For the Quarter Ending September 2025
North America
• In United States, the Cinnamic Aldehyde Price Index rose quarter-over-quarter in Q3 2025, driven by significant increases in production costs.
• Cinnamic Aldehyde production costs increased, influenced by a 3.0% CPI rise in September 2025 and spiking natural gas feedstock prices.
• The Cinnamic Aldehyde demand outlook was mixed, with retail sales up 5.42% in September 2025, but consumer confidence declined to 94.2.
• Industrial production grew only 0.1% year-over-year in September 2025, indicating subdued demand for Cinnamic Aldehyde in industrial applications.
• Manufacturing backlogs and inventories continued to shrink in Q3 2025, while the Manufacturing Index expanded.
• The Cinnamic Aldehyde Price Index reflected rising input costs, including a 2.6% PPI increase in August 2025 for final demand.
• Oversupply, particularly from China, continued to depress industry utilization rates for chemicals in Q3 2025.
• Cinnamic Aldehyde price forecast suggests continued upward pressure from costs, tempered by mixed demand signals.
Why did the price of Cinnamic Aldehyde change in September 2025 in North America?
• Production costs rose due to a 3.0% CPI increase in September 2025 and spiking natural gas prices.
• Demand was mixed, with retail sales up 5.42% in September 2025, but consumer confidence declined to 94.2.
• Weak industrial production (+0.1% in Sept 2025) and persistent oversupply from China impacted market.
APAC
• In China, the Cinnamic Aldehyde Price Index fell in Q3 2025, influenced by weak consumer demand and declining producer prices.
• Cinnamic Aldehyde production costs faced downward pressure as China's ethylene prices declined in September 2025.
• Demand for Cinnamic Aldehyde faced headwinds from a contracting Manufacturing Index in September 2025.
• Consumer confidence remained pessimistic in September 2025, impacting discretionary spending on Cinnamic Aldehyde applications.
• Industrial production expanded by 6.5% year-on-year in September 2025, supporting Cinnamic Aldehyde demand.
• Retail sales increased by 3.0% year-on-year in September 2025, uplifting consumer-facing Cinnamic Aldehyde applications.
• The fragrance and flavor market in China is poised for accelerated growth in 2025, offering a positive demand outlook.
• Global overcapacity in chemical building blocks, including ethylene, is expected to rise in 2025, influencing Cinnamic Aldehyde supply.
Why did the price of Cinnamic Aldehyde change in September 2025 in APAC?
• Producer Price Index declined by 2.3% year-on-year in September 2025, reflecting lower input costs.
• Consumer Price Index decreased by 0.3% year-on-year in September 2025, indicating weak consumer demand.
• China's Manufacturing Index was contracting in September 2025, signaling reduced industrial activity.
Europe
• In Germany, the Cinnamic Aldehyde Price Index remained stable quarter-over-quarter, influenced by mixed costs and tightening supply.
• Benzaldehyde feedstock costs trended downward in Q3 2025, impacting Cinnamic Aldehyde production.
• German manufacturers faced rising input costs in August and September 2025, increasing overall production costs.
• Manufacturing Index contracted in Q3 2025; industrial production declined 1.0% in September 2025, dampening demand.
• European chemical supply tightened since September 2025 due to plant shutdowns, suggesting upward price pressure.
• Retail sales rose 0.2% in September 2025, and unemployment remained stable at 6.3%, supporting consumer applications.
• Producer prices decreased 1.7% in September 2025, primarily due to lower energy prices for industrial products.
• Inflation increased 2.4% in September 2025, indicating rising raw material and logistics costs for production.
• Industry inventories across the European surfactant supply chain tightened since September 2025, affecting availability.
Why did the price of Cinnamic Aldehyde change in September 2025 in Europe?
• Producer prices decreased 1.7% in September 2025, reducing manufacturing costs due to lower energy prices.
• Tightening European chemical supply from plant shutdowns since September 2025 created upward price pressure.
• Rising input costs for German manufacturers in August and September 2025 contributed to cost-push inflation.
