Price Watch
Buy Now
Book a Demo

Lactic Acid Price Trend and Forecast

UNSPC code: 51241228
|
⟳ Weekly Update
|
Historical Data Since 2015
|
Forecast for 2026
  • Commodity Pricing

lactic acid Price Trends by Country

cnChina
thThailand
jpJapan
inIndia
usUnited States
brBrazil
auAustralia
krSouth Korea

Global lactic acid Spot Market Prices, Trend Analysis and Forecast

Price Watch™ provides real-time price assessments and price forecasts for Lactic Acid across top trading regions:

Lactic Acid Regional Coverage  Lactic Acid Grade and Country Coverage  Lactic Acid Pricing Data Coverage Explanation 
Asia-Pacific Lactic Acid Pricing Analysis  Lactic Acid Food Grade (88%) (FCC) FOB Prices at Qingdao Port, China  Weekly Price Update on Lactic Acid Real-Time Export Prices from Qingdao Port, China to Global Markets 
Lactic Acid Food Grade (88%) (FCC) FOB Prices at Laem Chabang Port, Thailand  Weekly Price Update on Lactic Acid Real-Time Export Prices from Laem Chabang Port, Thailand to Global Markets 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Tokyo, Japan. Importing from China  Weekly Price Update on Lactic Acid Real-Time Import Prices at Tokyo, Japan, from China 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Tokyo, Japan. Importing from Thailand  Weekly Price Update on Lactic Acid Real-Time Import Prices at Tokyo, Japan, from Thailand 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Busan, South Korea. Importing from China  Weekly Price Update on Lactic Acid Real-Time Import Prices at Busan, South Korea, from China 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Nhava Sheva, India. Importing from China  Weekly Price Update on Lactic Acid Real-Time Import Prices at Nhava Sheva, India, from China 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Nhava Sheva, India. Importing from Thailand  Weekly Price Update on Lactic Acid Real-Time Import Prices at Nhava Sheva, India, from Thailand 
North America Lactic Acid Pricing Analysis  Lactic Acid Food Grade (88%) (FCC) CIF Prices at Houston, USA. Importing from China  Weekly Price Update on Lactic Acid Real-Time Import Prices at Houston, USA, from China 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Houston, USA. Importing from Thailand  Weekly Price Update on Lactic Acid Real-Time Import Prices at Houston, USA, from Thailand 
South America Lactic Acid Pricing Analysis  Lactic Acid Food Grade (88%) (FCC) CIF Prices at Santos, Brazil. Importing from China  Weekly Price Update on Lactic Acid Real-Time Import Prices at Santos Port, Brazil, from China 
Oceania Lactic Acid Pricing Analysis  Lactic Acid Food Grade (88%) (FCC) CIF Prices at Sydney, Australia. Importing from China  Weekly Price Update on Lactic Acid Real-Time Import Prices at Sydney, Australia, from China 
Lactic Acid Food Grade (88%) (FCC) CIF Prices at Melbourne, Australia. Importing from Thailand  Weekly Price Update on Lactic Acid Real-Time Import Prices at Melbourne, Australia, from Thailand 


Note: In assessments structured as CIF [Importing Port] (Exporting Country), the country mentioned in brackets indicates the primary origin of supply (exporting country), while the named port refers to the destination port in the importing country. Other Incoterms (FOB, FD, EXW, etc.) should be interpreted in accordance with standard international trade definitions.

Lactic Acid Price Trend Q1 2026

The first quarter of 2026 has been defined by a steady inflationary trend across the global Lactic Acid (Food Grade 88%) market as the US-Iran war scenario has introduced fresh complexity into global trade. While Lactic Acid is a bio-based product, lactic acid price trend has been indirectly pushed 8-15% higher by the soaring costs of energy and logistics.

The US-Iran war scenario has led to a spike in bunker fuel prices and maritime insurance premiums, which has directly impacted the landed cost of fermented chemicals. Furthermore, severe supply disruptions have emerged due to the congestion of major shipping lanes and the rerouting of vessels away from conflict-proximate zones, causing lead times to stretch significantly.

Throughout the quarter, demand from the food preservation and PLA (Polylactic Acid) bioplastics sectors has remained robust, allowing producers to pass on increased operational overheads to the end consumers.

China: Lactic Acid export price from China, Food Grade (88%)

According to Price-Watch™, in Q1 2026, Lactic Acid prices in China have advanced by 5.82%. The lactic acid price trend in China has been supported by the rising cost of corn and carbohydrate feedstocks, which have been influenced by the global energy spike linked to the US-Iran war scenario.

While China remains the most competitive supplier globally, the supply disruption of Middle Eastern oil has forced an increase in domestic logistics and production costs.

Market activity has intensified as international buyers have scrambled to secure Chinese material before further freight hikes. Furthermore, in March 2026, Lactic Acid prices in China have consolidated as producers have successfully passed on the higher costs of coal-fired steam and electricity to their global export customers.

