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Lactic Acid Price Trend and Forecast

UNSPC code: 51241228
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⟳ Weekly Update
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Historical Data Since 2015
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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

Lactic Acid Price Trend Q3 2025

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.

USA

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.

Lactic Acid Price Trend Analysis: Q2 2025

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 PriceWatch?

PriceWatch 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, 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 lactic acid prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely lactic acid market data.

Track PriceWatch'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.

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data for Lactic Acid from a variety of sources, including global commodity markets, industry reports, and proprietary databases. This ensures our pricing assessments reflect the most up-to-date market conditions.
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including Lactic Acid producers, suppliers, traders, and end-users in major production hubs like China and Thailand. This localized intelligence is essential for understanding market dynamics specific to each region.
  • Supply Chain Monitoring: We track the entire Lactic Acid supply chain, from raw material availability (e.g., Starch, Molasses, etc.) to production and distribution networks. This includes monitoring feedstock prices, production capacities, and logistical challenges to provide a complete view of the market.

Event Tracking and Impact Analysis​

  • Geopolitical and Trade Developments: PriceWatch monitors global geopolitical events, such as trade policies and tariffs, that may impact Lactic Acid prices, particularly in key markets like China and Thailand. We assess how disruptions in trade and regulatory shifts influence the supply-demand balance.
  • Environmental and Agricultural Factors: Natural disasters and climate events, such as floods or droughts, can significantly impact Lactic Acid production, especially in regions where agriculture is central to feedstock supply. We evaluate how these events affect pricing and market availability.
  • Shifts in Consumer Preferences and Regulations: With growing demand for biodegradable plastics and eco-friendly products, regulatory changes and consumer trends are closely monitored. These shifts have a direct impact on Lactic Acid demand, especially in sectors like packaging and bioplastics.

Production Capacity and Supply Analysis

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

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides a detailed analysis of Lactic Acid demand trends across key sectors such as food, beverages, and bioplastics. We track year-on-year demand growth and project future consumption based on economic indicators and industry-specific developments.
  • Global Demand Dynamics: Our methodology also accounts for regional demand variations and their impact on global pricing. We analyse the effects of shifting production bases, trade policies, and sustainability regulations on global Lactic Acid demand.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch uses advanced econometric models to forecast Lactic Acid prices. These models incorporate real-time data, historical trends, and projected market conditions, continuously refining their 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, enabling our clients to prepare for a wide range of possible market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that cover current Lactic Acid price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to provide actionable insights and clear recommendations for decision-making.
  • Ongoing Support: PriceWatch offers continuous updates and personalized client support, ensuring our clients have access to the latest information. Our experts are available to discuss specific market developments and provide tailored advice to help navigate market trends.

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

Lactic 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 lactic 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.

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.

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