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Succinic Acid Price Trend and Forecast

UNSPC code: 12164502
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âźł Weekly Update
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Historical Data Since 2015
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Forecast for 2026

succinic acid Price Trends by Country

cnChina
inIndia
usUnited States
idIndonesia
trTurkey

Global succinic acid Spot Market Prices, Trend Analysis and Forecast

Price-Watch’s most active coverage of Succinic Acid price assessment:

  • (99.5% min) Industrial Grade FOB Shanghai, China
  • (99.5% min) Industrial Grade CIF Mersin (China), Turkey
  • (99.5% min) Industrial Grade CIF Houston (China), USA
  • (99.5% min) Industrial Grade CIF Jakarta (China), Indonesia
  • (99.5% min) Industrial Grade CIF Nhava Sheva (China), India

Succinic Acid Price Trend Q3 2025

In Q3 2025, Succinic Acid prices declined across key markets, with China seeing a 2.74% drop following a larger decline in Q2, due to weak domestic demand in pharmaceuticals and food additives. The USA saw a 4.69% decrease, driven by weaker demand for chemicals and pharmaceuticals.

Indonesia, Turkey, and India experienced price drops of 3.59%, 2.85%, and 0.96%, respectively, due to slow industrial recovery, economic instability, and high logistics costs. The outlook for Q4 remains cautious, with potential stabilization dependent on recovery in global demand and key sectors such as pharmaceuticals, automotive, and coatings.

USA

Succinic Acid import prices CIF Houston, USA, Grade (99.5% min) Industrial Grade.

According to PriceWatch, Through Q3 2025, Succinic Acid prices in the USA have declined by about 4.7%, extending the downward movement seen earlier with a 12.6% drop in Q2. The Succinic acid price trend in the US has been shaped by weaker domestic demand, particularly from the chemical and pharmaceutical sectors, which have faced reduced production schedules.

A stronger US Dollar has added further pressure on import prices from China. Although supply has remained steady, oversupply within the domestic market and elevated freight costs have weighed on overall sentiment. By September 2025, Succinic acid prices in the US have settled lower than in Q2, and the market has remained cautious, with any recovery likely to depend on a pickup in industrial activity.

China

Succinic Acid Export prices FOB Shanghai, China, Grade- (99.5% min) Industrial Grade.

In the third quarter of 2025, the pricing for Succinic Acid in China declined by approximately 2.7%, after a steep correction of around 12% in the previous quarter. The market seems to have stabilized recently, but demand overall remained soft particularly from the pharmaceutical and food additive segments. Some small improvement in Southeast Asian export inquiries prevented prices from declining further, while feedstock in particular maleic anhydride remained stable and provided some minor support.

By late September, Succinic acid prices in China have been lower than in the second quarter; however, there appeared to be some early signs of stability in pricing. Over the rest of 2025, any lingering price recovery will depend heavily on improvements in global demand and feedstock price movement in the upcoming quarters.

Indonesia

Succinic Acid import prices CIF Jakarta, Indonesia, Grade- (99.5% min) Industrial Grade.

Succinic Acid prices have declined by roughly 3.6% in Q3 2025 in Indonesia, after having already experienced a major decline in Q2. The decline in the price trend has stemmed mainly from lower activity in the automotive and textile sectors, which has softened overall demand. Imports from China have remained consistent, though a weaker Rupiah has added modest pressure on landed costs.

Constant supply chain disruptions and high freight rates have also created further barriers to any price recovery. By September 2025, Succinic Acid prices in Indonesia have shifted lower than Q2, and the forecast is still dependent on purchasing from better sectors, especially the Pharma sector, recovering in the near months.

Turkey

Succinic Acid import prices CIF Mersin, Turkey, Grade (99.5% min) Industrial Grade.

In Q3 2025, Succinic Acid prices in Turkey experienced a decline of 2.85%, following a sharper drop of 14.23% in Q2. The Succinic Acid price trend in Turkey was impacted by ongoing economic instability, which affected industrial production, particularly in the automotive and manufacturing sectors.

