For the Quarter Ending December 2025
APAC
• In China, the Carbonyl Iron Price Index rose by 0.45% quarter-over-quarter, reflecting marginally tighter supply and stronger export enquiries.
• The average Carbonyl Iron price for the quarter was approximately USD 7146.67/MT, based on reported quarterly volume-weighted FOB metrics.
• Carbonyl Iron Spot Price movements were subdued as exporters managed offers amid moderate inventories and steady order patterns.
• Carbonyl Iron Price Forecast indicates mild upside near term if power curtailments persist, but limited upside otherwise.
• Carbonyl Iron Production Cost Trend benefited from lower iron-ore fines, partially offset by higher compliance and particulate-control expenses.
• Carbonyl Iron Demand Outlook remains balanced with consistent electronics and automotive offtake supporting steady monthly export bookings.
• Price Index readings reflected two-week inventory cover at coastal warehouses, tightening merchant availability and firming seller confidence.
• Major producers maintained near-nameplate rates, aside from smaller mills reducing runs for environmental compliance inspections.
Why did the price of Carbonyl Iron change in December 2025 in APAC?
• Winter power curtailments and particulate inspections reduced mid-scale mill run-times, marginally tightening exportable merchant availability.
• Stronger export enquiries from Vietnam, India increased demand for automotive, powder-metallurgy applications, supporting pricing.
• Moderate Qingdao inventories and efficient port operations prevented logistics bottlenecks, enabling exports and price resilience.
North America
• In the USA, the Carbonyl Iron Price Index rose by 0.15% quarter-over-quarter, reflecting measured procurement
• The average Carbonyl Iron price for the quarter was approximately USD 7268.33/MT, reflecting inventory tightness
• Carbonyl Iron Spot Price showed movement as two-week New York inventory cover supported stable bids
• Carbonyl Iron Price Forecast signals firmness as thin spot stocks allow exporters to maintain premia
• Carbonyl Iron Production Cost Trend eased as European natural-gas-linked feedstock costs softened, reducing export pressure
• Carbonyl Iron Demand Outlook remained steady with defense electronics and nutraceutical restocking supporting measured offtake
• Importers scheduled normalized shipments, keeping procurement measured and supporting the Carbonyl Iron Price Index stability
• Balanced distributor inventories and Atlantic port operations limited urgency, preventing sharp premiums on imported volumes
Why did the price of Carbonyl Iron change in December 2025 in North America?
• High operating rates in Germany and Japan tightened landed supply, prompting exporters to raise offers
• End-of-year restocking by defense and nutraceutical buyers reduced thin free-trade stock, supporting upward price pressure
• Lower trans-Pacific freight relieved logistics costs, but exporter premia and limited local stocks outweighed relief.
Europe
• In Europe, the Carbonyl Iron Price Index recorded a modest quarter-over-quarter increase, reflecting slightly tighter availability and steady export demand.
• The average Carbonyl Iron price for the quarter was approximately USD 7,180.00/MT, based on reported FOB assessments at major ports such as Hamburg, Rotterdam, and Antwerp.
• Carbonyl Iron Spot Price movements remained subdued as distributors managed offers amid balanced warehouse inventories and consistent order flows.
• Carbonyl Iron Price Forecast indicated mild upside potential in the near term if energy constraints or environmental compliance measures impacted smaller producers, otherwise range-bound.
• Carbonyl Iron Production Cost Trend showed moderate upward pressure from energy and regulatory compliance expenses, offset by steady feedstock costs.
• Carbonyl Iron Demand Outlook remained stable, with electronics, automotive, and powder metallurgy segments providing consistent procurement support.
• Price Index readings reflected two-week inventory coverage at coastal and inland warehouses, maintaining firm seller confidence despite moderate stock levels.
• Major European producers maintained near-nameplate operating rates, while smaller units adjusted output to meet environmental inspection schedules.
Why did the price of Carbonyl Iron change in December 2025 in Europe?
• Energy cost fluctuations and environmental inspection schedules marginally restricted production at mid-scale mills, tightening merchant availability.
