For the Quarter Ending September 2025
North America
• In the United States, the Ca-Zn Stabilizers Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
• Producer input costs rose 2.6% year-over-year in August 2025, significantly impacting manufacturing expenditures.
• Consumer Price Index increased 3.0% year-over-year in September 2025, elevating raw material costs.
• Calcium carbonate, stearic acid, and zinc oxide feedstock costs increased in Q3 2025, raising production expenses.
• Automotive demand strengthened and new home sales surged in August 2025, supporting Ca-Zn Stabilizers demand.
• Retail sales grew 5.42% year-over-year in September 2025, indirectly boosting consumer goods demand.
• Industrial production increased only 0.1% year-over-year in September 2025, indicating weak demand from key sectors.
• Consumer confidence declined to 94.2 in September 2025, suggesting potential slowdown in PVC product demand.
Why did the price of Ca-Zn Stabilizers change in September 2025 in North America?
• Rising feedstock costs for calcium carbonate, stearic acid, and zinc oxide drove Ca-Zn Stabilizers price increases.
• Increased industrial electricity costs in August 2025 contributed to higher overall Ca-Zn Stabilizers production expenses.
• Stearic acid import delays in Q3 2025 tightened supply, further supporting the upward price trend.
APAC
• In China, the Ca-Zn Stabilizers Price Index fell quarter-over-quarter in Q3 2025, driven by weak industrial demand.
• Ca-Zn Stabilizers production costs faced pressure from fluctuating stearic acid and tight zinc ingot supplies.
• Sluggish PVC demand and a contracting construction sector in September 2025 impacted Ca-Zn Stabilizers.
• The Manufacturing Index contracting in September 2025 indicated reduced industrial activity.
• Industrial production expanded 6.5% year-on-year in September 2025, offering demand support.
• High PVC inventories in China through Q3 2025 contributed to a bearish outlook.
• Deflationary CPI (-0.3%) and PPI (-2.3%) year-on-year in September 2025 influenced pricing.
• Retail sales increased 3.0% year-on-year in September 2025, supporting consumer-related PVC demand.
• Consumer confidence at 89.6 and 5.2% unemployment in September 2025 dampened consumer spending.
Why did the price of Ca-Zn Stabilizers change in September 2025 in APAC?
• Contracting Manufacturing Index in September 2025 signaled weak industrial demand.
• Deflationary PPI (-2.3%) year-on-year in September 2025 pressured prices.
• PVC oversupply and elevated inventories in Q3 2025 created competitive pricing.
Europe
• In Germany, the Ca-Zn Stabilizers Price Index fell quarter-over-quarter, due to lower costs and subdued industrial demand.
• Ca-Zn Stabilizers production costs declined in Q3 2025, influenced by lower stearic acid and softening natural gas prices.
• Germany's industrial production decreased 1.0% in September 2025, dampening Ca-Zn Stabilizers demand.
• Producer prices fell 1.7% in September 2025, easing cost pressures for Ca-Zn Stabilizers manufacturers.
• The Consumer Price Index rose 2.4% in September 2025, indicating rising costs for PVC end-products.
• European PVC markets faced a significant supply surplus in 2025, impacting Ca-Zn Stabilizers demand outlook.
• German chemical production contracted in Q3 2025, aligning with a contracting Manufacturing Index.
• Retail sales increased 0.2% in September 2025, offering slight support for consumer-facing PVC applications.
• Germany's unemployment rate remained stable at 6.3% in September 2025, providing neutral support for demand.
Why did the price of Ca-Zn Stabilizers change in September 2025 in Europe?
• Producer prices fell 1.7% in September 2025, reducing Ca-Zn Stabilizers production costs.
• Industrial production declined 1.0% in September 2025, decreasing Ca-Zn Stabilizers demand.
• Stearic acid feedstock costs softened in Q3 2025, lowering Ca-Zn Stabilizers input expenses.