Thailand: Lactic Acid export price from Thailand, Food Grade (88%)

In Q1 2026, Lactic Acid prices in Thailand have risen by 8.06%. The lactic acid price trend in Thailand has been driven by the country’s position as a major regional production hub facing increased operational costs.

The US-Iran war scenario has pushed up the cost of electricity and steam required for the fermentation process. While Thailand is a net exporter, the supply disruption has manifested as a shortage of available shipping containers, as global logistics firms have reshuffled assets to manage the crisis in the Middle East.

Consequently, in March 2026, Lactic Acid prices in Thailand have consolidated at higher levels, reflecting the rising costs of raw material processing and the high premiums required for international outbound shipments.

Japan: Lactic Acid import price in Japan from China, Food Grade (88%)

In Q1 2026, Lactic Acid prices in Japan have climbed by 7.38%. The lactic acid price trend in Japan has been susceptible to the rising export offers from China, exacerbated by the US-Iran war scenario which has inflated regional maritime costs.

The supply disruption has been characterized by delays in vessel arrivals in Tokyo and Osaka, as carriers have prioritized safer, albeit longer, navigation routes. Japan’s high demand for food-grade additives for its convenience food sector has ensured steady consumption, but buyers have faced much higher landed costs.

By the end of the quarter, and specifically in March 2026, Lactic Acid prices in Japan have held firm at their quarterly highs as the market has adjusted to the new reality of elevated freight and energy-related surcharges.

South Korea: Lactic Acid import price in South Korea from China, Food Grade (88%)

In Q1 2026, Lactic Acid prices in South Korea have increased by 5.65%. The lactic acid price trend in South Korea has mirrored the volatility seen in the broader North Asian chemical market. The US-Iran war scenario has indirectly affected the Korean market by inflating the cost of petrochemical-based packaging and local transport.

The supply disruption has been primarily logistical, with vessel space becoming increasingly expensive for the short-sea route from Qingdao to Busan. Demand from the Korean cosmetic and food acidulant sectors has remained stable, but in March 2026, Lactic Acid prices in South Korea have trended upward as importers have sought to build buffer stocks in anticipation of further geopolitical escalations in the coming months.

USA: Lactic Acid import price in USA from Thailand, Food Grade (88%)

In Q1 2026, Lactic Acid prices in the USA increased by 5.49%. The lactic acid price trend in the USA has been influenced by the global surge in shipping costs has been caused by the US-Iran war scenario. While the U.S. produces some lactic acid domestically, the high-volume imports from Thailand have seen their landing costs rise due to the war risk surcharges applied to trans-Pacific and Indian Ocean routes.

The supply disruption has come from longer transit times as vessels have avoided potential conflict zones. Consequently, in March 2026, Lactic Acid prices in the USA have climbed steadily as the food manufacturing and biopolymer industries have faced a tighter supply of imported fermented chemicals amidst a global logistics squeeze.

Brazil: Lactic Acid import price in Brazil from China, Food Grade (88%)

In Q1 2026, Lactic Acid prices in Brazil have grown by 4.86%. The lactic acid price trend in Brazil has been dictated by the rising costs of Chinese exports and the extreme volatility in global ocean freight.  The US-Iran war scenario has indirectly affected the Brazilian market by causing a spike in the cost of fuel for the long-haul shipping routes from Asia to South America.

The supply disruption has manifested as a reduction in the frequency of vessel calls at the Port of Santos, as shipping lines have prioritized more lucrative routes. In view of these constraints, in March 2026, Lactic Acid prices in Brazil have held firm, as the domestic food and beverage sector has been forced to absorb the higher costs of imported acidulants.

Australia: Lactic Acid import price in Australia from China, Food Grade (88%)

In Q1 2026, Lactic Acid prices in Australia have seen an increase of 4.13%. The lactic acid price trend in Australia has been dampened slightly by the strength of the local currency, yet the US-Iran war scenario has still pushed the landed price of Chinese material higher.

The supply disruption has emerged because of tightened vessel availability in the Asia Pacific region, as global fleets have been reshuffled to manage the crisis in the Middle East. This has left Australian importers facing higher freight bills and longer wait times for specialized food-grade shipments.

Consequently, in March 2026, Lactic Acid prices in Australia have reached their highest point of the quarter, driven by the need to secure material for the dairy and bakery sectors amidst global trade uncertainty.

India: Lactic Acid import price in India from China, Food Grade (88%)

In Q1 2026, Lactic Acid prices in India have surged by 8.19%. The lactic acid price trend in India has been heavily impacted by the US-Iran war scenario, which has caused a significant increase in freight rates for cargoes entering the Arabian Sea.

Since India relies heavily on imports for high-purity food-grade material, the resulting supply disruption has led to a tightening of spot availability at Nhava Sheva port. Logistical hurdles have intensified as shipping lines have implemented war risk surcharges.

Furthermore, in March 2026, Lactic Acid prices in India have reached their quarterly peak as the domestic food processing and beverage industries have increased their offtake ahead of the summer season, further straining the limited inventory.

