For the Quarter Ending September 2025
North America
• In United States, the Choline Chloride Price Index rose quarter-over-quarter in Q3 2025, driven by strong demand and rising production costs.
• Production costs trended upward, influenced by a 3.0% CPI increase in September 2025 and a 2.6% PPI rise in August 2025.
• Methanol prices surged in August 2025, and ammonia prices rose in Q3 2025, impacting Choline Chloride feedstock expenses.
• Demand outlook was positive, supported by a 5.42% retail sales increase in September 2025 and expanded animal feed consumption.
• The low 4.3% unemployment rate in September 2025 bolstered consumer spending, indirectly supporting Choline Chloride demand.
• Ethylene prices surged in Q3 2025, increasing production costs, while naphtha prices experienced a downward movement.
• Conservative ethylene inventory management and tightening ammonia supply in Q3 2025 further influenced market dynamics.
• Choline Chloride price forecast suggests continued upward pressure due to sustained demand and elevated feedstock costs.
Why did the price of Choline Chloride change in September 2025 in North America?
• Surging methanol (August 2025) and rising ammonia (Q3 2025) feedstock costs increased production expenses.
• Robust consumer spending, with retail sales up 5.42% in September 2025, bolstered demand for animal feed.
• Inflationary pressures, with CPI up 3.0% in September 2025, contributed to higher overall operational costs.
APAC
• In China, the Choline Chloride Price Index fell quarter-over-quarter in Q3 2025, influenced by declining feedstock costs and industrial weakness.
• Choline Chloride production costs experienced downward pressure in Q3 2025, with naphtha and methanol prices declining.
• Animal feed demand for Choline Chloride strengthened in Q3 2025, supported by swine restocking and livestock expansion.
• Retail sales rose 3.0% year-on-year in September 2025, supporting Choline Chloride demand in consumer-driven sectors.
• Industrial demand for Choline Chloride faced headwinds as the Manufacturing Index was Contracting in September 2025.
• China's industrial production increased 6.5% year-on-year in September 2025, providing some support for industrial demand.
• Consumer purchasing power was impacted by -0.3% CPI in September 2025, despite a stable 5.2% unemployment rate.
• Choline Chloride imports from China faced potential trade friction due to EU registration requirements in August 2025.
• The Choline Chloride Price Forecast remains cautious due to mixed macroeconomic signals and continued feedstock cost reductions.
Why did the price of Choline Chloride change in September 2025 in APAC?
• Naphtha feedstock costs experienced downward pressure in Northeast Asia during Q3 2025.
• China's PPI fell 2.3% year-on-year in September 2025, indicating reduced factory-gate prices.
• The Manufacturing Index was Contracting in September 2025, signaling industrial slowdown.
Europe
• In Germany, the Choline Chloride Price Index fell in Q3 2025, driven by weak industrial demand and producer price deflation.
• Production costs for Choline Chloride rose in Q3 2025, with CPI increasing 2.4% year-over-year in September 2025.
• Choline Chloride demand outlook weakened in Q3 2025, as the Manufacturing Index was contracting in September 2025.
• Industrial production declined 1.0% year-over-year in September 2025, indicating reduced demand for industrial chemicals.
• Elevated European natural gas prices in H1 2025 contributed to persistently high Choline Chloride production costs in Q3 2025.
• Ethylene feedstock costs surged in July 2025 due to transport disruptions, impacting production expenses.
• Consumer confidence was significantly negative at -23.6 in September 2025, suggesting reduced demand for animal products.
• The Choline Chloride price forecast suggests continued pressure from low industrial activity and high inventories in Q3 2025.
Why did the price of Choline Chloride change in September 2025 in Europe?
• Producer Price Index declined 1.7% year-over-year in September 2025, pressuring selling prices.
• Manufacturing Index was contracting in September 2025, signaling reduced industrial activity and demand.
• High production costs persisted in Q3 2025, influenced by elevated European natural gas prices.
For the Quarter Ending March 2023
North America
The first quarter of 2023 saw a declining trend in the North American market for Choline Chloride. Due to a lack of orders from domestic customers and a sufficient supply, the market attitude for choline chloride in the USA began to deteriorate in early January and persisted through the month. Choline chloride prices fell in the USA in February as a result of fewer orders from the end-user sector, despite competitive import quotes from China.
The market's trading fundamentals had been impeded by weak demand and excessive inventory. However, despite reasonable imports from China and fewer orders from the end-user industry, choline chloride prices continued to fall in March. The market's trading fundamentals had been impeded by weak demand and excessive inventory. Towards the end of the quarter, the prices for Choline Chloride were assessed around USD 1180/MT for CFR Los Angeles in March.
Asia Pacific
Choline Chloride sales in the Asia Pacific region started to decline in the first quarter of 2023 for a variety of reasons. Choline chloride's declining price trend was once more seen in China in January. The Chinese markets have recovered quite a bit since the Zero-Covid policy was adjusted, although demand this month was much lower than usual. Due to an adequate supply and weak end-user demand, domestic producers were forced to lower their prices. Choline chloride prices fell sharply in February as a result of the product's continuing slow market dynamics, which were supported by weak end-user industry demand and dull buying power. March saw a sharp decline in the price of choline chloride due to the product's continuing sluggish market dynamics, which were supported by weak end-user industry demand and dull buying power. Toward the end of the quarter, the prices were assessed around USD 780/MT for FOB Shanghai in March.
