For the Quarter Ending December 2025
Anthraquinone Prices in North America
- In United States, the Anthraquinone Price Index remained stable quarter-over-quarter in Q4 2025, supported by firm aromatics markets.
- Anthraquinone production costs increased in Q4 2025, influenced by a 3.0% PPI rise year-over-year in November 2025.
- Downstream demand for phthalic anhydride remained structurally weak in Q4 2025, impacting Anthraquinone demand outlook.
- Industrial production expanded by 2.0% year-over-year in December 2025, offering some underlying support for Anthraquinone demand.
- Retail sales grew by 3.3% year-over-year in November 2025, indirectly boosting demand for Anthraquinone-related consumer goods.
- Manufacturing businesses cautiously built inventories in December 2025, reflecting a measured approach to supply management.
- Trade and tariff uncertainty created volatility in Q4 2025, impacting Anthraquinone trade flows and export orders.
- The 2.7% year-over-year CPI increase in December 2025 indicated general inflation, raising Anthraquinone raw material costs.
Why did the price of Anthraquinone change in December 2025 in North America?
- Rising input costs, with a 3.0% PPI increase in November 2025, supported Anthraquinone prices.
- Firm gasoline and aromatics markets late in 2025 provided cost support, preventing price weakening.
- Weak downstream phthalic anhydride demand in Q4 2025 exerted downward pressure on Anthraquinone prices.
Anthraquinone Prices in APAC
- In China, the Anthraquinone Price Index remained stable in Q4 2025, influenced by mixed macroeconomic signals.
- Anthraquinone production costs increased during Q4 2025, driven by rising raw material costs in December.
- Anthraquinone demand was mixed in Q4 2025, with manufacturing activity fluctuating through December.
- Weak consumer demand, with CPI up 0.8% year-over-year in December 2025, limited Anthraquinone demand.
- Deflationary pressures, a 1.9% PPI decline year-over-year in December 2025, created pricing pressure for Anthraquinone.
- Industrial production grew 5.2% year-over-year in December 2025, supporting Anthraquinone demand in industrial applications.
- China's Manufacturing Index expanded in December 2025, indicating increased new orders and production for industrial inputs.
- A persistent supply surplus in the domestic benzene market in Q4 2025 contributed to an overall aromatics market overhang.
- Anthraquinone feedstock costs rose, with raw material input cost inflation accelerating in December 2025.
Why did the price of Anthraquinone change in December 2025 in APAC?
- Raw material input costs accelerated in December 2025, increasing Anthraquinone production expenses.
- A persistent benzene supply surplus in Q4 2025 pressured Anthraquinone prices downward.
- Weak consumer demand, with 0.8% CPI growth in December 2025, limited Anthraquinone demand.
Anthraquinone Prices in Europe
- In Germany, the Anthraquinone Price Index fell quarter-over-quarter in Q4 2025, influenced by contracting industrial activity in December 2025.
- Anthraquinone production costs showed mixed trends in Q4 2025; benzene feedstock costs remained suppressed throughout 2025.
- Electricity prices surged in Germany in late 2025, increasing overall Anthraquinone production expenses during the quarter.
- Anthraquinone demand remained subdued in Q4 2025, with the German pulp and paper sector showing weak demand.
- Industrial production in Germany inched up by 0.8% in October 2025, offering slight support to Anthraquinone demand.
- Consumer confidence registered -17.5 in December 2025, indicating pessimism and dampening demand for end-products.
- Abundant benzene supply in Europe throughout 2025, exacerbated by tariffs, contributed to suppressed feedstock costs.
- The Anthraquinone Price Index is forecast to remain stable to declining, given persistent industrial contraction in December 2025.
Why did the price of Anthraquinone change in December 2025 in Europe?
- Contracting industrial activity in Germany during December 2025 reduced overall demand.
- Producer Price Index declined by 2.5% in December 2025, indicating lower input costs and pricing pressure.
- Subdued demand from the German pulp and paper sector in Q4 2025 impacted consumption.
For the Quarter Ending September 2025
Anthraquinone Price in North America
- In United States, the Anthraquinone Price Index rose quarter-over-quarter in Q3 2025, driven by persistent cost inflation.