• Steady export enquiries from automotive and electronics end-users increased procurement urgency, supporting price firmness.
• Balanced warehouse inventories and predictable inland logistics ensured reliable supply, preventing sharp volatility and sustaining Price Index resilience.
For the Quarter Ending September 2025
North America
• In the USA, the Carbonyl Iron Price Index fell by 0.31% quarter-over-quarter, reflecting subdued demand.
• The average Carbonyl Iron price for the quarter was approximately USD 7257.33/MT, and steady procurement.
• Carbonyl Iron Spot Price remained range-bound as import arrivals met pharmaceutical and nutraceutical consumption demand.
• Carbonyl Iron Price Forecast projects firmness into Q4 driven by replenishment ahead of autumn production.
• Carbonyl Iron Production Cost Trend remained muted as feedstock availability and freight stability constrained increases.
• Carbonyl Iron Demand Outlook indicates steady pharmaceutical and nutraceutical offtake sustaining production without speculative purchasing.
• Carbonyl Iron Price Index dynamics reflected balanced inventories, uninterrupted export schedules, and disciplined importer restocking.
• Export demand and distributor replenishment supported orderly trading, allowing suppliers to keep offers firm overall.
Why did the price of Carbonyl Iron change in September 2025 in North America?
• Balanced import volumes and inventories reduced urgency, curbing spot buying and limiting September price pressure.
• Stable feedstock availability and efficient logistics prevented cost-push inflation despite seasonal procurement adjustments among formulators.
• Subdued downstream offtake from supplements and pharmaceuticals constrained demand, producing marginal price decline in September.
APAC
• In China, the Carbonyl Iron Price Index rose by 0.28% quarter-over-quarter, reflecting stable production and steady demand.
• The average Carbonyl Iron price for the quarter was approximately USD 7115/MT, supported by balanced inventories domestically.
• Carbonyl Iron Spot Price remained firm as disciplined buying and predictable pharmaceutical formulations sustained monthly procurement schedules.
• Carbonyl Iron Price Forecast indicates modest upward bias into Q4 as exporters tighten spot availability.
• Carbonyl Iron Production Cost Trend showed limited pressure as feedstock availability and energy expenses remained stable.
• Carbonyl Iron Demand Outlook remains steady with pharmaceutical and nutraceutical schedules driving predictable, programmatic offtake volumes.
• Carbonyl Iron Price Index stability reflected efficient Qingdao logistics, balanced stocks and consistent international enquiries from formulators.
• Major producers ran without disruption, maintaining supply continuity which limited volatility and supported orderly market trading.
Why did the price of Carbonyl Iron change in September 2025 in APAC?
• Steady production and uninterrupted feedstock supply maintained availability, preventing upward pressure on the Price Index.
• Balanced inventories and cautious procurement limited spot buying, keeping the Price Index largely steady regionally.
• Efficient Qingdao logistics and steady export enquiries ensured timely deliveries, supporting stability and limited volatility.
Europe
• In Germany and wider EU import hubs, the Carbonyl Iron Price Index rose by ~0.15% quarter-over-quarter, reflecting steady pharmaceutical procurement and balanced imports.
• The average Carbonyl Iron price for the quarter was approximately USD 7,200/MT for CFR Rotterdam imports (conservative estimate based on regional spreads).
• Carbonyl Iron Spot Price remained firm-to-range-bound as regular tendering from formulators matched scheduled import arrivals.
• Carbonyl Iron Price Forecast indicates mild firmness into Q4 as seasonal replenishment and programmatic pharma demand support values.
• Carbonyl Iron Production Cost Trend showed limited upward pressure; precursor/feedstock availability and stable energy costs contained cost pass-through.
• Carbonyl Iron Demand Outlook stays steady with pharmaceuticals and nutraceuticals driving predictable, contract-based offtake rather than speculative buying.
• Balanced warehouse stocks and reliable port operations across Rotterdam and Hamburg limited volatility and supported orderly market trading.
• Major European distributors maintained disciplined restocking and regular shipments from origins, keeping supply continuity and price stability.
