Material Insights · Understanding the Material World

Citric acid: Trading

No public benchmark: how prices actually get found

What this tab covers How it is bought and sold: buyers and sellers, price benchmarks and who publishes them, exchanges, contract types, traders, how Indian buyers price it, recent price points, and good sources to follow.

Who buys, and where

  • China (Shandong, Anhui, Hubei)
  • Thailand
  • Europe for duty-protected supply

Who sells, and from where

  • Beverage and food makers
  • Detergent formulators
  • Pharma and personal care

Price benchmarks

BenchmarkPublisherBasis
Citric acid anhydrous FOB Chinatrade press and price reporters such as ChemAnalyst and IMARC (indicative)spot, weekly or monthly; mostly paid

Exchanges

VenueContractNotes
nonenot exchange-tradedMaize futures on Dalian and CBOT serve as feedstock hedges

Contract types

  • Annual or quarterly contracts with beverage majors
  • Spot purchases by smaller food makers through distributors

Traders and distributors

  • Distributors such as Brenntag and IMCD (indicative)
  • Chinese export trading houses

How Indian buyers price it

  • Import parity: Chinese FOB plus freight and Indian customs duty
  • Distributors resell in 25 kg bags to food and detergent makers

Recent price points

DatePriceBasisSource
2024-2025about $700-900/t (indicative)anhydrous FOB Chinaindicative; no public price reached

Good sources to follow

Faxian Gongchang China industry reportsfree research site · Faxian Gongchang

Chinese fermentation industry capacity, prices and policy

Indian Chemical Newsfree newsletter · Indian Chemical News

Indian specialty and food chemical company news

World Bank Commodity Markets (Pink Sheet)free research site · World Bank Prospects Group

Monthly maize and sugar prices behind citric acid costs