For the Quarter Ending September 2025
North America
• In United States, the Antifoam Price Index rose quarter-over-quarter in Q3 2025, driven by escalating production costs.
• Antifoam production costs increased due to a 2.6% year-over-year rise in PPI in August 2025, impacting manufacturers.
• US base oil prices strengthened and methanol prices surged in Q3 2025, elevating Antifoam feedstock expenses.
• A 3.0% year-over-year CPI increase in September 2025 raised raw material and energy costs for Antifoam.
• Antifoam demand was subdued by a marginal 0.1% year-over-year industrial production increase in September 2025.
• Robust 5.42% year-over-year retail sales growth in September 2025 supported Antifoam demand in consumer goods.
• Domestic base oil inventories tightened in Q3 2025, contributing to supply constraints for Antifoam feedstocks.
• The US water and wastewater treatment market experienced growth in 2025, boosting Antifoam demand.
Why did the price of Antifoam change in September 2025 in North America?
• In September 2025, Antifoam prices in North America saw mild downward pressure primarily due to softening downstream consumption, as overall demand slipped by 0.1%.
• End-use industries such as food processing, pharmaceuticals, pulp & paper, water treatment, and lubricants operated with lean procurement strategies, drawing from existing inventories instead of placing fresh bulk orders.
Europe
• In Germany, the Antifoam Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting industrial activity.
• Antifoam production costs faced upward pressure from a 2.4% CPI increase in September 2025 and strengthened energy costs.
• Demand for Antifoam weakened as Germany's Manufacturing Index contracted in Q3 2025, reflecting reduced industrial output.
• Industrial production declined 1.0% in September 2025, directly impacting Antifoam consumption across various sectors.
• The Antifoam demand outlook remains subdued due to softened chemical product demand in July 2025.
• Producer prices for industrial products decreased 1.7% year-over-year in September 2025, partly due to lower energy prices.
• Retail sales rose 0.2% in September 2025, offering marginal support for Antifoam demand in consumer goods.
• The unemployment rate remained stable at 6.3% in September 2025, indicating a subdued economic environment.
• Antifoam price forecast suggests stability to slight decline, given weak demand and mixed production cost pressures.
Why did the price of Antifoam change in September 2025 in Europe?
• Industrial production declined 1.0% in September 2025, reducing overall demand for Antifoam.
• Producer prices for industrial products decreased 1.7% year-over-year in September 2025.
• The Consumer Price Index rose 2.4% in September 2025, indicating rising input costs.
APAC
• In China, the Antifoam Price Index fell quarter-over-quarter in Q3 2025, due to weak industrial demand and declining feedstock costs.
• Antifoam production costs decreased in Q3 2025, driven by a sharp decline in silicon metal feedstock costs.
• Industrial production increased 6.5% year-over-year in September 2025, providing some support for Antifoam demand.
• However, the Manufacturing Index was contracting in September 2025, indicating a slowdown in overall manufacturing activity.
• Consumer confidence remained pessimistic at 89.6 in September 2025, dampening Antifoam demand in consumer-facing applications.
• Retail sales rose 3.0% year-over-year in September 2025, supporting Antifoam demand in consumer goods manufacturing.
• The broader chemical industry faced persistent overcapacity in Q3 2025, pressuring Antifoam prices downward.
• Antifoam price forecast suggests continued pressure from weak industrial pricing power and ample market supply.
Why did the price of Antifoam change in September 2025 in APAC?
• Producer Price Index declined 2.3% year-over-year in September 2025, signaling weak industrial demand.
• Silicon metal upstream costs sharply declined in Q3 2025, reducing Antifoam production expenses.
• The Manufacturing Index was contracting in September 2025, indicating reduced overall industrial activity.