Lactic Acid Price Trend Analysis: Q4 2025

In Q4 2025, the global Lactic Acid (Food Grade 88%) market experienced a broad-based price correction, with declines ranging between 1% – 8% across regions. The downturn was primarily driven by softer downstream demand from food, beverage, and biodegradable packaging sectors, coupled with ample global supply availability.

Stable feedstock costs and easing freight rates further contributed to downward pricing pressure. Export-oriented producers in China and Thailand adjusted offers to remain competitive, while importing regions leveraged oversupply to negotiate lower prices.

Quality differentiation continued to influence sourcing decisions, but overall market sentiment remained cautious as buyers prioritized cost efficiency over stock expansion.

China: Lactic Acid Export Price from China, Food Grade (88%)

In Q4 2025, Lactic Acid export prices from China declined by 2.66%, with FOB Qingdao prices assessed between USD 1050–1100/MT. The decline reflected subdued global demand and persistent competitive pressure among Chinese producers.

Export volumes remained adequate, but buyers from Asia and the Americas adopted cautious procurement strategies amid sufficient inventories. Feedstock availability and production costs remained stable, allowing suppliers flexibility in pricing.

Logistics costs eased slightly, adding further downward pressure. Chinese exporters reduced prices to protect market share, particularly against Southeast Asian suppliers, while maintaining steady shipment flows despite softer international consumption.

Thailand: Lactic Acid Export Price from Thailand, Food Grade (88%)

In Q4 2025, Lactic Acid prices from Thailand declined sharply by 5.38%, with FOB Laem Chabang prices ranging between USD 1200–1250/MT. The correction followed weaker demand from key premium markets such as the U.S., Japan, and Australia.

While Thailand maintained its reputation for high-quality, food-compliant material, buyers pushed back on pricing amid ample alternative supply. Production levels remained stable, and logistics conditions were smooth.

To sustain export volumes, Thai suppliers offered more competitive pricing, narrowing the premium over Chinese material. The quarter reflected normalization after earlier strength, with demand-driven price adjustments dominating market dynamics.

Japan: Lactic Acid Import Price in Japan from China, Food Grade (88%)

In Q4 2025, Lactic Acid import prices into Japan from China declined by 2.23%, with CIF Tokyo prices ranging from USD 1150–1200/MT. The decrease was attributed to softer demand from food processing and beverage manufacturers, coupled with aggressive pricing from Chinese exporters.

Japanese buyers focused on cost optimization, particularly for non-premium applications, while maintaining selective sourcing for high spec uses. Import volumes remained stable, supported by reliable Chinese supply chains.

Freight rates showed marginal improvement, further supporting lower landed costs. Overall, the Japanese market remained well supplied, with cautious procurement limiting price recovery during the quarter.

South Korea: Lactic Acid Import Price in South Korea from China, Food Grade (88%)

In Q4 2025, South Korea’s Lactic Acid import prices from China fell by 2.59%, with CIF Busan prices assessed between USD 1100–1150/MT. The decline reflected balanced supply conditions and moderate demand from food, beverage, and personal care sectors.

Chinese exporters offered competitive rates amid regional oversupply, enabling Korean buyers to secure favourable terms. Inventory levels remained comfortable, reducing urgency for restocking.

Logistics conditions were stable, and no major supply disruptions were reported. Buyers remained price-sensitive and opportunistic, taking advantage of softer market conditions. Overall, the market remained stable, with gradual price easing aligned with regional trends.

USA: Lactic Acid Import Price in USA from Thailand, Food Grade (88%)

In Q4 2025, Lactic Acid import prices into the United States from Thailand declined by 7.64%, with CIF Houston prices ranging between USD 1350–1400/MT. The sharp drop was driven by slower demand from bioplastics, food preservation, and industrial applications, alongside easing freight costs.

Despite Thailand’s strong quality positioning, U.S. buyers pushed for price reductions amid ample supply availability. Import volumes remained steady but less aggressive compared to previous quarters.

Regulatory compliance continued to favour Thai material, though at reduced price points. Overall, the U.S. market reflected demand-driven correction, with buyers prioritizing inventory control and cost efficiency.

Brazil: Lactic Acid import price in Brazil from China, Food Grade (88%)

In Q4 2025, Lactic Acid import prices into Brazil from China declined by 5.23%, with CIF Santos prices ranging between USD 1150–1200/MT. The decline was driven by softer demand from food processing and packaging sectors, along with improved shipping availability from China.

Brazilian buyers delayed purchases, anticipating further price corrections amid global oversupplies. Chinese-origin material remained preferred due to cost competitiveness and consistent availability. Currency fluctuations also influenced landed pricing, contributing to downward adjustments.

Despite the decline, consumption remained steady, preventing sharper drops. Overall, the Brazilian market remained functional but cautious, with price pressure reflecting broader global softness.

Australia: Lactic Acid Import Price in Australia from China, Food Grade (88%)

In Q4 2025, Australia Lactic Acid import prices from China declined by 1.63%, with CIF Sydney prices assessed between USD 1150–1200/MT. The modest decline reflected stable demand from food and personal care industries, combined with comfortable supply levels.

