For the Quarter Ending December 2025
Diphenyl Oxide Prices in APAC
- In Indonesia, the Diphenyl Oxide price stood at around USD 2,250/MT CFR in Q4 2025, reflecting mixed market conditions amid industrial and consumer demand shifts.
- Production costs rose in December 2025 due to intensified input cost pressures across manufacturing, partially offsetting softer feedstock costs earlier in the quarter.
- Phenol feedstock costs eased in November 2025, influenced by supply-demand imbalances, providing some relief to manufacturers.
- Demand for Diphenyl Oxide was mixed; domestic manufacturing orders grew, while export orders contracted in December 2025.
- The Manufacturing Index expanded in December, supporting industrial demand for Diphenyl Oxide.
- Industrial production in Indonesia grew 5.2% year-over-year in December 2025, indicating robust demand for industrial chemicals.
- Consumer demand remained subdued, with CPI at 0.8% and retail sales growth at 0.9% in December 2025, limiting stronger price gains.
- Phenol inventories increased during Q4 2025, contributing to selling pressure on Diphenyl Oxide.
Why did the price of Diphenyl Oxide change in December 2025 in Indonesia?
- Weak consumer demand, reflected by CPI (0.8%) and modest retail sales growth (0.9%), pressured prices.
- Declining phenol feedstock costs in November and rising inventories in Q4 2025 contributed to downward price pressure.
- Negative PPI (-1.9%) indicated weak industrial pricing power, influencing Diphenyl Oxide price trends.
Diphenyl Oxide Prices in North America
- In the United States, the Diphenyl Oxide Price Index fell quarter-over-quarter in Q4 2025, driven by demand contraction.
- Diphenyl Oxide production costs faced upward pressure in Q4 2025, with CPI rising 2.7% in December 2025.
- Producer input costs for Diphenyl Oxide and downstream industries rose 3.0% in November 2025, as indicated by PPI.
- US chemical output and manufacturing activity deepened contraction in October 2025, impacting Diphenyl Oxide demand.
- Industrial production increased 2.0% in December 2025, offering support to Diphenyl Oxide demand in heat transfer fluids.
- Retail sales increased 3.3% in November 2025, supporting Diphenyl Oxide demand in fragrance applications.
- Lower crude oil and natural gas prices in Q4 2025 eased some Diphenyl Oxide production cost pressures.
- Global petrochemical oversupply persisted throughout 2025, contributing to downward price pressure for Diphenyl Oxide.
Why did the price of Diphenyl Oxide change in December 2025 in North America?
- US chemical output contracted in October 2025, reducing industrial demand for Diphenyl Oxide.
- Global petrochemical oversupply persisted throughout 2025, pressuring Diphenyl Oxide prices downward.
- Crude oil and natural gas prices trended lower in Q4 2025, easing production costs.
Diphenyl Oxide Prices in Europe
- In Germany, the Diphenyl Oxide Price Index fell quarter-over-quarter in Q4 2025, driven by a 2.5% PPI decline in December 2025.
- Diphenyl Oxide production costs decreased in Q4 2025, as the Producer Price Index fell by 2.5% year-over-year in December 2025.
- Diphenyl Oxide demand outlook remained weak in Q4 2025, reflecting contracting manufacturing activity in December 2025.
- Despite a 1.1% rise in retail sales in November 2025, consumer confidence at -17.5 in December 2025 tempered Diphenyl Oxide fragrance demand.
- Industrial production grew by 0.8% in October 2025, offering slight support for Diphenyl Oxide industrial applications.
- High energy costs and elevated European industrial gas prices continued to burden Diphenyl Oxide producers in Q4 2025.
- Global overcapacity, particularly from Asia, exerted downward pressure on Diphenyl Oxide markets during Q4 2025.
- Feedstock phenol markets faced volatility, and propylene costs were influenced by lower demand in Q4 2025.
Why did the price of Diphenyl Oxide change in December 2025 in Europe?
- Producer Price Index declined by 2.5% year-over-year in December 2025, lowering Diphenyl Oxide input costs.
- Manufacturing activity contracted in December 2025, leading to reduced industrial demand for Diphenyl Oxide.