Despite competitive pricing from China, Turkey’s market faced pressure from weaker demand and currency devaluation, which increased the cost of imports. Succinic Acid prices in September 2025 showed a decrease compared to Q2. With inflationary pressures and logistical challenges continuing, the market remains uncertain, though a potential stabilization in demand could provide some relief in the upcoming quarter.

India

Succinic Acid import prices CIF Nhava Sheva, India, Grade (99.5% min) Industrial Grade.

In Q3 2025, Succinic Acid prices in India have experienced a minor decline of 0.96%, following the substantial 13.80% drop incurred in Q2. The succinic acid price trend in India remained relatively unchanged, with the pharmaceutical and food sectors maintaining stable demand, although the automotive and coatings sectors continued to struggle. Import prices from China remained competitive, aided by the more advantageous exchange rate.

In addition, some logistical challenges, such as elevated transportation costs, also inhibited price recovery. The prices of Succinic Acid in September 2025 have been lower than what it was in the previous quarter. The outlook for the next quarter is dependent upon the continued stability of both import prices and demand from the key sectors.

Succinic Acid Price Trend Analysis: Q2 2025

According to the PriceWatch, the average Succinic Acid price in China stood at 1192 USD per metric ton, reflecting a 12.99% drop from Q1 2025. This steep fall in prices marks a sharp downturn in the price trend after a milder 3.19% decline in the prior quarter.

The downward movement in the price trend was mainly triggered by weak feedstock maleic anhydride costs and oversupply in the Chinese Market. The price trend indicates sluggish demand from the global bioplastics and polyurethane sectors, particularly in the USA and TĂĽrkiye.

In the USA, prices dropped due to low procurement volumes from the green solvents Market. TĂĽrkiye faced reduced imports as local inventories remained high. Meanwhile, Indonesian buyers lowered their buying interest amid cheaper alternatives and off-season downstream activity. As per the price trend, high inventories and lower freight rates further pressured prices. Seasonal stagnancy added to the negative market sentiment across all three importing countries.

According to the PriceWatch, In Q2 2025, the Succinic acid CIF price for India saw a sharp 13.80% increase, reaching 1252 USD per metric ton. This increase was driven by stronger demand from the automotive and pharmaceutical sectors, which experienced a seasonal uptick in activity.

Feedstock availability in China was slightly tighter due to production constraints, leading to higher prices. The Chinese export market faced some tightening, particularly with higher production costs, contributing to the upward trend in prices.

India’s demand saw a significant rebound, particularly with the onset of the summer season, which boosted consumption in various industries. Compared to Q1, where the market was slower, Q2 showed a positive price shift as industries in India prepared for increased production and consumption. This price jump indicates a recovering market with improving economic sentiment, positioning the market for a potentially stronger Q3 2025.

In Q1 2025, Succinic Acid prices in China experienced a 3.19% decline, settling at USD 1370/MT. This decrease was mainly attributed to weaker demand from key industries such as flavors, fragrances, and coatings, which had seen peak demand periods earlier. In addition, broader global market conditions remained sluggish, leading to lower import volumes.

Despite steady production rates, the market faced an oversupply situation, which further put downward pressure on prices. Even though producers adjusted production levels, the overall sentiment remained cautious, and the supply-demand imbalance kept prices under pressure.

In Q1 2025, the CIF price of Succinic Acid at Nhava Sheva (China) saw a decline of 2.98%, reaching USD 1452/MT. This decrease was largely attributed to weaker demand from key downstream sectors such as food and beverage, bioplastics, and cosmetics and detergents, which led to reduced import volumes.

Additionally, increased competition from other suppliers, coupled with ongoing market conditions, put downward pressure on prices. The price drop followed the overall market trend of subdued demand and excess supply, creating a challenging market environment.

Succinic Acid Price Trend Analysis: Q4 2024

Succinic Acid prices in China saw a modest drop of 0.35% in Q4 2024, reaching USD 1415/MT. This minor decline was mainly due to a seasonal slowdown in demand following strong market activity in previous quarters. Despite stable production levels, reduced consumption in sectors such as food & beverages, personal care, and automotive led to higher inventory levels.

This oversupply situation in the market triggered slight price adjustments. Though the decrease was limited, the market remained sensitive to fluctuations in demand and supply, with conditions continuing to evolve based on changing consumption patterns.

