For the Quarter Ending September 2025
North America
• In United States, the 3-Methyl-3-Penten-2-One (MPO) Price Index fell quarter-over-quarter in Q3 2025, influenced by easing feedstock costs.
• MPO production costs softened in Q3 2025 due to lower Acetaldehyde and Methyl Ethyl Ketone feedstock prices.
• The MPO demand outlook was mixed, with strong fragrance sales contrasting weak overall chemical demand in Q3 2025.
• Ample U.S. inventories of Methyl Ethyl Ketone and Acetaldehyde exerted downward pressure on MPO pricing in Q3 2025.
• U.S. industrial production increased by a weak 0.1% year-over-year in September 2025, limiting MPO demand growth.
• Consumer confidence declined to 94.2 in September 2025, indicating weakening optimism and impacting MPO demand.
• Retail sales increased by 5.42% year-over-year in September 2025, supporting MPO demand in consumer-facing applications.
• The 3.0% CPI year-over-year in September 2025 suggested inflationary pressures on MPO production costs.
• Elevated Methyl Ethyl Ketone imports from Asia contributed to MPO price pressure during Q3 2025.
Why did the price of 3-Methyl-3-Penten-2-One (MPO) change in September 2025 in North America?
• Acetaldehyde and Methyl Ethyl Ketone feedstock costs eased in Q3 2025, reducing MPO production expenses.
• Ample inventories of key feedstocks and elevated MEK imports contributed to competitive MPO pricing.
• Weak overall chemical demand and a slight industrial production increase limited MPO price support.
APAC
• In China, MPO Price Index fell quarter-over-quarter in Q3 2025, influenced by weak consumer confidence.
• MPO demand was bearish due to -0.3% CPI year-on-year in September 2025, reducing purchasing power.
• MPO production costs trended downwards as raw material input prices eased in September 2025.
• The Manufacturing Index contracted in September 2025, signaling reduced industrial activity for MPO.
• Retail sales increased 3.0% year-on-year in September 2025, supporting MPO in personal care.
• Overall chemical overcapacity persisted in China throughout 2025, elevating MPO inventory levels.
• Petrochemical feedstock prices, including ethylene, propylene, and benzene, held steady in early Q3 2025.
• Unemployment at 5.2% and Consumer Confidence at 89.6 in September 2025 dampened MPO demand.
Why did the price of 3-Methyl-3-Penten-2-One (MPO) change in September 2025 in APAC?
• Consumer confidence at 89.6 in September 2025 reduced discretionary spending on MPO products.
• Manufacturing Index contracted in September 2025, signaling decreased industrial production and MPO demand.
• Raw material input prices for manufacturing eased in September 2025, lowering MPO production costs.
Europe
• In Germany, the 3-Methyl-3-Penten-2-One (MPO) Price Index fell quarter-over-quarter in Q3 2025, driven by weak industrial demand.
• MPO production costs decreased due to a -1.7% year-over-year fall in producer prices in September 2025.
• Overall MPO demand faced challenges from a contracting Manufacturing Index in Q3 2025.
• Industrial production declined -1.0% year-over-year in September 2025, impacting MPO demand.
• High energy costs burdened the European chemical industry in 2025, with natural gas prices elevated.
• Domestic passenger car production increased in Germany in Q3 2025, supporting MPO automotive demand.
• Retail sales in Germany rose by 0.2% year-over-year in September 2025, indicating stable consumer spending.
• The Consumer Price Index increased 2.4% year-over-year in September 2025, suggesting rising general operational costs.
• Germany's unemployment rate remained stable at 6.3% in September 2025, reflecting neutral broader economic activity.
Why did the price of 3-Methyl-3-Penten-2-One (MPO) change in September 2025 in Europe?
• MPO production costs fell due to a -1.7% PPI decrease in September 2025.
• Contracting Manufacturing Index and -1.0% industrial production weakened MPO demand.
• Despite stable retail sales, overall industrial weakness pressured MPO prices.