- Increased competitive pressure from abroad and cheap imports impacted the German Diphenyl Oxide market in Q4 2025.
For the Quarter Ending September 2025
Diphenyl Oxide Prices in North America
- In the United States, the Diphenyl Oxide Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
- Production costs increased due to a 3.0% CPI rise in September 2025 and a 2.6% PPI increase in August 2025.
- US natural gas prices rose in Q3 2025, increasing energy and feedstock expenses for Diphenyl Oxide production.
- Diphenyl Oxide demand outlook was mixed, with sluggish industrial production at 0.1% year-over-year in September 2025.
- Consumer confidence declined to 94.2 in September 2025, potentially dampening Diphenyl Oxide demand in fragrance applications.
- However, US retail sales increased 5.42% year-over-year in September 2025, supporting demand for consumer goods.
- US manufacturing output rose in August 2025, indicating some positive industrial activity for Diphenyl Oxide applications.
- US chemical firms are not planning significant capacity expansions for 2025, suggesting stable Diphenyl Oxide supply dynamics.
Why did the price of Diphenyl Oxide change in September 2025 in North America?
- Rising input costs, evidenced by a 3.0% CPI in September 2025, directly increased Diphenyl Oxide production expenses.
- Producer Price Index rose 2.6% in August 2025, reflecting higher raw material and energy costs.
- Increased US natural gas prices in Q3 2025 significantly contributed to elevated energy and feedstock costs.
Diphenyl Oxide Prices in APAC
- In China, the Diphenyl Oxide Price Index fell quarter-over-quarter in Q3 2025, influenced by weak industrial demand.
- Diphenyl Oxide production costs declined in Q3 2025, driven by lower benzene and phenol prices.
- Manufacturing activity contracted in September 2025, indicating reduced industrial consumption for Diphenyl Oxide.
- Consumer confidence at 89.6 in September 2025 indicated pessimism, dampening demand for consumer-facing DPO applications.
- Industrial production grew 6.5% year-on-year in September 2025, supporting Diphenyl Oxide demand in heat transfer fluids.
- Retail sales increased 3.0% year-on-year in September 2025, offering slight support for fragrance and durable goods.
- Persistent global chemical overcapacity, with significant contribution from China, pressured Diphenyl Oxide prices downwards.
- High-tech manufacturing output expanded significantly in Q3 2025, boosting DPO demand in specialized polymers.
Why did the price of Diphenyl Oxide change in September 2025 in APAC?
- Falling PPI of -2.3% in September 2025 indicated weak industrial demand, pressuring Diphenyl Oxide prices.
- Contracting manufacturing activity in September 2025 reduced industrial consumption, impacting Diphenyl Oxide demand.
- Persistent global chemical overcapacity, particularly from China, contributed to downward price pressure.
Diphenyl Oxide Prices in Europe
- In Germany, the Diphenyl Oxide Price Index fell in Q3 2025, driven by weak industrial demand.
- Diphenyl Oxide demand outlook remained bearish, with a contracting Manufacturing Index in Q3 2025.
- Production costs decreased; Producer Price Index fell 1.7% year-over-year in September 2025.
- Overall chemical demand in Germany remained weak in Q3 2025, impacting Diphenyl Oxide consumption.
- Global overcapacity persisted; industrial production declined 1.0% year-over-year in September 2025.
- Phenol and Benzene feedstock prices were stagnant or softening in Q3 2025, lowering costs.
- German chemical exports fell in September 2025, indicating reduced international demand for products.
- The Diphenyl Oxide price forecast suggests continued stability or slight downward pressure.
- Rising Consumer Price Index at 2.4% year-over-year in September 2025 indicated general cost increases.
- Retail sales increased 0.2% and unemployment was 6.3% in September 2025, offering cautious support.
Why did the price of Diphenyl Oxide change in September 2025 in Europe?
- Weak industrial demand, with a contracting Manufacturing Index in Q3 2025, reduced consumption.
- Producer Price Index falling 1.7% year-over-year in September 2025 lowered production costs.
- Global overcapacity and slumped German chemical production pressured Diphenyl Oxide prices.