Buyers benefited from normalized freight rates and competitive Chinese offer. Inventory positions remained healthy, limiting urgent procurement. While consumption remained consistent, buyers exercised restraint, focusing on short-term coverage rather than long-term commitments.

Market sentiment remained balanced, with minimal volatility. Overall, Australia saw mild price easing, driven by logistics efficiencies and steady but unspectacular downstream demand.

India: Lactic Acid Import Price in India from China, Food Grade (88%)

In Q4 2025, Lactic Acid import prices into India from China declined slightly by 1.10%, with CIF Nhava Sheva prices ranging between USD 1100–1150/MT. The marginal decline reflected stable supply availability and steady, price-sensitive demand from food processing and industrial sectors.

Chinese material remained the preferred source due to competitive pricing and reliable lead times. Domestic consumption remained consistent, though buyers avoided aggressive stocking amid sufficient inventories.

Freight and logistics conditions were stable, supporting predictable landed costs. Overall, the Indian market remained balanced, with minor price adjustments driven by cautious procurement and continued emphasis on cost-effective sourcing.

In Q3 2025, the global Lactic Acid (Food Grade 88%) market displayed mixed pricing patterns, with changes ranging between 3%-5%. These variations were influenced by regional demand fluctuations, freight adjustments, and feedstock pricing stability. Countries like India and Thailand saw rising prices driven by strong demand from food, pharmaceutical, and packaging industries.

Meanwhile, markets such as the USA and China experienced declines due to competitive pressures and softer downstream consumption. Quality considerations, trade routes, and currency fluctuations played key roles in procurement decisions. Overall, the market remained supply-sensitive with sourcing preferences guided by price-performance balance.

China: Lactic Acid export price from China, Food Grade (88%).

According to PriceWatch, In Q3 2025, Lactic Acid prices in China declined by 4.08%, falling to a range of USD 1120–1160/MT FOB Qingdao. The Lactic Acid price trend in China reflected a reduction primarily driven by subdued export demand, competitive pressure from Southeast Asian producers, and stable feedstock prices. Chinese suppliers faced mounting inventory levels amid softer international orders, especially from Japan and the U.S., where buyers turned to higher-grade alternatives.

Despite steady domestic demand, export competitiveness weakened. The price drops also reflected currency advantages leveraged by importers and minor logistics cost savings. Chinese suppliers adjusted prices to retain global market share while competing against Thailand’s premium-grade offerings.

In September 2025, Lactic Acid prices in China showed continued weakness as subdued demand persisted through the month. Early softness extended into later weeks, keeping overall sentiment fragile. Buying interest stayed limited while steady declines reflected broader downward pricing momentum.

Thailand: Lactic Acid export price from Thailand, Food Grade (88%).

Lactic Acid prices in Thailand increased by 3.66% in Q3 2025, with rates ranging from USD 1265–1320/MT FOB Laem Chabang. The Lactic Acid price trend in Thailand was supported by strong global demand, particularly from countries with stringent food safety standards. Thailand’s producers capitalized on their reputation for high-purity, certified products, especially in pharmaceutical and food sectors.

Export volumes remained healthy, with strong inquiries from India, Japan, and Australia. While logistics remained stable, slight cost increases in freight and packaging contributed to the price rise. Buyers preferred Thai Lactic Acid for its consistent quality, even at a premium compared to Chinese-origin alternatives.

In September 2025, Lactic Acid prices in Thailand exhibited persistent softness with notable weekly declines. Early weakness carried through the month as sentiment eased further. Limited buying activity and cautious procurement reflected sustained bearish conditions within the regional pricing environment.

Japan: Lactic Acid import price in Japan from China, Food Grade (88%).

In Q3 2025, Lactic Acid prices in Japan from China fell by 2.90%, with CIF Tokyo prices ranging between USD 1190–1240/MT. The Lactic Acid price trend in Japan showed a decrease largely due to soft demand in Japan’s food and beverage sectors and aggressive pricing from Chinese exporters facing oversupply.

Buyers prioritized cost over brand loyalty amid subdued consumption and looked for budget-friendly options. However, Chinese-origin products were often limited to lower-spec applications due to quality constraints. Despite these challenges, import volumes remained steady. Suppliers adjusted rates to remain competitive, particularly in response to growing preference for higher-grade Thai Lactic Acid among premium users.

In September 2025, Lactic Acid prices into Japan from China weakened modestly with steady declines. Early bearish trends continued across the month, reflecting muted demand and limited trading activity. Sentiment remained fragile as suppliers adjusted offers amid subdued consumption levels.

South Korea: Lactic Acid import price in South Korea from China, Food Grade (88%).

In Q3 2025, Lactic Acid prices in South Korea from China dropped by 4.00%, with CIF Busan prices ranging from USD 1140–1195/MT. The Lactic Acid price trend in South Korea was influenced by oversupply from Chinese manufacturers and moderate demand across South Korea’s food and beverage industries.

Competitive pricing and lower transportation costs further pushed prices down. South Korean buyers leveraged the opportunity to stockpile at reduced rates. However, demand remained mostly stable, preventing sharper declines. The market was marked by price sensitivity and strategic purchasing, with preference still given to affordable sources for non-premium applications, while quality-focused sectors considered other origin alternatives.