- Anthraquinone production costs increased due to a 3.0% year-over-year CPI rise in September 2025, impacting raw materials.
- Producer costs for Anthraquinone rose, indicated by a 2.6% year-over-year PPI increase in August 2025, affecting input expenses.
- Anthraquinone demand outlook faced headwinds from a 0.1% year-over-year industrial production increase in September 2025.
- Robust retail sales, up 5.42% year-over-year in September 2025, offered some support for Anthraquinone in consumer applications.
- Weakening consumer confidence, declining to 94.2 in September 2025, suggested reduced discretionary spending, impacting Anthraquinone demand.
- US phthalic anhydride supply tightened in 2025 due to a major producer's exit, increasing Anthraquinone feedstock costs.
- U.S. natural gas prices experienced a year-over-year uptick in September 2025, contributing to higher energy costs for Anthraquinone.
Why did the price of Anthraquinone change in September 2025 in North America?
- Anthraquinone production costs rose due to a 3.0% CPI increase in September 2025, affecting raw materials.
- Tightened US phthalic anhydride supply in 2025, a key feedstock, increased Anthraquinone production expenses.
- A 2.6% PPI increase in August 2025 indicated rising producer costs, impacting Anthraquinone's selling price.
Anthraquinone Price in APAC
- In China, the Anthraquinone Price Index softened quarter-over-quarter in Q3 2025, influenced by declining factory gate prices.
- Anthraquinone production costs generally softened in Q3 2025, driven by weaker phthalic anhydride feedstock prices due to oversupply.
- Anthraquinone demand outlook faced headwinds from a contracting Manufacturing Index in September 2025, signaling reduced industrial activity.
- Despite industrial production expanding 6.5% year-on-year in September 2025, overall chemical demand growth slowed.
- Consumer confidence at 89.6 in September 2025 indicated pessimism, impacting discretionary spending and Anthraquinone dye applications.
- Retail sales grew 3.0% year-on-year in September 2025, providing some support for Anthraquinone demand in the textile sector.
- Ample hydrogen peroxide inventories and benzene accumulation in Q3 2025 contributed to easing market prices.
- China's chemical industry continued to experience structural overcapacity in Q3 2025, contributing to a bearish market environment.
Why did the price of Anthraquinone change in September 2025 in APAC?
- Declining Producer Price Index of -2.3% in September 2025 indicated weak industrial demand and oversupply.
- A contracting Manufacturing Index in September 2025 signaled reduced new orders and overall industrial activity.
- Softening phthalic anhydride feedstock costs in Q3 2025, coupled with ample supply, eased production expenses.
Anthraquinone Price in Europe
- In Germany, the Anthraquinone Price Index fell quarter-over-quarter in Q3 2025, driven by weak industrial activity.
- Anthraquinone production costs showed a falling trend in Q3 2025, influenced by a -1.7% PPI in September 2025.
- The Anthraquinone demand outlook remained weak due to a Contracting Manufacturing Index in Q3 2025.
- Low European benzene feedstock costs throughout Q3 2025 supported lower Anthraquinone production expenses.
- Industrial production declined by -1.0% year-over-year in September 2025, significantly reducing Anthraquinone consumption.
- European natural gas prices moderated in Q3 2025, softening the energy feedstock context for Anthraquinone.
- Consumer spending faced pressure from a 2.4% CPI year-over-year in September 2025, impacting end-use demand.
- Retail sales grew modestly by 0.2% year-over-year in September 2025, offering slight support for consumer applications.
- The unemployment rate stood at 6.3% in September 2025, reflecting a stable but not strong labor market.
- Stabilizing consumer confidence in Q3 2025 suggests potential future demand uptick for Anthraquinone derivatives.
Why did the price of Anthraquinone change in September 2025 in Europe?
- Weak industrial activity and a Contracting Manufacturing Index reduced Anthraquinone demand.
- Production costs eased from a -1.7% PPI in September 2025 and low European benzene feedstock.
- Industrial production declined -1.0% year-over-year in September 2025, suppressing Anthraquinone consumption.
