Financial & Legal

Glyoxylic Acid Pricing decreased in the American market at the end of the fourth quarter of 2022, following a price rise at the start of the quarter. At the beginning of Q4, the prices rose on the back of rising upstream nitric Acid costs. The exports from China were disrupted as a result of covid restrictions at major ports of key provinces, which contributed to the rise in Glyoxylic Acid prices in the US at the start of Q4 2022. The price of Glyoxylic Acid declined to the end of Q4 2022 and was recorded at roughly USD 1823/MT in the American market.

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