In September 2025, Lactic Acid prices into South Korea from China softened steadily as ongoing declines persisted. Early weakness extended throughout the period, maintaining downward sentiment. Limited spot activity and cautious purchasing reflected subdued demand and continued pricing fragility.

United States: Lactic Acid import price in USA from Thailand, Food Grade (88%).

In Q3 2025, Lactic Acid prices in USA from Thailand increased by 2.74%, with CIF Houston prices between USD 1460–1510/MT. The Lactic Acid price trend in the USA was supported by strong demand from regulated sectors like pharmaceuticals and food preservation, where stringent standards required consistent, high-grade inputs.

Thai suppliers maintained premium positioning due to trusted quality, documentation compliance, and traceable sourcing. Despite lower-cost options from China, American buyers seeking reliability chose Thai material. Logistics remained stable and import volumes were steady. The market favoured Thailand for high-spec applications, sustaining pricing strength despite overall demand softness in adjacent segments like bioplastics.

In September 2025, Lactic Acid prices into the USA from Thailand declined sharply amid significant weekly softness. Early bearish sentiment continued through the month, keeping pricing under pressure. Buyers remained cautious while suppliers faced persistent challenges sustaining stability across trading channels.

Brazil: Lactic Acid import price in Brazil from China, Food Grade (88%).

Lactic Acid Prices in Brazil from China fell marginally by 0.32% in Q3 2025, with CIF Santos prices ranging USD 1240–1250/MT. The Lactic Acid price trend in Brazil reflected a steady market supported by ongoing demand from beverage preservation, meat processing, and food packaging sectors. The slight decline was attributed to improved shipping conditions and currency-related pricing flexibility.

Despite price competition, Chinese products remained dominant due to affordability. Brazilian buyers maintained regular procurement from China, valuing short lead times and consistent supply. Overall, market fundamentals remained unchanged, with steady consumption patterns keeping price movement limited to minimal adjustments throughout the quarter.

In September 2025, Lactic Acid prices into Brazil from China showed steady declines following early weakness. Downward sentiment persisted through the month with limited buying activity. Cautious procurement and mild demand restrained recovery, maintaining fragile pricing dynamics across the period.

Australia: Lactic Acid import price in Australia from China, Food Grade (88%).

In Q3 2025, Lactic Acid Prices in Australia from China decreased by 3.08%, with prices between USD 1200–1250/MT CIF Sydney. The Lactic Acid price trend in Australia was primarily influenced by normalized freight rates, a well-supplied domestic market, and moderate demand from processed food and personal care industries.

Buyers favoured Chinese material for standard applications but pushed for better pricing amid stable global supply. Market participants capitalized on competitive offers to secure inventory at lower costs. Despite the price drop, consistent consumption levels maintained steady trading activity. The shift reflected increased buyer leverage, particularly in contracts with flexible volume and payment terms.

In September 2025, Lactic Acid prices into Australia from China softened gradually through consistent weekly declines. Early trends carried through the month, reflecting muted demand and moderate trading. Sentiment remained fragile as steady softness limited overall pricing stability within the region.

India: Lactic Acid import price in India from China, Food Grade (88%).

In Q3 2025, Lactic Acid prices in India from China experienced a 0.29% decline, with CIF Nhava Sheva prices ranging between USD 1150–1180/MT. The Lactic Acid price trend in India was influenced by a stable supply chain, firm but non-surging demand, and currency fluctuations. Chinese products remained attractive due to cost efficiency, especially for mass-market applications like packaged foods and construction chemicals.

Indian buyers leveraged import competition to negotiate favourable pricing. Anti-dumping duties had minimal impact this quarter, and imports continued steadily. Procurement activity remained price-sensitive, with buyers balancing cost, delivery timelines, and minimum quality benchmarks in sourcing decisions.

In September 2025, Lactic Acid prices into India from China declined moderately as early softness persisted. The bearish tone continued across the month, reflecting stable yet cautious demand. Procurement activity remained limited, and pricing stability weakened amid ongoing downward sentiment.

In Q2 2025, according to the PriceWatch, Lactic Acid prices Food Grade (88%) FOB Qingdao saw an increase of +4.07%, reaching USD 1,150 per metric ton, as regional demand across Asia gradually strengthened—particularly in the food and beverage sectors, which continued to prioritize natural and sustainable ingredients. Feedstock costs stabilized, providing a more predictable pricing environment.

Despite the ongoing Iran-Israel conflict, the Qingdao Lactic Acid’s market remained largely unaffected due to its reliance on domestic supply and regional demand dynamics. Global trade adjustments and stabilized freight conditions further supported a firmer pricing trend. Growing downstream demand from pharmaceuticals and biodegradable packaging sectors bolstered positive market sentiment throughout the quarter.

In Q2 2025, according to the PriceWatch Lactic Acid Purity Food Grade (88%) CIF Nhava Sheva (China) prices showed a moderate increase of +2.12%, reaching USD 1205 per metric ton, driven by seasonal restocking activities and stronger demand from India’s food and beverage sector.