Europe
The Choline Chloride market in Europe fluctuated during the first quarter of 2023. Due to an uptick in the market mood until the end of January, choline chloride saw rapid growth. The most expensive import into Germany came from China, where costs increased because the value of the Chinese renminbi vs. the US dollar increased by approximately 2.13% in just January. Because German retailers were getting high import costs from Asia in February, the price of choline chloride in Germany continued its increasing trajectory. Furthermore, orders from end-user industries surged, keeping demand strong and causing continual stock consumption. Due to a decline in end-user demand and ample market supplies, choline chloride prices in Germany were constant and on the lower side in the month that ended in March. Towards the end of the quarter, the prices for Tricalcium Phosphate were assessed at around USD 1700/MT for CFR Hamburg in March.
For the Quarter Ending December 2022
North America
In the North American region, the Choline Chloride market maintained an overall positive sentiment in the first half of Q4 of 2022, with prices soaring to USD 1400/MT at the same timeframe. As October approached, Choline Chloride inventories were running very low in the regional market due to a limited import from the Asian market. According to the market sources, demand for the product from the downstream pharmaceutical and food sector increased under the influence of strong dynamics in the market. However, by the termination of the quarter, the Choline Chloride prices settled at USD 1385/MT after witnessing a plunge of 1.1% in December due to a decline in orders from the consumer side ahead of year-end.
Asia- Pacific
In the Asia-Pacific region, the Choline Chloride market began the fourth quarter of 2022 on a strong note. The prices showcased a significant rise of up to 3.4% during October, backed by a shortage of inventories amid the Golden week holiday. However, prices started to fall consistently as the quarter proceeded. The fluctuating trend of Choline Chloride was observed due to variations in its raw material trimethylamine and ethylene oxide. However, market participants showcased a wait-and-see mood, due to which producers dwindled their price quotations to around 3.3% in the H2 of Q4 to improve orders. Another factor that hampered the growth of the product was a steep decline in demand from the end-user pharmaceutical and food sector due to the rise in Covid-19 cases and the implementation of restrictions in the country. Hence, Choline Chloride prices in China were evaluated at USD 1025/MT in December.
Europe
Unlike North American and Asia-Pacific regions, the price of Choline Chloride remained stable at a lower end in Europe with the onset of Q4, which later started increasing in November. As November approached, Choline Chloride inventories were rushing out of stock due to disruption in the supply chain. As a result, the demand for Choline Chloride from the downstream pharmaceutical and food sector increased in the European region, which kept the prices elevated. By the end of the quarter, the domestic merchants started destocking their existing inventories at lower prices due to weakening demand for the product. Thus, prices of Choline Chloride in Germany declined from USD 1890/MT in November to USD 1800/MT in December.
For the Quarter Ending September 2022
North America
The Choline Chloride market showcased mixed sentiments during the third quarter of 2022 in the North American region. The Choline Chloride prices in the United States declined till August and regained their upward momentum in September. The reason behind an overall decrease of 4.2% till August was reducing demand from the downstream food and pharmaceutical industries amidst weak purchasing activities and overflowing stocks. By the termination of the third quarter, the Choline Chloride market started to improve slightly with a 3.6% increment in prices owing to its surging demand and limited inventories in end-user ventures. Furthermore, the fluctuation in energy values and freight charges also led to the instability in the price of Choline Chloride. The CFR prices for Choline Chloride were assessed at USD 1420/MT in the United States at the end of the quarter.
Asia- Pacific
In the Asia Pacific region, the Choline Chloride market revealed an assorted sentiment with price fluctuations during the third quarter of 2022. With entering July, the prices of Choline Chloride in China scaled down by 3.6%. The reduction in crude oil prices led to the fluctuation in the prices of feedstocks such as Ethylene Oxide (EO) and trimethylamine during this quarter, affecting the Choline Chloride prices. Trading activities from China to the international market remained disturbed from July, leading to stockpiling Choline Chloride in the domestic market. Also, the demand from downstream pharmaceutical industries flickered with uncertainty in orders, impacting the price trend. Thus, by the quarter ending September, a slight improvement was seen with prices of Choline Chloride settled at USD 1085/MT in China.
Europe
In Europe, the prices of Choline Chloride fluctuated during the Q3 of FY2022, resembling the North American and Asian market price trend. Supply and demand fundamentals were regularly changed, the leading cause of these swings. Additionally, fluctuations in trade frequency from China during the whole quarter also affected the market value of Choline Chloride. The slow offtake from downstream pharmaceuticals and food industries was also one of the factors behind this flutter price trend of Choline Chloride. Altogether, demand from end-user industries and the inventories with domestic merchants hovered, which led to a flared supply rate combinedly influenced the market of Choline Chloride in Europe. Thus, the CFR prices of Choline Chloride in Germany settled at USD 1605/MT in June.
