| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Benzoic Acid | China | FOB | USD 834.06/MT | August 2026 |
| Benzoic Acid | India | CIF | USD 925.06/MT | August 2026 |
| Benzoic Acid | Germany | CIF | USD 948.06/MT | August 2026 |
| Benzoic Acid | Australia | CIF | USD 929.06/MT | August 2026 |
| Benzoic Acid | Brazil | CIF | USD 976.06/MT | August 2026 |
| Benzoic Acid | China | FOB | USD 815.92/MT | July 2026 |
| Benzoic Acid | India | CIF | USD 922.72/MT | July 2026 |
| Benzoic Acid | Germany | CIF | USD 949.54/MT | July 2026 |
| Benzoic Acid | Australia | CIF | USD 914.37/MT | July 2026 |
| Benzoic Acid | Brazil | CIF | USD 987.52/MT | July 2026 |
Stay updated with the latest Benzoic Acid prices, historical data, and tailored regional analysis
Asia
In China, Benzoic Acid averaged ~USD 880/MT in May and ~USD 863/MT in June, marking a ~2% decrease. Lower toluene, a primary upstream material, costs during Q2’26 reduced upstream cost pressure, while sufficient regional availability and cautious purchasing limited producers’ ability to raise offers. Buyers largely focused on immediate requirements, keeping inventory accumulation contained. Demand from preservatives, pharmaceuticals, resins, and chemical intermediates remained steady but lacked enough strength to offset softer cost conditions. In India, Benzoic Acid prices advanced from ~USD 947/MT in May to ~USD 951/MT in June, showing a marginal increase over the period. The limited price gain reflected a more balanced domestic market, with downstream requirements providing some support despite softer regional feedstock economics.
Europe
In Germany, the average price of Benzoic Acid was ~USD 973/MT in May against ~USD 985/MT in June. Upstream costs softened during the quarter, which reduced some upstream cost pressure. Reduced local production increased reliance on alternative supply and supported replacement costs in Central Europe. Benzoic Acid purchasing remained linked to pharmaceutical, preservative, resin, and specialty chemical applications, while weak construction and industrial activity limited broader chemical demand.
North America
In North America, Benzoic Acid market conditions remained relatively balanced during Q2’26. Lower toluene prices reduced upstream cost pressure, while higher refinery utilisation supported broader aromatics availability. Gasoline blending continued to influence aromatics economics, but its effect on Benzoic Acid was indirect. Demand from pharmaceuticals, food preservatives, resins, coatings, and other chemical applications provided a stable consumption base. However, moderate manufacturing activity and cautious procurement limited stronger demand growth.
Analyst Insight
According to Procurement Resource, Benzoic Acid prices are likely to remain dependent on regional supply availability and upstream aromatics costs, while steady but cautious downstream demand may keep movements moderate.
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Asia
Asian benzoic acid markets strengthened significantly during Q1’26 due to rising feedstock costs and constrained regional supply. In China, upstream costs, particularly Toluene, increased sharply by nearly ~29% between February and March as crude oil rallied, reduced refinery operating rates, lower import arrivals, and tightening availability elevated manufacturing expenses. Initial inventory replenishment before the Spring Festival supported procurement sentiment, while supply pressure intensified later as Middle East geopolitical tensions disrupted trade routes and increased marine freight costs. Demand from preservatives, coatings, plasticizers, and solvent sectors remained uneven, with downstream operating rates remaining relatively cautious despite higher costs.
Europe
European benzoic acid markets moved upward during Q1’26, supported by strong upstream aromatic cost pressure and constrained regional supply conditions. Feedstock costs increased by nearly ~26% between February and March as higher crude oil and naphtha values raised production expenses across the chemical industry. Reduced refinery operating rates and tighter import availability further supported market sentiment, while shipping disruptions linked to Middle East tensions increased replacement and logistics costs for imported cargoes. However, downstream demand from industrial preservatives, plasticizers, and solvent applications remained subdued amid weak manufacturing activity and cautious procurement behaviour.
North America
North American benzoic acid markets also witnessed a firm trend during Q1’26 as rising upstream energy and aromatic costs tightened overall market conditions. Refinery maintenance activity and reduced aromatics output constrained domestic availability, while global shipping disruptions and elevated freight rates limited import flexibility. Demand from food preservation, personal care, coatings, and chemical intermediate sectors remained stable, although purchasing activity stayed controlled due to elevated costs and uncertain downstream conditions.
Benzoic acid is a white crystalline solid organic compound with the chemical formula C6H5COOH. It is a naturally occurring acid found in various fruits and plant-based sources. As a carboxylic acid, benzoic acid has antimicrobial properties and is commonly used as a preservative in food, beverages, and cosmetics to inhibit the growth of bacteria, yeast, and mold. It is also utilized in the synthesis of various chemicals, pharmaceuticals, and as an intermediate in the production of other compounds.
C7H6O2
Solvents, Chemical intermediates, Polymers, Gasoline additive, Pharmaceuticals
Benzenecarboxylic acid, Carboxybenzene
Emerald Performance Materials, Wuhan Youji Industries Co., Tianjin Dongda Chemical Group, Liao Huayo Chemical Industry and Commerce Co.
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
This procedure involves the partial oxidation of toluene with oxygen. The reaction proceeds in the presence of naphthenates of either cobalt or manganese to give benzoic acid as the final product.
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