For the Quarter Ending December 2025
Distilled Glycerin Monostearate (DMG) Prices in APAC
- In Indonesia, the Distilled Glycerin Monostearate (DMG) price stood at around USD 1,400/MT CFR in Q4 2025, reflecting subdued market conditions amid cautious consumer and industrial demand.
- DMG demand remained modest, with retail sales growing only 0.9% year-on-year in December 2025.
- Production costs eased as producer prices declined by 1.9% year-on-year in December 2025, helping reduce manufacturing expenses.
- Indonesia’s Manufacturing Index expanded in December, supporting industrial DMG applications despite weaker consumer sentiment.
- Industrial production grew 5.2% year-on-year in December 2025, providing baseline support for chemical demand.
- Consumer inflation remained low at 0.8% year-on-year in December, reflecting restrained purchasing power.
- A 5.1% unemployment rate contributed to cautious household spending, limiting stronger DMG demand growth.
- The DMG price forecast indicates continued pressure from deflationary trends and cautious consumer spending into early 2026.
Why did the price of Distilled Glycerin Monostearate (DMG) change in December 2025 in Indonesia?
- Weak consumer demand, with low CPI (0.8%) and modest retail sales growth (0.9%), pressured DMG prices.
- Declining producer prices (-1.9% YoY) helped reduce production costs.
- Cooled consumer sentiment, combined with a 5.1% unemployment rate, limited stronger demand for DMG.
Distilled Glycerin Monostearate (DMG) Prices in North America
- In the United States, the Distilled Glycerin Monostearate (DMG) Price Index rose quarter-over-quarter in Q4 2025, driven by rising costs.
- DMG production costs increased as the Producer Price Index (PPI) rose 3.0% year-over-year in November 2025.
- Consumer Price Index (CPI) climbed 2.7% year-over-year in December 2025, raising operational costs for DMG.
- Natural gas spot prices strengthened in late 2025 due to a polar vortex, increasing energy feedstock costs.
- DMG demand outlook was supported by a 2.0% year-over-year increase in industrial production in December 2025.
- Retail sales rose 3.3% year-over-year in November 2025, indicating robust consumer spending, bolstering DMG demand.
- US manufacturing sales inched down in October 2025, while manufacturing and trade inventories inched up.
- The unemployment rate of 4.4% in December 2025 supported consumer spending, influencing DMG demand.
Why did the price of Distilled Glycerin Monostearate (DMG) change in December 2025 in North America?
- Rising production costs, with CPI up 2.7% in December 2025, pressured DMG prices upward.
- Strengthening natural gas spot prices in late 2025 elevated energy feedstock expenses for DMG.
- Robust industrial production, up 2.0% in December 2025, sustained demand for Distilled Glycerin Monostearate (DMG).
Distilled Glycerin Monostearate (DMG) Prices in Europe
- In Germany, the Distilled Glycerin Monostearate (DMG) Price Index remained stable quarter-over-quarter in Q4 2025, balancing elevated feedstock costs with mixed demand.
- DMG production costs rose in Q4 2025, driven by elevated palm oil feedstock and increased freight expenses.
- German industrial production, a key DMG demand driver, experienced sustained growth in October-November 2025.
- A 0.8% industrial production increase in October 2025 supported Distilled Glycerin Monostearate (DMG) demand in manufacturing.
- Retail sales increased by 0.8% in October 2025, indicating modest consumer spending for DMG end-use applications.
- A low 3.8% unemployment rate in November 2025 bolstered consumer spending, aiding Distilled Glycerin Monostearate (DMG) demand.
- However, negative consumer confidence at -12.0% in December 2025 tempered overall consumer spending, impacting DMG demand.
- A 2.5% decline in producer prices in December 2025 suggested reduced input costs for manufacturers, influencing DMG pricing.
Why did the price of Distilled Glycerin Monostearate (DMG) change in December 2025 in Europe?
- Elevated palm oil feedstock and rising energy costs increased Distilled Glycerin Monostearate (DMG) production expenses.
- A 2.5% decline in producer prices in December 2025 lowered overall manufacturing input costs.
- Mixed demand, from modest retail sales and negative consumer confidence, influenced Distilled Glycerin Monostearate (DMG) pricing.
