For the Quarter Ending September 2025
APAC
• In China, the Chromic Acid Price Index fell by 2.64% quarter-over-quarter, driven by downstream demand.
• The average Chromic Acid price for the quarter was approximately USD 3004.67/MT reflecting subdued demand.
• Chromic Acid Spot Price eased as buyers postponed purchases, prompting inventory accumulation at regional warehouses.
• Chromic Acid Price Forecast remains constrained near-term due to balanced supply and limited export interest.
• Chromic Acid Production Cost Trend showed slight easing as energy and ore procurement costs moderated.
• Chromic Acid Demand Outlook remains subdued with slower electroplating and pigment unable to absorb volumes.
• Chromic Acid Price Index fluctuations tracked inventory swings and plant turnarounds across Chinese production hubs.
• Producer restarts increased offered volumes, limiting upside; traders expect subdued Chromic Acid Price momentum ahead.
Why did the price of Chromic Acid change in September 2025 in APAC?
• Reduced industrial plating activity cut spot buying, pressuring balances and softening the regional Price Index.
• Lower energy and ore procurement eased production costs, limiting upstream pressures on Chromic Acid Price.
• Normalized logistics and stable inventories allowed exports, preventing sharp Chromic Acid Price spikes in September.
Europe
• In Europe, the Chromic Acid Price Index moved modestly downward by ~1.8% quarter-over-quarter, weighed by weak automotive and surface-finishing orders.
• The average Chromic Acid price for the quarter was approximately USD 3,250/MT, reflecting moderate oversupply in Eastern European hubs.
• Chromic Acid Spot Price softened as converters and job-shops delayed restocking ahead of year-end audits, increasing short-term warehouse inventories.
• Chromic Acid Price Forecast for the near term is muted due to balanced regional production and limited recovery in industrial plating demand.
• Chromic Acid Production Cost Trend showed slight upward pressure from higher carbon-electricity contract rates in parts of Western Europe, partly offset by cheaper precursor imports.
• Chromic Acid Demand Outlook remains tepid with slow rebound in automotive parts finishing and constrained demand from construction coatings.
• Chromic Acid Price Index volatility tracked temporary plant maintenance in Central Europe and uneven feedstock deliveries across Mediterranean ports.
• Producer restarts in Eastern plants added offered volumes, capping upside; traders anticipate flat-to-lower Chromic Acid Price momentum into Q4
Why did the price of Chromic Acid change in September 2025 in Europe?
• Soft automotive and industrial finishing activity reduced spot buying, pressuring local balances and nudging the regional Price Index down.
• Slightly higher electricity and compliance costs put mild upward pressure on production costs but were insufficient to offset weakened demand.
• Stable inland logistics and ample regional inventories enabled shipments to meet residual demand, preventing sharp price spikes.
North America
• In North America, the Chromic Acid Price Index declined by about 2.2% quarter-over-quarter, driven by slower aerospace and specialty coating orders.
• The average Chromic Acid price for the quarter was approximately USD 3,180/MT, indicating subdued buying from both distributors and end-users.
• Chromic Acid Spot Price eased as buyers postponed purchases amid uncertainty in industrial capex, causing dealer inventories to tick up.
• Chromic Acid Price Forecast is constrained near term given steady domestic production capacity and muted export interest.
• Chromic Acid Production Cost Trend showed modest relief as natural gas and electricity costs eased seasonally, lowering margin pressure for producers.
• Chromic Acid Demand Outlook is weak with slower aerospace maintenance cycles and limited demand from oilfield corrosion control projects.
• Chromic Acid Price Index swings correlated with temporary shutdowns at a few regional plants and variable feedstock import timings.
• Producer restarts and competitive imports increased available volumes, restricting upside; traders expect continued soft Chromic Acid Price momentum into late Q4.
Why did the price of Chromic Acid change in September 2025 in North America?
• Reduced aerospace and specialty finishing activity cut spot buying, loosening balances and softening the regional Price Index.
• Seasonal easing of energy costs lowered production cost pressure, limiting upstream support for higher prices.
• Normalized port operations and steady distributor inventories allowed supply to meet demand, preventing abrupt price increases.