Warmer temperatures typically boosted Lactic Acid consumption for preservation and flavouring applications. Chinese suppliers adjusted export offers slightly upward due to rising feedstock costs and continued demand from Southeast Asia. These combined factors pushed prices to a slightly higher range during the quarter. 

In Q1 2025, the Lactic Acid market in China (FOB Qingdao) saw a -4.41% price drop, with prices falling to USD 1105/MT, influenced by the Lunar New Year holiday, which led to temporary production slowdowns and weaker industrial activity. Additionally, a decline in raw material costs further pushed prices lower.

In Thailand, the market contrasted China’s trend, experiencing a steady rise as regional demand rebounded and export volumes increased. However, supply-side constraints, including shipment delays and port congestion, played a key role in influencing price movements across major markets.

In Q1 2025, Indian Lactic Acid prices (CIF Nhava Sheva) dropped further to USD 1180/MT, -3.67% below Q4 2024. The drop was dominated by weakened industrial utilization following Lunar New Year, lower raw material prices, and supply chain issues such as delayed shipments and congestion at ports that affected overall supply. 

Lactic Acid Price Trend Analysis: Q4 2024

In Q4 2024, China’s Lactic Acid prices (FOB Qingdao) continued their downward trend, declining by -4.70% to USD 1156/MT, primarily due to weaker demand from pharmaceutical manufacturers and excess stock availability. The food and beverage industry saw moderate purchasing, but overall market sentiment remained bearish due to ongoing inventory adjustments and cautious procurement strategies.

Thailand followed a similar pattern, with localized production stability preventing any major price surges. Meanwhile, delayed shipments and fluctuating freight rates added pressure on the global supply chain.

In Q4 2024, Indian Lactic Acid prices (CIF Nhava Sheva) fell to USD 1225/MT, which was –5.04% lower than in Q3. This was mainly due to weaker demand from the pharma sector, destocking to adjust overstocking, and delayed shipments and rising freight charges, which led to short-term supply constriction. 

In Q3 2024, the Lactic Acid market in China (FOB Qingdao) experienced a -3.39% decline, with prices dropping to USD 1213/MT. This bearish trend was driven by weaker demand from the food and beverage sector and cautious purchasing in the pharmaceutical industry. Market sentiment remained weak due to reduced export volumes and increased domestic production, leading to excess supply.

In Thailand, a similar trend was observed, with softening market activity and inventory liquidation playing a role in keeping prices under pressure. Additionally, logistical challenges in key exporting regions contributed to fluctuations in supply, impacting overall market stability.

In Q3 2024, Indian Lactic Acid prices (CIF Nhava Sheva) dropped to USD 1290/MT, decreasing by -1.90% from Q2. This resulted from weaker demand from the food and beverage sector during the off-season, excess supply because of greater domestic output, and export disruptions caused by supply chain problems and delays. 

In Q2 2024, Lactic Acid prices in China (FOB Qingdao) showed a positive trend, rising to USD 1256/MT, reflecting a +5.00% increase from Q1. The upward movement was driven by higher demand in food applications, where Lactic Acid is widely used as a preservative and acidulant.

Additionally, increased demand for Polylactic Acid (PLA) in bioplastic manufacturing further supported the market. Technological advancements in Lactic Acid production processes also contributed to improved supply efficiency, keeping the market balanced despite rising costs.

In Q2 2024, India’s Lactic Acid prices (CIF Nhava Sheva) reached USD 1315/MT, a rise of +5.20% from Q1. This hike was primarily due to higher demand from the food and beverages sector, higher interest in the bioplastics segment for Polylactic Acid (PLA), and improved production efficiency, which kept the market in balance despite rising the demand. 

In Q1 2024, the global Lactic Acid market in East Asia, particularly China (FOB Qingdao), experienced a decrease in prices. Prices were reported at USD 1196/MT, showing a -3.42% decline from the previous quarter.

This dip was influenced by moderate demand from the food and beverage sector and a general slowdown in industrial activities following the Lunar New Year celebrations. While demand for food applications remained steady, other sectors saw limited growth, leading to a softening in the overall market sentiment.

In Q1 2024 CIF Nhava Sheva prices of Lactic Acid, declined slightly to USD 1250/MT, decreasing by -0.40% from the previous quarter. This decrease resulted from weakened demand for the product by food and beverage companies, seasonal slowdowns, and oversupply of the product in the market, prompting buyers to follow cautious buying strategies. 

Technical Specifications of Lactic Acid Price Trends

Product Description

Lactic Acid is a weak organic acid which is colourless or slightly yellowish liquid with a sour taste and is naturally produced in the human body during exercise. It is widely used in various industries due to its versatility. Lactic Acid is typically produced from the fermentation of carbohydrate rich plants like Corn starch, Sugar beets, Sugarcane.