Why did the price of Carbonyl Iron change in September 2025 in Europe?
• Scheduled pharmaceutical procurement and balanced import arrivals maintained steady demand, producing only modest upward pressure.
• Stable feedstock availability and efficient logistics kept production costs contained, preventing sharp price moves.
• Disciplined distributor restocking and comfortable inventories limited urgent spot buying, keeping the Price Index largely stable.
For the Quarter Ending June 2025
North America
• The Carbonyl Iron Spot Price Index in North America witnessed mild upward movement during Q2 and closed June at USD 7,315/MT (CFR New York). It reflected 0.41% price increase from May.
• The Carbonyl Iron Price Forecast suggests continued stability with a marginally bullish tone that was supported by disciplined procurement from pharmaceutical and nutraceutical sectors.
• Stable Carbonyl Iron Production Cost Trends were maintained due to uninterrupted supply from key exporting nations, especially China, which continued dispatches without operational delays or raw material bottlenecks.
• U.S. importers practiced disciplined inventory management to avoid speculative restocking and aligned their purchases with routine demand cycles.
• Efficient inland logistics and smooth port operations at New York ensured no congestion, helping maintain shipment regularity despite intermittent global freight rate fluctuations.
• Consistent Carbonyl Iron Demand Outlook was underpinned by steady off-take for OTC iron supplements, prenatal formulations, and daily multivitamin manufacturing throughout Q2.
• The price increases in April (+0.56%), May (+0.62%) and June (+0.41%) were driven by healthy inventory turnover, ongoing replenishment ahead of potential trade policy shifts, and firm consumption patterns.
• Despite no promotional activity or seasonal push, baseline demand remained structurally sound, with demand from generic pharmaceutical manufacturers and contract formulators anchoring the market.
• Prices are expected to remain stable or show a mild increase in July due to continued strong domestic demand, lean inventories, and uninterrupted overseas supply that together reinforce the current firm price sentiment.
Asia Pacific (China, FOB Qingdao)
• The Carbonyl Iron Spot Price Index in China showed modest fluctuation during Q2, with prices declining by 0.54% in April, then rising 0.71% in May, and stabilizing with a 0.07% increase in June, reaching USD 7,115/MT (FOB Qingdao).
• The Carbonyl Iron Price Forecast for Q3 signals price stability with slight upward bias, as global demand improves ahead of wellness product launches and fortified nutrition campaigns.
• Carbonyl Iron Production Cost Trends stayed flat throughout Q2, supported by unbroken feedstock availability, steady plant utilization, and no raw material shortages across key Chinese production hubs.
• Domestic producers maintained balanced inventory positions, avoiding oversupply while ensuring timely fulfilment of overseas orders, thanks to routine output cycles and measured procurement by buyers.
• Export operations remained efficient through Qingdao port with no reported customs or inland logistics delays, sustaining timely shipments to global destinations including the U.S. and EU.
• The Carbonyl Iron Demand Outlook stayed stable in Q2, supported by regular volume-based consumption from pharmaceutical iron supplements and fortified nutraceuticals; minor contribution came from personal care and functional foods.
• The April price decline was linked to inventory repositioning and cautious international buying ahead of trade tension risks, while May’s uptick reflected forward booking by overseas clients ahead of Q3.
• Chinese exporters benefitted from consistent output and well-managed logistics, keeping prices within a narrow, non-volatile band throughout Q2.
• Prices are projected to rise modestly in July due to improved forward demand from the functional foods segment and sustained pharmaceutical export orders. No feedstock or logistics issues are expected to disturb this upward forecast.
Europe
• The Carbonyl Iron Spot Price Index in Europe is estimated to have fluctuated between USD 7,250–7,450/MT (CFR Hamburg) during Q2, with minor pricing firm-ups noted toward the end of June due to improving buyer sentiment and stable overseas supply.
• The Carbonyl Iron Price Forecast for July suggests a slight upward revision, with restocking from German and Benelux pharma clients anticipated ahead of Q3 healthcare product programs.
