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What is driving the recent price uptick for camphor in Chinese herbal markets?

Olivier Dupont
Published on 2026-08-29

What is driving the recent price uptick for camphor in Chinese herbal markets?
Chinese herbal market reports show camphor prices firming, with natural camphor quoted at CNY 38-50 per kg and synthetic at CNY 45-55 per kg, depending on the reporting period. The upward pressure stems from steady demand growth in downstream sectors—pharmaceuticals, daily chemicals, and industrial uses—while sellers adopt a bullish stance, holding back inventory. Market participants note brisk small-lot transactions, reflecting genuine offtake rather than speculative hoarding. Supply-side constraints are also visible: environmental enforcement has shuttered several synthetic camphor producers since 2017, leaving Qing Song (Qingsong) as the dominant player with roughly 79% of effective domestic capacity. This consolidation gives producers pricing power, supporting the recent price firmness.

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  • Sarah Mitchell 2026-08-30 16:12
    The price gap between natural and synthetic camphor is narrowing, which is unusual. Natural camphor's premium is shrinking as synthetic quality improves and buyers become more price-sensitive. If this trend holds, synthetic camphor could start displacing natural in premium applications like cosmetics and fragrances, where natural was previously preferred for purity claims.
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