For the Quarter Ending September 2025
Distilled Glycerin Monostearate (DMG) Prices in North America
- In the United States, the Distilled Glycerin Monostearate (DMG) Price Index rose in Q3 2025, influenced by rising production costs.
- DMG production costs trended upward in Q3 2025 due to increased stearic acid and glycerin feedstock prices.
- Demand for DMG remained firm in Q3 2025 from food processing, pharmaceutical, and cosmetic industries.
- Industrial production grew slowly at 0.1% year-over-year in September 2025, impacting industrial DMG demand.
- Retail sales increased 5.42% year-over-year in September 2025, supporting consumer-facing DMG applications.
- Rising operational costs for DMG producers were driven by a 3.0% year-over-year CPI and 2.6% PPI increase.
- A healthy 4.3% unemployment rate in September 2025 supported consumer spending, despite declining consumer confidence to 94.2.
- Stearic acid supply tightened in Q3 2025 due to import delays and shipping disruptions from Southeast Asia.
Why did the price of Distilled Glycerin Monostearate (DMG) change in September 2025 in North America?
- Stearic acid feedstock costs, including palm oil, increased in Q3 2025, raising DMG production expenses.
- The 2.6% year-over-year PPI increase in August 2025 signaled higher input costs for DMG.
- Firm demand from food, pharmaceutical, and cosmetic sectors supported DMG prices in Q3 2025.
Distilled Glycerin Monostearate (DMG) Prices in APAC
- In China, the Distilled Glycerin Monostearate (DMG) Price Index rose quarter-over-quarter in Q3 2025, driven by surging feedstock costs.
- DMG production costs increased in Q3 2025 due to surging glycerin, stearic acid, and palm oil feedstock prices.
- Refined glycerin and stearic acid supply tightened in Q3 2025, constraining DMG output and elevating expenses.
- Demand for DMG was supported by China's expanding food emulsifiers market in Q3 2025.
- Industrial Production increased by 6.5% year-over-year in September 2025, bolstering demand for DMG.
- Retail Sales grew by 3.0% year-over-year in September 2025, indicating consumer spending supported DMG applications.
- The Manufacturing Index was contracting in September 2025, suggesting underlying weakness in industrial demand.
- Consumer Price Index (CPI) fell by 0.3% and Producer Price Index (PPI) declined by 2.3% year-over-year in September 2025.
- The unemployment rate was 5.2% and consumer confidence stood at 89.6 in September 2025, indicating cautious consumer sentiment.
Why did the price of Distilled Glycerin Monostearate (DMG) change in September 2025 in APAC?
- Surging glycerin, stearic acid, and palm oil feedstock costs elevated DMG production expenses in Q3 2025.
- Tightening refined glycerin and stearic acid supply constrained DMG output in Q3 2025.
- Expanding food emulsifiers market demand also contributed to upward price pressure in Q3 2025.
Distilled Glycerin Monostearate (DMG) Prices in Europe
- In Germany, the Distilled Glycerin Monostearate (DMG) Price Index faced downward pressure quarter-over-quarter in Q3 2025, driven by contracting industrial activity.
- DMG production costs were influenced by ongoing high European oleochemical feedstock costs and volatile vegetable oil prices in Q3 2025.
- Despite a 1.7% year-over-year decline in PPI in September 2025, high energy costs continued to burden European chemical companies.
- Rising CPI at 2.4% in September 2025 also contributed to increased operational and raw material expenses for DMG manufacturers.
- The Manufacturing Index showed a contracting trend in Q3 2025, indicating a bearish demand outlook for industrial inputs like DMG.
- Industrial production declined by 1.0% year-over-year in September 2025, reducing overall consumption of raw materials including DMG.
- Retail sales saw a modest 0.2% year-over-year increase in September 2025, offering slight support for consumer-facing DMG applications.
- Germany's unemployment rate remained stable at 6.3% in September 2025, supporting consumer purchasing power for end products.
Why did the price of Distilled Glycerin Monostearate (DMG) change in September 2025 in Europe?
- Weak German industrial activity and contracting Manufacturing Index reduced overall demand for DMG in Q3 2025.
- High oleochemical feedstock costs, volatile vegetable oil prices, and rising CPI pressured DMG production expenses in Q3 2025.
- Declining German chemical production and international sales tightened regional supply in Q3 2025.