• European Carbonyl Iron Production Cost Trends remained predictable, as imports from Asia and the U.S. faced no major logistical issues; steady energy costs and manageable freight rates supported pricing equilibrium.
• Buyers in Europe maintained lean inventory positions in early Q2 but showed increased restocking interest in June, reflecting confidence in Q3 offtake volumes and an improving market mood.
• Logistics through major ports such as Rotterdam and Hamburg functioned efficiently, with no disruptions in shipment scheduling or inbound cargo handling from Asian suppliers.
• The Carbonyl Iron Demand Outlook was upheld by stable offtake from clinical nutrition, pharmaceutical tablet manufacturing, and dietary supplement formulations, with functional food manufacturers showing renewed interest.
• Regional suppliers and distributors aligned their procurement cycles with consistent downstream demand, avoiding speculative buying that could strain inventories or spike prices.
• The Q2 pricing trend was supported by stable global supply and proactive forward contracts, particularly from nutraceutical and pharmaceutical bulk manufacturers.
• A mild price increase is anticipated in July, attributed to Q3 procurement planning by EU health product manufacturers and rising consumption of fortified dietary blends across retail channels, paired with stable import costs from Asia.
For the Quarter Ending March 2025
North America
Carbonyl Iron Powder prices in North America registered an average drop of 3.48% in Q1 2025, influenced by weak downstream demand and well-maintained inventory levels amid a shift from winter to early spring. This product is mainly used in nutraceuticals and iron-enriched food applications.
As the region moved from winter into early spring, the demand from personal health and fortified food segments saw a gradual decline. The seasonal transition typically softens demand for certain supplements which are more popular in colder months. Buyers across the US remained cautious and planned procurement well in advance. Most manufacturers had already maintained steady inventory from the previous quarter which reduced the need for fresh bulk purchases during Q1.
Logistics across the US remained smooth throughout the period which supported uninterrupted supply flow. There was no major supply disruption which kept the market calm. While tariff-related costs continued to influence trade decisions, overall pricing remained stable due to balanced supply and demand. The slightly lower prices reflected a cautious market where both suppliers and buyers acted with restraint. This cautious tone led to a gradual price correction in the market rather than any steep fall.
Asia Pacific
In the first quarter of 2025, Carbonyl Iron Powder prices in the APAC region declined by an average of 2.85%, mainly due to subdued demand following seasonal transition and the impact of the Chinese Lunar New Year. The quarter began with the Chinese Lunar New Year, which led to temporary slowdowns in manufacturing and trading activity. This impacted regional supply chains but was anticipated and managed well by most buyers. Procurement was carried out cautiously ahead of the holiday period which helped maintain balance in the market.
As the quarter progressed, the region experienced a seasonal transition from winter to summer. This change in climate reduced the consumption of certain iron-rich food supplements. Demand from downstream segments such as personal care and health products showed signs of moderation. Despite this, logistics remained smooth and there were no major supply shortages. Suppliers across Asia Pacific kept production aligned with demand. This helped in preventing overstock and price pressure. The market stayed balanced overall, with no sharp fluctuations. The soft decline in prices reflected a stable yet cautious quarter for the region.
Europe
During the first quarter of 2025, Carbonyl Iron Powder prices in Europe followed a soft and stable trend. The product is used in health supplements and food applications. As the region shifted from colder months into spring, the overall demand from nutraceutical and fortified food sectors slowed slightly. Seasonal changes may have influenced consumption patterns, with some products seeing lower uptake as temperatures rose.
Procurement activity appeared to be measured. Buyers likely relied on inventories secured in previous months, which reduced the urgency for new purchases. Suppliers managed stock levels accordingly and avoided supply surpluses or market pressure. This helped keep prices steady without abrupt changes.
Logistics across the region remained smooth throughout the quarter, supporting regular deliveries and avoiding bottlenecks. While specific pricing data was less visible, overall indications point to a cautious but balanced market environment. With no major supply shocks or sudden demand surges, the price trend stayed slightly downward. The quarter closed on a quiet note with overall market conditions remaining calm and predictable.