Identifiers and Classification:

  • CAS No – 50-21-5
  • HS Code – 29181110
  • Molecular Formula – C₃H₆O₃
  • Molecular Weight (in gm/mol) – 90.08

Lactic Acid Synonyms:

  • 2-Hydroxypropanoic Acid
  • Lactate
  • Milk Acid


Lactic Acid Grades Specific Price Assessment:

Lactic Acid, Food Grade (88%)


Lactic Acid Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-30 MT
  • Packaging Type (Product & Country Specific): Drum (30 Kg)


Incoterms Referenced in Lactic Acid Price Reporting

Shipping Term  Location  Definition 
FOB Qingdao  Qingdao, China  Lactic Acid export price from China 
FOB Laem Chabang  Laem Chabang, Thailand  Lactic Acid export price from Thailand 
CIF Tokyo (China)  Tokyo, Japan  Lactic Acid import price in Japan from China 
CIF Tokyo (Thailand)  Tokyo, Japan  Lactic Acid import price in Japan from Thailand 
CIF Busan (China)  Busan, South Korea  Lactic Acid import price in South Korea from China 
CIF Houston (China)  Houston, USA  Lactic Acid import price in USA from China 
CIF Houston (Thailand)  Houston, USA  Lactic Acid import price in USA from Thailand 
CIF Santos (China)  Santos, Brazil  Lactic Acid import price in Brazil from China 
CIF Sydney (China)  Sydney, Australia  Lactic Acid import price in Australia from China 
CIF Melbourne (Thailand)  Melbourne, Australia  Lactic Acid import price in Australia from Thailand 
CIF Nhava Sheva (China)  Nhava Sheva, India  Lactic Acid import price in India from China 
CIF Nhava Sheva (Thailand)  Nhava Sheva, India  Lactic Acid import price in India from Thailand 

*Quotation Terms refers to the quantity range specified for the Lactic Acid being quoted or offered in a commercial transaction.

**Packaging Type refers to standard packaging size commonly used for Lactic Acid packing, ease of handling, transportation, and storage in industrial and commercial applications.

Key Lactic Acid Manufacturers

Manufacturer 
Purac Thailand Ltd. 
Purac Asia Pacific Pte Ltd. 
Qingdao Sinsur Chemical Co. 
Aurora Industry Co., Ltd. 
Azelis Singapore Pte Ltd. (Thailand) 

Lactic Acid Industrial Applications

lactic acid market share end use

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

  • Sustainability Push and Technological Advancements (2024): Growing demand for biodegradable plastics like Polylactic Acid (PLA) has led to significant technological advancements in Lactic Acid production, especially in China and Thailand. As industries increasingly prioritize sustainability, this shift has driven demand and boosted prices. Additionally, global regulations promoting environmentally friendly materials are expected to influence market dynamics further.
  • Post-Pandemic Economic Recovery (2022-2023): After the COVID-19 pandemic, there was a significant rise in demand for Lactic Acid, especially in the food sectors. This recovery phase saw supply chain bottlenecks and increased production costs, driving prices upward. The growing focus on healthier food alternatives and organic acids also supported higher demand and prices in key regions like East Asia.
  • COVID-19 Pandemic (2020-2021): During the initial phase of the pandemic, demand for Lactic Acid in non-essential sectors decreased, but the food and health industries saw a surge in demand. This led to price fluctuations, with increased production costs due to disrupted supply chains and logistics challenges, particularly in China, a major producer. As demand for personal care and hygiene products rose, prices began to stabilize and eventually increase.

These events highlight the sensitivity of the Lactic Acid market to both geopolitical and environmental factors, underscoring the need for continuous monitoring to manage supply-demand dynamics effectively.

Why Price Watch™?

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

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

Track Price Watch's™ lactic 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.

Lactic Acid Market Price Trend published by Price Watch™ reflect prevailing spot market conditions, derived from independent research, verified trade inputs, and proprietary market intelligence as of the publication date. Prices are published on the specified Incoterm and represent indicative base market levels, exclusive of applicable taxes, VAT, duties, tariffs, and other statutory charges. Actual transaction values may vary depending on volume, credit terms, contractual structure, and other negotiated conditions. Market prices are inherently subject to volatility, liquidity dynamics, regulatory changes, and evolving trade activity. The information provided is for reference and benchmarking purposes only and does not constitute an offer, recommendation, or guarantee of transactional outcomes. Users should exercise independent commercial judgment and assess their specific contractual, regulatory, tax, and application requirements before making business decisions. Price Watch™ assumes no liability for decisions taken based on this information.

Lactic Acid prices are influenced by a variety of factors, including the cost of raw materials such as corn and sugarcane, production technology advancements, and fluctuations in demand from key industries like food, beverage, and bioplastics.

Additionally, environmental regulations, transportation costs, and market competition can also impact pricing. Keeping an eye on these elements can help procurement heads make informed purchasing decisions.

The demand for Polylactic Acid (PLA), a biodegradable polymer derived from Lactic Acid, has a significant influence on Lactic Acid prices. As the market for PLA grows, especially in sustainable packaging and consumer goods, the demand for Lactic Acid rises accordingly.