In Q4 2024, the CIF price of Succinic Acid at Nhava Sheva (China) dropped marginally by 0.15%, settling at USD 1496/MT. The limited price decrease reflected a relatively stable market despite the ongoing seasonal slowdown in demand after the peak periods of earlier quarters.

While production levels remained steady, the lower demand and higher inventory levels contributed to slight oversupply, limiting price movement. The relatively small price drop indicated the market’s attempt to balance these dynamics.

 

In Q3 2024, Succinic Acid prices in China dropped by 1.93%, settling at USD 1420/MT. This decline was primarily driven by a slight reduction in demand from major industries like flavors, fragrances, coatings, and pharmaceuticals. While some seasonal demand persisted, overall consumption softened during the quarter.

Production remained stable, but the accumulation of excess inventory created pressure on prices. Despite these challenges, the price decrease remained moderate, indicating a balanced supply-demand situation with limited market volatility.

In Q3 2024, Succinic Acid prices experienced a slight decrease of 0.80%, settling at USD 1499/MT at CIF Nhava Sheva (China). This decline was largely due to a moderation in demand from key industries such as industrial chemicals, pharmaceuticals, solvents, and paints and inks. While there was some seasonal demand, it was not sufficient to absorb the available supply, leading to a slight oversupply situation in the market.

Additionally, production levels remained stable, but there were no significant supply constraints to tighten the market. As a result, the price adjustment reflected the balance between stable supply and reduced demand during the quarter.

During Q2 2024, Succinic Acid prices in China saw a more notable decline of 4.99%, reaching USD 1448/MT. This price drop was driven by reduced demand across sectors such as flavors, fragrances, and coatings, which often experience seasonal fluctuations.

As manufacturers scaled back orders and inventory levels built up, an oversupply situation emerged, putting further pressure on prices. With little recovery in sight due to the lack of significant demand increases, the market struggled to stabilize, contributing to the more substantial decline in prices.

In Q2 2024, Succinic Acid prices at CIF Nhava Sheva (China) decreased by 4.38%, settling at USD 1511/MT. This decline was primarily driven by a slowdown in demand from key sectors such as bioplastics, cosmetics and personal care, and perfumes and flavors. While there was some seasonal demand, it was not enough to offset the weaker-than-expected consumption across these industries.

Additionally, production remained stable, but without significant supply constraints, the market faced an oversupply situation. As a result, the price drop reflected the imbalance between steady supply levels and softer demand during the quarter.

In Q1 2024, Succinic Acid prices in China fell by 5.81%, reaching USD 1524/MT. This sharp decline was largely driven by weaker demand from key sectors like food & beverages (flavors), personal care (fragrances), and coatings. After a peak demand period in late 2023, many industries reduced their purchasing activities in Q1, leading to a drop in prices.

Combined with steady production levels and an accumulation of inventory from the previous quarter, these factors put additional downward pressure on prices. The overall market condition highlighted a temporary imbalance between supply and demand, resulting in lower pricing trends.

In Q1 2024, the CIF price of Succinic Acid at Nhava Sheva (China) dropped by 3.66%, settling at USD 1580/MT. This decline was due to weaker demand, primarily from the flavors, fragrances, and coatings industries, after the peak season in late 2023.

The buildup of inventory by downstream producers reduced the need for new imports, and a steady supply of feedstocks further pressured the market, contributing to the price drop. Despite this, the overall market condition showed a balancing of supply and demand, maintaining a relatively stable price range.

Technical Specifications of Succinic Acid Price Trends

Product Description

Succinic acid is a white, odourless crystalline powder with a distinct acidic taste. It’s a versatile dicarboxylic acid used in pharmaceuticals, food additives (as a sequestrant, buffer, and flavour enhancer), and as an intermediate in the production of various other chemicals and products like lacquers, perfume esters, and biodegradable polymers.

