fumaric acid Pricing Assessment

Name: Fumaric Acid Price Trend, Analysis and Forecast
Creator: PriceWatch
Published: 2025-02-17T07:26:18+00:00
License: https://www.price-watch.ai/privacy-policy/

Markets Covered:

China

India

Vietnam

Brazil

United States

Indonesia

Philippines

Mexico

Fumaric Acid Price Trend, Analysis and Forecast

In Q1 2024, APAC Fumaric Acid prices are fluctuating around 0.3% Decreased as compared to Q4 2023. The major Exporting country China to Vietnam, India, Brazil, Usa, Indonesia, Philippines, Mexico.

In the second quarter of 2024, fumaric acid prices in the Asia-Pacific (APAC) region have experienced a notable decrease of approximately 1% compared to the first quarter. The slight decrease in prices may reflect a stabilization in supply following previous disruptions. As manufacturers have ramped up production and logistics have improved, the availability of fumaric acid has increased, leading to competitive pricing. Changes in the pricing of key raw materials, such as maleic anhydride, can significantly influence fumaric acid prices. If raw material costs have stabilized or decreased, this could contribute to the observed reduction in fumaric acid prices.

In the third quarter of 2024, fumaric acid prices in the Asia-Pacific (APAC) region are experiencing fluctuations, showing a slight increase of around 0.1% compared to Q2 2024. After the slight decrease in Q2 2024, the market may be adjusting as supply chains stabilize. Increased production capabilities and improved logistics can lead to more competitive pricing, even with minor fluctuations. Changes in the prices of raw materials, such as maleic anhydride, continue to impact fumaric acid costs. If raw material prices have increased slightly, this could contribute to the observed uptick in fumaric acid prices.

As we look ahead to the fourth quarter of 2024, several key factors will likely influence the pricing of fumaric acid in the Asia-Pacific (APAC) region. Continued improvements in supply chain logistics and production efficiencies are expected, which could stabilize prices. If manufacturers can maintain consistent output levels, this may help mitigate significant price fluctuations. The prices of key raw materials, particularly maleic anhydride, will play a critical role in determining fumaric acid prices. If raw material costs remain stable or decrease, it could lead to lower production costs and subsequently lower prices for fumaric acid.

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

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Historically, several events have caused significant fluctuations in fumaric acid prices

Russia-Ukraine Conflict (2022): The conflict has resulted in fluctuations in the prices of raw materials, such as maleic anhydride, which is a primary precursor for fumaric acid. The volatility in the availability and pricing of these materials has directly influenced the production costs of fumaric acid. The conflict has caused substantial disruptions in global supply chains. Both Russia and Ukraine are key players in the production and transportation of various raw materials used in the chemical industry, including those relevant to fumaric acid production. This has led to increased lead times and costs.
Texas Winter Storm (2021): The extreme cold weather led to widespread power outages and disruptions in manufacturing operations across Texas. Many chemical plants were forced to shut down or operate at reduced capacity, impacting the supply of fumaric acid and other chemicals. The storm affected the production and transportation of key raw materials used in fumaric acid manufacturing. Disruptions in supply chains for materials such as maleic anhydride, which is critical for fumaric acid production, contributed to shortages and increased prices.
COVID-19 Pandemic (2020): The pandemic led to significant disruptions in supply chains due to lockdowns, transportation restrictions, and workforce shortages. This impacted the production and distribution of fumaric acid, resulting in supply shortages and increased prices. Fumaric acid production relies on several key raw materials, such as maleic anhydride. Disruptions in the supply of these materials, caused by factory shutdowns and logistical challenges, contributed to rising production costs for fumaric acid.
Geopolitical Tensions (2018-2019): The trade tensions between the U.S. and China led to tariffs on various chemicals and raw materials. This resulted in increased costs for producers and suppliers of fumaric acid, as tariffs impacted the pricing of key raw materials used in its production. Geopolitical events often lead to fluctuations in the availability and prices of raw materials, such as maleic anhydride. As these prices increased due to supply uncertainties, the production costs for fumaric acid also rose, leading to higher market prices.
Shale Gas Boom (2010): The increase in shale gas production led to a substantial reduction in natural gas prices. Since many chemical processes, including those for producing fumaric acid, rely heavily on natural gas as a feedstock and energy source, the lower costs directly contributed to reduced production expenses.
Global Financial Crisis (2008-2009): The economic downturn led to reduced industrial activity and consumer spending. Demand for many products that use fumaric acid, such as automotive parts and construction materials, plummeted, causing a decline in consumption and putting downward pressure on prices.
Hurricane Katrina (2005): The hurricane caused extensive damage to chemical manufacturing facilities, particularly in the Gulf Coast region, where many chemical plants are located. Shutdowns and reduced operational capacity in these facilities led to temporary shortages of fumaric acid and increased production costs.

