For the Quarter Ending September 2025
North America
• In the United States, the 2-Ethylhexyl Thioglycolate Price Index fell quarter-over-quarter in Q3 2025, driven by weak overall chemical demand.
• 2-Ethylhexyl Thioglycolate production costs faced upward pressure from a 3.0% CPI increase in September 2025 and a 2.6% PPI rise in August 2025.
• Weak industrial production, up only 0.1% year-over-year in September 2025, dampened 2-Ethylhexyl Thioglycolate demand outlook.
• Robust retail sales, increasing 5.42% year-over-year in September 2025, provided some support for 2-Ethylhexyl Thioglycolate demand.
• Abundant US PVC market inventories and sufficient upstream propylene levels contributed to a stable 2-Ethylhexyl Thioglycolate supply in Q3 2025.
• Softening North American chlorine prices in Q3 2025 offered some relief to 2-Ethylhexyl Thioglycolate production cost trends.
• US natural gas prices experienced a year-over-year uptick during Q3 2025, impacting 2-Ethylhexyl Thioglycolate energy feedstock costs.
• Declining consumer confidence to 94.2 in September 2025 suggested potential weakness for 2-Ethylhexyl Thioglycolate end-use demand.
Why did the price of 2-Ethylhexyl Thioglycolate change in September 2025 in North America?
• Overall chemical industry demand remained weak in Q3 2025, contributing to a downcycle.
• Rising production costs were indicated by 3.0% CPI in September 2025 and 2.6% PPI in August 2025.
• Abundant US PVC market inventories in Q3 2025 exerted downward pressure on 2-Ethylhexyl Thioglycolate.
APAC
• In China, the 2-Ethylhexyl Thioglycolate Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting manufacturing activity.
• The 2-Ethylhexyl Thioglycolate Price Forecast suggests continued pressure from weak industrial demand and overcapacity in Q4 2025.
• 2-Ethylhexyl Thioglycolate Production Cost Trend saw upstream feedstock prices like propylene and naphtha decline in Q3 2025.
• 2-Ethylhexanol feedstock costs, initially elevated early Q3 2025 due to tightness, moved lower through August.
• 2-Ethylhexyl Thioglycolate Demand Outlook faced headwinds from a contracting Manufacturing Index in September 2025.
• Industrial production expanded 6.5% year-on-year in September 2025, providing some support to demand for 2-Ethylhexyl Thioglycolate.
• Consumer Price Index decreased 0.3% year-on-year in September 2025, indicating deflationary pressures and weak consumer demand.
• Producer Price Index declined 2.3% year-on-year in September 2025, signaling reduced pricing power for producers.
• High inventory levels in related chemical markets contributed to competitive pressure on 2-Ethylhexyl Thioglycolate prices in Q3 2025.
• Retail sales increased 3.0% year-on-year in September 2025, indirectly boosting demand for consumer goods using 2-Ethylhexyl Thioglycolate.
Why did the price of 2-Ethylhexyl Thioglycolate change in September 2025 in APAC?
• Contracting Manufacturing Index in September 2025 reduced industrial activity, dampening 2-Ethylhexyl Thioglycolate demand.
• Declining Producer Price Index by 2.3% year-on-year in September 2025 indicated weak industrial demand.
• Softening upstream costs for propylene and naphtha in Q3 2025 eased production cost pressures.
Europe
• In Germany, the 2-Ethylhexyl Thioglycolate Price Index remained stable in Q3 2025, influenced by mixed cost and demand signals.
• Production costs faced pressure from high operating costs in Germany during Q3 2025, with September CPI at 2.4%.
• Upstream Propylene costs, a key input, experienced ongoing pressures in Europe throughout Q3 2025.
• Contracting manufacturing activity in Germany during Q3 2025 impacted 2-Ethylhexyl Thioglycolate demand.
• Industrial production in Germany declined 1.0% in September 2025, reducing demand for industrial chemicals.
• Producer prices fell 1.7% in September 2025, driven by lower energy costs, easing production expenses.
• Retail sales in Germany rose 0.2% in September 2025, slightly supporting consumer-facing 2-Ethylhexyl Thioglycolate applications.
• German chemical export volumes outside Europe declined significantly in Q3 2025, indicating weak international trade.
Why did the price of 2-Ethylhexyl Thioglycolate change in September 2025 in Europe?
• Lower producer prices, down 1.7% in September 2025, reduced operational expenses for manufacturers.
• Contracting manufacturing activity and declining industrial production in Q3 2025 suppressed overall demand.
• High operating costs, 2.4% CPI, and stable 6.3% unemployment in September 2025 provided mixed price influences.