For the Quarter Ending March 2026
Ferrous Sulphate Prices in North America
- In United States, the Ferrous Sulphate Price Index rose quarter-over-quarter in Q1 2026, driven by elevated production costs.
- The Ferrous Sulphate Production Cost Trend increased in March 2026 as the Producer Price Index rose 4.0% year-over-year.
- Sulfuric acid feedstock costs surged in February 2026, compressing synthetic producer margins amid elevated energy expenses.
- The Ferrous Sulphate Demand Outlook strengthened in February 2026, supported by expanding municipal wastewater plant consumption.
- Agricultural fertilizer demand grew in February 2026, sustained by resilient retail sales growth of 4.0% year-over-year in March 2026.
- By-product supply tightened in February 2026, while industrial production grew a modest 0.7% year-over-year in March 2026.
- A Consumer Price Index year-over-year increase of 3.3% in March 2026 elevated freight expenses for bulk distribution.
- Stable unemployment at 4.3% and consumer confidence at 91.8 in March 2026 supported steady market demand.
- The Ferrous Sulphate Price Forecast remained upward in March 2026, supported by an expanding Manufacturing Index.
Why did the price of Ferrous Sulphate change in March 2026 in North America?
- Elevated energy costs and surging sulfuric acid feedstock prices increased production expenses in Q1 2026.
- By-product supply from titanium dioxide producers tightened significantly in February 2026, constraining overall market availability.
- Strong municipal wastewater plant demand and agricultural fertilizer blending requirements expanded robustly in February 2026.
Ferrous Sulphate Prices in APAC
- In China, the Ferrous Sulphate Price Index rose quarter-over-quarter in Q1 2026, driven by surging feedstock costs.
- The Ferrous Sulphate Production Cost Trend increased in March 2026 as producer prices rose by 0.5 percent.
- Industrial production grew 5.7 percent in March 2026, which directly boosted the Ferrous Sulphate Demand Outlook.
- Consumer prices increased 1.0 percent in March 2026, supporting steady agricultural fertilizer demand for ferrous sulphate.
- The manufacturing index expanded in March 2026, driving ferrous sulphate consumption for industrial water treatment applications.
- Retail sales grew 1.7 percent and unemployment reached 5.4 percent in March 2026, weakening consumer-driven demand.
- Consumer confidence stood at 91.6 in February 2026, dampening the Ferrous Sulphate Price Forecast for downstream sectors.
- Sulfur raw material costs spiked in March 2026 following Middle East logistical blockades, elevating production expenses.
- Domestic inventories of sulfuric acid feedstock tightened significantly in Q1 2026, supporting the Ferrous Sulphate Price Index.
Why did the price of Ferrous Sulphate change in March 2026 in APAC?
- Sulfuric acid feedstock costs for ferrous sulphate production surged in March 2026 due to disruptions.
- Seaborne sulfur imports into China weakened in March 2026 due to Middle East shipping blockades.
- Thermal coal and electricity tariffs pushed operational expenditures to highly elevated levels in Q1 2026.
Ferrous Sulphate Prices in Europe
- In Germany, the Ferrous Sulphate Price Index rose quarter-over-quarter in Q1 2026, driven by tightening byproduct supply.
- Consumer inflation reached 2.7% in March 2026, increasing logistics costs and pushing up delivered chemical prices.
- The Ferrous Sulphate Production Cost Trend stabilized as producer prices declined 0.2% in March 2026.
- The Manufacturing Index expanded in March 2026, increasing primary steel production and industrial wastewater generation.
- Industrial production remained stagnant at 0.0% in February 2026, keeping byproduct Ferrous Sulphate supply constrained.
- Retail sales grew 0.7% in February 2026, supporting a steady Ferrous Sulphate Demand Outlook in agriculture.
- Low unemployment at 4.2% in February 2026 sustained municipal funding for water treatment coagulant applications.
- The Ferrous Sulphate Price Forecast remained elevated as consumer confidence dropped to -24.7 in March 2026.
Why did the price of Ferrous Sulphate change in March 2026 in Europe?
- Titanium dioxide supply tightened in Q1 2026, reducing the market availability of byproduct Ferrous Sulphate.
- Sulfuric acid feedstock costs for steel pickling firmed in Q1 2026, elevating primary production expenses.
- Agricultural fertilizer demand for ferrous sulphate applications strengthened in Q1 2026, driving overall market consumption.
For the Quarter Ending December 2025
Ferrous Sulphate Prices in North America
- In United States, the Ferrous Sulphate Price Index rose in Q4 2025, driven by strengthening demand and rising energy costs.
- Ferrous Sulphate production costs increased in Q4 2025 due to rising natural gas prices and a 3.0% PPI increase in November 2025.
- Demand for Ferrous Sulphate strengthened across agricultural, water treatment, and pharmaceutical sectors during Q4 2025.
- The Ferrous Sulphate price trend remained firm in Q4 2025, supported by sustained industrial activity and robust demand.
- Chemical companies slowed operating rates in Q4 2025 to reduce inventories, impacting overall supply dynamics.
- Natural gas prices at Henry Hub gradually rose in the final months of 2025, influenced by a December 2025 cold snap.
- Resilient construction activity in Q4 2025, including data center projects, spurred steel consumption.
- General inflation, indicated by a 2.7% CPI increase year-over-year in December 2025, contributed to higher operational expenses.
- Healthy consumer spending, with retail sales up 3.3% year-over-year in November 2025, indirectly supported Ferrous Sulphate demand.