Identifiers and Classification:

  • CAS No -110-15-06
  • HS Code – 29171930
  • Molecular Formula – Câ‚„H₆Oâ‚„
  • Molecular Weight (in gm/mol) – 118.09


Succinic Acid Synonyms:

  • Butanedioic Acid
  • Amber Acid
  • 1,4-Butanedioic acid
  • 1,2-Ethanedicarboxylic acid


Succinic Acid Grades Specific Price Assessment:

  • (99.5% min) Industrial Grade


Succinic Acid Global Trade and Shipment Terms

  • Quotation Terms (Product & Country Specific): 25-28 MT
  • Packaging Type (Product & Country Specific): 25 Kg Bags


Incoterms Referenced in Succinic Acid Price Reporting

Shipping Term  Location  Definition 
FOB China  Shanghai, China  Succinic Acid Export price from China 
CIF Nhava Sheva (China)  Nhava Sheva, India  Succinic Acid import price in India from China 
CIF Houston (China)  Houston, USA  Succinic Acid import price in USA from China 
CIF Jakarta (China)  Jakarta, Indonesia  Succinic Acid import price in Indonesia from China 
CIF Mersin (China)  Mersin, Turkey  Succinic Acid import price in Turkey from China 

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

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

Key Succinic Acid Manufacturers

Manufacturer 
Shandong Longze Chemical Co.Ltd. 
Fengchen Group 
Anhui Sunsing Chemicals Co.,Ltd 
Ensince Industry Co, ltd.  

Succinic Acid Industrial Applications

succinic acid market share end use

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

  • 2021 Supply Chain Disruptions: Following the pandemic, many industries faced ongoing supply chain challenges, including shortages of key raw materials and logistical issues. This led to increased Succinic Acid prices due to constrained supply amid recovering demand.
  • COVID-19 Pandemic: The global pandemic led to widespread disruptions in production and supply chains, causing significant fluctuations in Succinic Acid prices. Initial drops in demand during lockdowns were followed by supply shortages as markets began to recover in late 2020.
  • 2017 Chinese Environmental Regulations: In 2017, China implemented stringent environmental regulations that led to the temporary shutdown of many chemical plants, significantly affecting Succinic Acid supply. The resulting supply constraints caused a spike in prices as producers struggled to meet demand.
  • 2015-2016 Global Oil Price Collapse: The dramatic decline in crude oil prices during this period led to decreased costs for feedstocks like fumaric acid, which are essential for Succinic Acid production. This contributed to a temporary decrease in Succinic Acid prices as production costs fell.

Why PriceWatch?

PriceWatch is your trusted resource for tracking global succinic acid price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the succinic 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 succinic acid prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely succinic acid market data.

Track PriceWatch's succinic 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 Succinic Acid production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.
  • Supply Chain Monitoring: We track the entire Succinic Acid supply chain, from raw material availability 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 Succinic 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 Succinic 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., plastics, fragrances, pharmaceuticals), to predict shifts in Succinic Acid demand and corresponding price movements.

Production Capacity and Supply Analysis

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

Succinic 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 succinic 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.

Succinic Acid pricing is primarily influenced by the cost of raw materials, particularly fumaric acid, which is essential for its production. Fluctuations in crude oil prices can also affect the cost of feedstocks like fumaric acid. Additionally, demand from various industries including food and beverage, bioplastics, pharmaceuticals, and cosmetics and detergents, plays a crucial role in shaping price trends. Supply chain disruptions, transportation costs, and changes in environmental regulations or trade policies also contribute to pricing volatility. Procurement heads should monitor these factors closely to make informed purchasing decisions.

The availability of key feedstocks, such as fumaric acid, is critical for determining Succinic Acid prices. Any disruptions in the supply of these feedstocks, whether caused by natural disasters, political instability, or shifts in production capacity, can lead to increased Succinic Acid prices. Conversely, improvements in feedstock production or an oversupply of raw materials may lead to price reductions. Procurement teams should stay updated on feedstock market trends to anticipate potential price movements and manage costs effectively.

Succinic Acid prices can vary by region due to differences in feedstock availability, local production capacities, and regional demand. Areas with well-established petrochemical industries, such as North America and Asia, generally experience competitive pricing due to abundant production capacity and lower transportation costs. In contrast, regions with limited manufacturing facilities may face higher prices. Procurement teams should analyse regional price trends and consider factors like local supply availability, transportation costs, and potential partnerships with local suppliers to optimize sourcing strategies and ensure cost efficiency.

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