These events underscore the Fumaric Acid market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.

Methodology and Specifications

fumaric acid Pricing Assessment Research Methodology

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 Fumaric Acid production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
Supply Chain Monitoring: We track the entire Fumaric Acid supply chain, from raw material availability (e.g. Maleic Acid) 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 Fumaric 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 Fumaric 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., Food and beverages, Pharmaceuticals), to predict shifts in Fumaric Acid demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Fumaric 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 Fumaric 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, Food and beverages, and Pharmaceutical. 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 Fumaric 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 Fumaric 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 Fumaric Acid pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

116.07

CAS No

110-17-8

HS Code

29171950

Molecular Formula

C4H4O4

fumaric acid

Fumaric Acid is a crystalline, colorless organic compound widely used in the food, pharmaceutical, and industrial sectors. It serves as an acidulant, flavor enhancer, and an intermediate in resin production. The primary feedstocks for fumaric acid are malic acid or succinic acid, which are commonly obtained through fermentation or synthetic methods.

Packaging Type

25 Kg Bag

Grades Covered

Technical Grade

Incoterms Used

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

Synonym

Boletic acid

Quotation Terms:

25-28 MT

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.

Item	Specification
Appearance	Crystalline powder or particle
Smell	Sour
Color and Lustre	White
Fumaric acid w/%	99.5-100
Maleic acid W/%	≤0.10
Water content W/%	≤0.5

Applications

Fumaric acid is a versatile dicarboxylic acid with various applications across multiple industries. Acidulant: Fumaric acid is used as an acidulant in food products to enhance flavor and preserve freshness. It is often found in baked goods, dairy products, and beverages. Food Additive: It serves as a food additive (E297) to improve the texture and stability of certain foods. Drug Formulation: Fumaric acid is used in pharmaceutical formulations for its acidifying properties. It can enhance the solubility and bioavailability of certain drugs. Therapeutic Applications: It is involved in the production of fumaric acid esters, which are used in treatments for conditions like psoriasis and multiple sclerosis. Resin Production: Fumaric acid is a key ingredient in the production of unsaturated polyester resins, which are widely used in composites, automotive parts, and construction materials. Pesticides and Herbicides: Fumaric acid is utilized in the formulation of certain pesticides and herbicides, contributing to effective crop protection. It is employed in dyeing processes, helping to fix dyes on fabrics and improve colorfastness.

Disclaimer

Fumaric Acid price provided by 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 fumaric acid. 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.

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Frequently asked questions

What factors influence the pricing of fumaric acid? +

The pricing of fumaric acid is influenced by several key factors, including raw material costs, production processes, and market demand. Fluctuations in the availability and price of precursor materials, such as maleic anhydride, can significantly affect production costs. Additionally, global demand in industries like food, pharmaceuticals, and unsaturated polyester resins can lead to price variations. Regulatory changes and sustainability initiatives also play a role in shaping fumaric acid pricing.

How can I ensure competitive pricing for fumaric acid? +

To ensure competitive pricing for fumaric acid, procurement heads should regularly monitor market trends and supply dynamics. Building strong relationships with reliable suppliers can lead to better negotiation terms and bulk purchasing discounts. Additionally, exploring alternative sourcing options and staying informed about global supply chain developments will help maintain cost efficiency. Engaging in long-term contracts during favorable market conditions can also provide price stability.

What are the projected price trends for fumaric acid over the next few years? +

Projected price trends for fumaric acid indicate moderate increases due to rising demand in various sectors, including food additives and specialty chemicals. As sustainability becomes a priority, investments in eco-friendly production methods may also affect pricing. However, advancements in production technology could help stabilize costs. It's essential for procurement professionals to keep abreast of industry reports and market analyses to anticipate and adapt to these price trends effectively.