For the Quarter Ending September 2025
North America
• In United States, the Diethyl Oxalate Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
• Production costs advanced due to rising ethanol and oxalic acid feedstock expenses in Q3 2025.
• Natural gas input prices spiked year-over-year in Q3 2025, reigniting margin pressure for manufacturers.
• Overall industrial production growth was sluggish at 0.1% year-over-year in September 2025, limiting broad demand.
• Strong retail sales, up 5.42% year-over-year in September 2025, supported demand for consumer-facing products.
• Consumer confidence declined to 94.2 in September 2025, indicating potential softening in discretionary spending.
• Inflationary pressures (CPI up 3.0% in September 2025; PPI up 2.6% in August 2025) increased raw material and energy costs.
• Tightening ethanol inventories and constrained US feedstock availability in Q3 2025 impacted supply dynamics.
• The Diethyl Oxalate Price Index is forecast to remain firm, supported by persistent cost pressures.
Why did the price of Diethyl Oxalate change in September 2025 in North America?
• Diethyl Oxalate production costs increased due to rising ethanol and oxalic acid feedstock prices in Q3 2025.
• Natural gas input prices spiked year-over-year in Q3 2025, significantly raising manufacturing operational expenses.
• General inflation, with CPI up 3.0% in September 2025, contributed to higher raw material and energy costs.
APAC
• In China, the Diethyl Oxalate Price Index fell quarter-over-quarter, driven by weak industrial demand and overcapacity.
• The Manufacturing Index contracted in September 2025, indicating reduced industrial activity and demand for intermediates.
• China's CPI decreased 0.3% year-on-year in September 2025, reflecting weak consumer demand.
• The PPI declined 2.3% year-on-year in September 2025, suggesting falling manufactured goods prices.
• Diethyl Oxalate production costs were influenced by softened natural gas demand and steady petrochemical feedstock costs in Q3 2025.
• Overall chemical demand remained subdued in Q3 2025, contributing to global overcapacity and inventory drawdowns.
• Industrial production expanded 6.5% year-on-year, while retail sales grew 3.0% in September 2025.
• Consumer confidence remained low at 89.6, and the unemployment rate was 5.2% in September 2025, dampening demand.
• The Diethyl Oxalate demand outlook faces headwinds from persistent trade tensions and subdued overall market sentiment.
Why did the price of Diethyl Oxalate change in September 2025 in APAC?
• Contracting Manufacturing Index in September 2025 indicated weak industrial demand, pressuring prices.
• China's chemical overcapacity and a 2.3% PPI decline contributed to Diethyl Oxalate price reductions.
• A 0.3% CPI decrease and low consumer confidence reflected broader economic weakness.
Europe
• Germany's Diethyl Oxalate Price Index fell in Q3 2025, influenced by weak industrial demand and lower producer prices.
• Diethyl Oxalate production costs faced mixed pressures, with strengthening ethanol feedstock costs throughout Q3 2025.
• Producer prices for industrial products decreased by 1.7% in September 2025, primarily due to lower energy costs.
• German industrial production declined 1.0% in September 2025, contributing to cautious Diethyl Oxalate demand in Q3 2025.
• The Manufacturing Index was contracting in Q3 2025, signaling reduced activity in key downstream sectors for Diethyl Oxalate.
• The Consumer Price Index increased 2.4% in September 2025, potentially eroding consumer purchasing power.
• Retail sales rose 0.2% in September 2025, offering slight support to consumer-driven Diethyl Oxalate applications.
• Germany's unemployment rate remained stable at 6.3% in September 2025, suggesting no significant boost to overall economic demand.
Why did the price of Diethyl Oxalate change in September 2025 in Europe?
• Weak industrial demand, production down 1.0% in September 2025, pressured prices.
• Producer prices decreased 1.7% in September 2025 due to lower energy, reducing costs.
• Strengthening ethanol feedstock costs throughout Q3 2025 exerted upward pressure on production expenses.
