For the Quarter Ending September 2025
North America
• In the United States, the Feldspar Price Index rose in Q3 2025, primarily due to increasing production costs.
• Feldspar production costs increased in Q3 2025, driven by strengthening industrial electricity, diesel fuel, and natural gas prices.
• Demand for Feldspar faced mixed signals, with industrial production increasing 0.1% year-over-year in September 2025.
• Retail sales surged 5.42% year-over-year in September 2025, indicating robust consumer spending for end-products.
• Demand from ceramics manufacturing declined in 2025, while glass product manufacturing showed growth.
• Freight transportation costs increased in Q3 2025, further elevating the overall cost of Feldspar supply.
Why did the price of Feldspar change in Q3 2025 in North America?
• Industrial electricity costs strengthened in August 2025, increasing Feldspar's production expenses.
• The 3.0% year-over-year CPI in September 2025 and 2.6% PPI in August 2025 raised operational costs.
• Retail sales increased 5.42% year-over-year in September 2025, supporting demand for Feldspar end-products.
APAC
• In China, the Feldspar Price Index fell quarter-over-quarter in Q3 2025, influenced by weak industrial demand and pricing pressure.
• Feldspar production costs faced upward pressure from strengthened industrial power rates in 2025, despite shrinking mining profits.
• Feldspar demand outlook was mixed; industrial production grew 6.5% in September 2025, but domestic demand remained soft.
• The deepening construction property downturn in Q3 2025 suggests continued downward pressure on Feldspar prices.
• Consumer Price Index (CPI) declined 0.3% year-over-year in September 2025, indicating weak consumer demand.
• Producer Price Index (PPI) fell 2.3% year-over-year in September 2025, reflecting weak manufacturing demand.
• Industrial companies accumulated larger inventories in Q3 2025, while glass production capacity rapidly declined.
• The Manufacturing Index contracted in September 2025, signaling reduced production activity and raw material demand.
Why did the price of Feldspar change in September 2025 in APAC?
• Weak consumer demand, evidenced by a 0.3% CPI decline in September 2025, dampened end-use product sales.
• Industrial pricing pressure, with PPI falling 2.3% in September 2025, impacted Feldspar's market value.
• The Manufacturing Index contracted in September 2025, reducing overall industrial raw material requirements.
Europe
• In Germany, the Feldspar Price Index remained stable quarter-over-quarter in Q3 2025, driven by weak industrial demand.
• Feldspar production costs faced upward pressure from elevated industrial electricity and natural gas prices in Q3 2025.
• Overall producer prices, however, declined 1.7% year-over-year in September 2025, suggesting broader input cost relief.
• Feldspar demand outlook weakened due to Germany's contracting Manufacturing Index in Q3 2025.
• Industrial production in Germany declined 1.0% year-over-year in September 2025, reducing overall raw material demand.
• Construction sector output and building activity weakened in Q3 2025, impacting key Feldspar end-use applications.
• Consumer Price Index rose 2.4% year-over-year in September 2025, indicating general inflation and higher operational costs.
• German exports softened in August 2025; retail sales increased 0.2% year-over-year in September 2025.
• Unemployment rate was 6.3% in September 2025, with stabilizing consumer confidence in Q3 2025.
Why did the price of Feldspar change in September 2025 in Europe?
• Weakened industrial production, down 1.0% in September 2025, significantly dampened Feldspar demand.
• Elevated industrial electricity and natural gas prices in Q3 2025 exerted upward pressure on production costs.
• Contracting Manufacturing Index in Q3 2025 signaled reduced industrial activity, impacting Feldspar consumption.