This increased demand can lead to upward price pressure, while any fluctuations in PLA production capabilities or technological advancements can also affect pricing trends. Procurement teams should stay updated on PLA market developments to anticipate changes in Lactic Acid costs.

Lactic Acid prices can vary by region due to differences in production capacity, raw material availability, and local demand dynamics. For instance, countries like China and Thailand are major producers, often leading to competitive pricing in Asia compared to Europe or North America.

Procurement heads should analyse regional market trends and consider sourcing from regions with lower production costs or favourable trade conditions to optimize their procurement strategies and manage expenses effectively.

Lactic acid is an organic acid widely used in food & beverages, pharmaceuticals, cosmetics, biodegradable plastics (PLA), and industrial applications. Its price directly affects the cost of everyday products such as dairy items, packaged foods, skincare products, and sustainable materials. Price-Watch™ tracks these prices to help businesses and consumers understand and stay updated with the market trends.

Lactic acid prices vary depending on region, concentration (e.g., 80%, 88%, 90%), and grade (food, pharmaceutical, or industrial). Prices are generally quoted per metric ton and fluctuate based on raw material costs, production capacity, and demand. Price-Watch™ provides real-time price assessments across different global markets to help buyers and sellers make informed decisions.

Lactic acid prices are influenced by raw material availability (such as corn, sugarcane, or other carbohydrates), fermentation and processing costs, energy prices, logistics, and demand from food, pharmaceutical, cosmetic, and bioplastics industries. Growing demand for sustainable and bio based products, especially polylactic acid (PLA) has been a major driver of long-term market growth.

The largest consumers of lactic acid include the food & beverage industry (as a preservative, acidulant, and flavor enhancer), pharmaceutical companies, personal care and cosmetics manufacturers, and producers of biodegradable plastics. It is also used in industrial cleaning and chemical synthesis. Price-Watch™ analyzes demand patterns across all these industries.

Lactic acid is primarily produced through the fermentation of carbohydrates derived from renewable sources such as corn, sugarcane, cassava, or beet sugar. The fermentation process uses specific bacteria to convert sugars into lactic acid, making it a bio based and environmentally friendly chemical.

Major exporters of lactic acid include China, Thailand, and several European countries, supported by strong fermentation infrastructure and growing bioplastics production.

Export volumes vary depending on domestic demand, feedstock availability, and global trade conditions. Price-Watch™ tracks production levels, export flows and trade patterns to help businesses understand global supply chains and identify sourcing opportunities.

Global supply generally keeps pace with demand, but temporary shortages can occur due to feedstock price volatility, plant maintenance shutdowns, or rapid growth in PLA and pharmaceutical demand. Price-Watch™ monitors these supply-demand imbalances to alert the market about potential shortages or surpluses.

Lactic acid is available in food grade, pharmaceutical grade, cosmetic grade, and industrial grade, with varying purity levels. Higher-purity grades command premium prices due to stricter quality controls and additional processing. Concentration levels (such as 80% vs. 90%) also affect pricing. Price-Watch™ provides separate price assessments for each grade to ensure market transparency.

A sudden rise in demand—often driven by growth in food preservation needs or bioplastics production—can lead to higher prices, longer lead times, and tighter supply. Producers may prioritize long-term contracts, while spot buyers face premium pricing. Price-Watch™ captures these market dynamics in real-time.

Energy plays a significant role in fermentation, purification, and downstream processing. Rising electricity or fuel prices increase production and transportation costs, which are often passed on to buyers. Price-Watch™ analyses in its price assessments & market reports.

Regional price variations result from differences in feedstock costs, production capacity, logistics, energy prices, regulatory standards, and local demand. For instance, regions close to agricultural feedstock sources may enjoy lower prices. Price-Watch™ tracks prices across all major regions to highlight these differences.

The lactic acid price outlook depends on global economic conditions, agricultural feedstock prices, energy costs, and expanding demand for sustainable materials like PLA. Price-Watch™ regularly publishes detailed forecasts that project price movements for the next 12 months based on comprehensive analysis of supply additions, demand growth in key industries, seasonal patterns, and macroeconomic indicators. Our forecasts help businesses anticipate market conditions and plan accordingly.

Yes. Reliable forecasts help businesses plan procurement, optimize inventory, negotiate contracts, and manage budgets more effectively. If Price-Watch™ forecasts predict a price increase in three months, you might choose to stock up now or lock in long-term contracts at current rates, potentially saving thousands of dollars.

Global events such as extreme weather affecting crop yields, trade restrictions, supply chain disruptions, or geopolitical tensions can significantly impact lactic acid production and pricing. Events like the COVID-19 pandemic highlighted vulnerabilities in fermentation-based supply chains. Price-Watch™ provides timely alerts when such events affect the market.

Price-Watch™ collects data from manufacturers, distributors, and buyers worldwide to publish regular price assessments, market reports, and forecasts. Our transparent methodology and comprehensive coverage make us a trusted source for understanding fair pricing and market trends in the Lactic Acid industry.

Access Real-Time Lactic Acid Price Trends
Access Real-Time Lactic Acid Price Trends