For the Quarter Ending September 2025
North America
• In the United States, the Allantoin Price Index rose in Q3 2025, driven by rising producer costs and strong retail sales.
• Allantoin production costs faced upward pressure from urea feedstock and elevated natural gas prices in September 2025.
• Allantoin demand outlook was supported by accelerated beauty sales and increased pharmaceutical approvals in Q3 2025.
• The Allantoin Price Index was influenced by a 2.6 percent rise in producer prices ending August 2025.
• Consumer spending, with 5.42 percent retail sales growth in September 2025, bolstered allantoin demand.
• Industrial production grew 0.1 percent in September 2025, suggesting limited expansion in consuming sectors.
• Ample US urea inventories and improved import volumes balanced the market in Q3 2025.
• Consumer confidence declined to 94.2 in September 2025, dampening discretionary spending.
Why did the price of Allantoin change in September 2025 in North America?
• Producer Price Index rose 2.6 percent in August 2025, increasing manufacturing input costs.
• Retail sales increased 5.42 percent in September 2025, boosting demand for consumer products.
• Urea feedstock costs experienced modest upward pressure in Q3 2025, raising Allantoin production expenses.
APAC
• In China, the Allantoin Price Index fell quarter-over-quarter in Q3 2025, influenced by declining production costs and market overcapacity.
• Allantoin production costs trended lower in Q3 2025, driven by a significant downward trend in Chinese coal prices.
• Demand for Allantoin faced headwinds from a contracting Manufacturing Index in September 2025, signaling reduced industrial activity.
• Despite CPI at -0.3% in September 2025, retail sales grew 3.0%, supporting some consumer-driven Allantoin demand.
• The pharmaceutical sector thrived in Q3 2025, boosting Allantoin demand, alongside recovery in China's cosmetics market.
• Global chemical overcapacity, particularly from China, amplified in Q3 2025, exerting downward pressure on Allantoin prices.
• China's industrial production expanded 6.5% in September 2025, indicating increased output for Allantoin-containing products.
• Lower producer input costs, with PPI at -2.3% in September 2025, contributed to the downward trend in Allantoin prices.
• Consumer confidence remained low at 89.6 in September 2025, dampening discretionary spending on premium Allantoin products.
Why did the price of Allantoin change in September 2025 in APAC?
• Declining Chinese coal prices in Q3 2025 reduced urea feedstock costs, lowering Allantoin production expenses.
• Global chemical overcapacity from China intensified in Q3 2025, increasing market supply.
• Weak consumer confidence (89.6) and deflationary CPI (-0.3%) tempered overall demand.
Europe
• In Germany, the Allantoin Price Index fell quarter-over-quarter in Q3 2025, influenced by lower producer prices.
• Allantoin production costs faced upward pressure from increased urea feedstock and elevated natural gas prices in Q3 2025.
• Overall Allantoin demand outlook was subdued due to a contracting Manufacturing Index in Q3 2025.
• Industrial production declined by 1.0% in September 2025, reducing demand for chemical inputs like Allantoin.
• Retail sales rose modestly by 0.2% in September 2025, offering slight support for Allantoin in consumer-facing sectors.
• The German personal care market showed strengthened demand for natural and organic beauty products in Q3 2025.
• Urea inventories remained comfortable in Europe during Q3 2025, contributing to a subdued demand outlook.
• Germany's chemical exports weakened in Q3 2025, impacting overall market dynamics for Allantoin.
Why did the price of Allantoin change in September 2025 in Europe?
• Producer prices fell 1.7% in September 2025, driven by lower energy costs, reducing Allantoin production expenses.
• Industrial production declined 1.0% in September 2025, signaling weaker demand for chemical inputs like Allantoin.
• Elevated natural gas and urea feedstock costs in Q3 2025 pressured Allantoin manufacturing margins.
