Cosmetics
  • Plasticizers
Major supplying countries
  • China 
Major importing countries
  • Vietnam
  • Brazil
  • Turkey
  • India
  • Indonesia
  • Mexico
  • Philippines
  • India

Technical Specifications of Benzoic Acid Price Trends

Molecular Weight[g/mol]

122.12

CAS No

65-85-0

HS Code

29163110

Molecular Formula

C6H5COOH
benzoic acid

Benzoic acid, a white crystalline compound with a faint aromatic odour, serves as a key feedstock for various industries. Derived from toluene oxidation, it is widely used in food preservatives, pharmaceuticals, and plasticizers. Its antifungal and antibacterial properties make it essential for food preservation and cosmetic formulations, ensuring product longevity and safety.

Packaging Type

25 kg Bag

Benzoic Acid Grades Covered

Industrial 

Incoterms Used

FOB Shanghai, CIF Santos (China), CIF Nhava Sheva (China), CIF Jakarta (China), CIF Haiphong (China), CIF Manzanillo (China), CIF Manila (China), CIF Mersin (China)

Synonym

Carboxybenzene, Benzenecarboxylic Acid, Phenylformic Acid

PriceWatch Quotation Terms:

10-15 MT (India), 25-28 MT (Global)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Appearance  White crystalline solid  
Boiling Point (760 mm Hg)  249.2 °C 
Flake Thickness (mm)  1.2 
Odour  Faint, slightly aromatic 
Specific Gravity (25 °C)  1.2659 
Melting Range  121-123 °C 

Benzoic Acid Industrial Applications

Benzoic Acid is used mainly as a feedstock/intermediate to make other chemicals including: 

Sodium Benzoate and Potassium Benzoate: Widely used as food preservatives. 

Benzyl Benzoate: Used in plasticizers, fragrances, and as a solvent. 

Benzoyl Chloride: Intermediate to produce dyes, perfumes, and pharmaceuticals. 

Alkyd Resins: Key component in manufacturing paints, coatings, and varnishes. 

Caprolactam: Used in the production of nylon and synthetic fibers. 

 

Historically, several events have caused significant fluctuations in Benzoic Acid prices

  • Russia-Ukraine Conflict (2022-Present):  

Rising Energy Costs: Disruptions in natural gas and crude oil supplies from Russia led to higher energy prices, increasing production costs for benzoic acid. 

Feedstock Price Increases: Prices of key raw materials like toluene, derived from crude oil, surged due to geopolitical tensions, affecting benzoic acid production costs. 

Supply Chain Disruptions: Trade routes and logistics in Eastern Europe were severely impacted, causing delays and limited availability of benzoic acid and its feedstocks. 

Sanctions on Russia: Economic sanctions reduced the supply of key petrochemicals, creating a supply shortage in global markets. 

  • COVID-19 Pandemic (2020):  

Surge in Demand for Preservatives: Increased demand for processed and packaged foods during lockdowns drove higher consumption of benzoic acid, a key food preservative. 

Supply Chain Disruptions: Global lockdowns and restrictions disrupted transportation, manufacturing, and logistics, causing supply shortages for benzoic acid and its raw materials. 

Fluctuations in Feedstock Prices: Prices of toluene, a key feedstock for benzoic acid, were affected by volatility in crude oil prices, which initially plummeted and later stabilized. 

Reduced Industrial Activity: Shutdowns in various industrial sectors, such as coatings and plasticizers, reduced demand for benzoic acid, creating an imbalance in certain regions. 

Market Speculation and Stockpiling: Uncertainty about supply availability led to speculative buying and stockpiling, further amplifying price volatility. 

  • Geopolitical Tensions (2018-2019):  

Trade Wars and Tariffs: The U.S.-China trade war-imposed tariffs on petrochemicals and derivatives, increasing production costs and disrupting global supply chains for benzoic acid. 

Crude Oil Price Volatility: Geopolitical conflicts, such as U.S. sanctions on Iran and tensions in the Middle East, led to fluctuations in crude oil prices, directly impacting the cost of toluene, a key feedstock for benzoic acid. 

Supply Chain Challenges: Political instability and trade restrictions affected the transportation and availability of raw materials, creating supply shortages in some regions. 

Shifting Global Trade Patterns: Manufacturers re-evaluated sourcing strategies due to geopolitical uncertainty, increasing logistics and operational costs for benzoic acid production. 

Why PriceWatch?

PriceWatch is your trusted resource for tracking global benzoic acid price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the benzoic acid market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence benzoic acid prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely benzoic acid market data.

Track PriceWatch's benzoic acid price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Benzoic Acid production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire Benzoic Acid supply chain, from raw material availability (e.g., toluene) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Benzoic Acid prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Benzoic Acid production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., agrochemicals, textile, and nylon adhesives), to predict shifts in Benzoic Acid demand and corresponding price movements.

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global Benzoic Acid production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming Benzoic Acid production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Benzoic Acid pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.  

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Benzoic Acid prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Benzoic Acid pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

122.12

CAS No

65-85-0

HS Code

29163110

Molecular Formula

C6H5COOH
benzoic acid

Benzoic acid, a white crystalline compound with a faint aromatic odour, serves as a key feedstock for various industries. Derived from toluene oxidation, it is widely used in food preservatives, pharmaceuticals, and plasticizers. Its antifungal and antibacterial properties make it essential for food preservation and cosmetic formulations, ensuring product longevity and safety.

Packaging Type

25 kg Bag

Grades Covered

Industrial 

Incoterms Used

FOB Shanghai, CIF Santos (China), CIF Nhava Sheva (China), CIF Jakarta (China), CIF Haiphong (China), CIF Manzanillo (China), CIF Manila (China), CIF Mersin (China)

Synonym

Carboxybenzene, Benzenecarboxylic Acid, Phenylformic Acid

PriceWatch Quotation Terms:

10-15 MT (India), 25-28 MT (Global)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Property  Specification 
Appearance  White crystalline solid  
Boiling Point (760 mm Hg)  249.2 °C 
Flake Thickness (mm)  1.2 
Odour  Faint, slightly aromatic 
Specific Gravity (25 °C)  1.2659 
Melting Range  121-123 °C 

Applications

Benzoic Acid is used mainly as a feedstock/intermediate to make other chemicals including: 

Sodium Benzoate and Potassium Benzoate: Widely used as food preservatives. 

Benzyl Benzoate: Used in plasticizers, fragrances, and as a solvent. 

Benzoyl Chloride: Intermediate to produce dyes, perfumes, and pharmaceuticals. 

Alkyd Resins: Key component in manufacturing paints, coatings, and varnishes. 

Caprolactam: Used in the production of nylon and synthetic fibers. 

 

Benzoic Acid Market Price Trend provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for benzoic acid. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The pricing of benzoic acid is influenced by several factors, including raw material costs such as propylene, fluctuations in supply and demand within industries like paints, coatings, and adhesives, as well as external elements like geopolitical events, trade tariffs, and energy prices. These factors combine to create variability in pricing depending on global economic conditions.

Regional production plays a significant role in benzoic acid pricing. Regions with high production, like Asia-Pacific, tend to have more competitive pricing due to local availability, whereas regions that rely on imports, such as North America and Europe, often face higher costs due to transportation fees, import duties, and potential supply chain disruptions.

The latest pricing trends for benzoic acid often reflect fluctuations in the cost of raw materials and changes in global supply chains. To secure better rates, procurement heads can consider locking in long-term contracts with suppliers, monitoring global price trends and indices, and optimizing bulk purchasing strategies to take advantage of volume discounts.

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