Why did the price of Ferrous Sulphate change in December 2025 in North America?
- Strong agricultural and water treatment demand bolstered Ferrous Sulphate consumption in Q4 2025.
- Rising natural gas prices and 3.0% PPI in November 2025 elevated Ferrous Sulphate production costs.
- Increased industrial production, up 2.0% year-over-year in December 2025, supported market strength.
Ferrous Sulphate Prices in APAC
- In China, the Ferrous Sulphate Price Index fell in Q4 2025, influenced by a -1.9% PPI decline in December 2025. While across the APAC market the prices were settled at USD 3118/MT.
- Ferrous Sulphate production costs faced upward pressure due to weakened crude steel output in October and December 2025.
- Industrial demand for Ferrous Sulphate was robust, with Industrial Production increasing by 5.2% in December 2025.
- The Manufacturing Index expanded in December 2025, indicating industrial sector growth, supporting Ferrous Sulphate demand.
- Consumer demand for Ferrous Sulphate remained subdued, with CPI at 0.8% and Retail Sales up 0.9% in December 2025.
- Industrial companies increased Ferrous Sulphate inventories in December 2025, partly anticipating the Lunar New Year.
- China's total exports and imports of goods increased in December 2025, impacting Ferrous Sulphate trade flows.
- Industrial profits accelerated towards year-end in Q4 2025 after slumps, affecting overall market sentiment.
Why did the price of Ferrous Sulphate change in December 2025 in APAC?
- Producer Price Index declined by -1.9% in December 2025, reflecting deflationary pressures on industrial goods.
- Crude steel production weakened in December 2025, reducing byproduct Ferrous Sulphate availability and supply.
- Industrial Production increased by 5.2% in December 2025, indicating stronger industrial demand for Ferrous Sulphate.
Ferrous Sulphate Prices in Europe
- In Germany, Ferrous Sulphate Price Index fell in Q4 2025, driven by decreasing producer costs and limited chemical demand.
- Ferrous Sulphate production costs declined in December 2025; Producer Price Index decreased 2.5% year-over-year.
- Ferrous Sulphate demand was limited in Q4 2025; German manufacturing demand contracted deeper in December 2025.
- Sulfuric acid feedstock costs strengthened in October 2025; German energy costs remained uncompetitive in 2025.
- German chemical production contracted in Q4 2025, with low capacity utilization in October 2025.
- German manufacturing export orders fell in December 2025, indicating reduced international demand.
- Crude steel production, a key Ferrous Sulphate source, reduced in December 2025, continuing decline.
- Industrial production increased 0.8% year-over-year in October 2025, supporting industrial chemical demand.
- Retail sales rose 0.8% in October 2025; unemployment was 3.8% in November 2025, supporting downstream.
Why did the price of Ferrous Sulphate change in December 2025 in Europe?
- Producer input costs for Ferrous Sulphate decreased 2.5% year-over-year in December 2025.
- German manufacturing demand for chemicals contracted deeper in December 2025.
- Crude steel production, a key raw material source, reduced in December 2025.
For the Quarter Ending September 2025
North America
- In United States, Ferrous Sulphate Price Index fell in Q3 2025, due to increased sulfuric acid availability and overcapacity.
- Ferrous Sulphate production costs rose from natural gas and industrial electricity price increases in Q3 2025.
- Sulfuric acid feedstock costs softened in late September 2025 due to increased availability.
- Water treatment and agricultural demand for Ferrous Sulphate strengthened in Q3 2025 due to mandates.
- Industrial production grew 0.1% year-over-year in September 2025, indicating sluggish industrial demand.
- Consumer Price Index rose 3.0% year-over-year in September 2025, impacting overall production costs.
- Producer Price Index increased 2.6% year-over-year in August 2025, signaling rising input costs.
- Ferrous Sulphate demand outlook is mixed; retail sales rose 5.42% in September 2025, with unemployment at 4.3%.
- Consumer confidence declined to 94.2 in September 2025, suggesting cautious spending; customer inventories were "too low".
Why did the price of Ferrous Sulphate change in September 2025 in North America?
- Increased sulfuric acid availability and imports pressured domestic prices.
- Broader chemical industry overcapacity in Q3 2025 pressured prices.
- Rising natural gas and industrial electricity costs elevated production expenses.
APAC
- In China, the Ferrous Sulphate Price Index fell in Q3 2025, influenced by deflationary pressures and weak industrial demand.
- Production costs for Ferrous Sulphate faced upward pressure from increased sulfuric acid feedstock costs during Q3 2025.
- Demand from the steel industry, a significant end-use sector, weakened in Q3 2025 due to a property market downturn.
- China's industrial production grew 6.5% year-on-year in September 2025, yet the Manufacturing Index was contracting.
- Agricultural sector demand for Ferrous Sulphate strengthened in Q3 2025, partially offsetting industrial sector weakness.
- Deflationary trends persisted, with CPI falling 0.3% and PPI falling 2.3% year-on-year in September 2025.
- Consumer confidence remained pessimistic at 89.6 in September 2025, contributing to cautious market sentiment for Ferrous Sulphate.
- Ferrous Sulphate price forecast remains cautious due to persistent steel inventory overhang and contracting manufacturing activity.
Why did the price of Ferrous Sulphate change in September 2025 in APAC?
- Deflationary pressures, with CPI -0.3% and PPI -2.3% year-on-year in September 2025.
- Weakened steel industry demand due to a Q3 2025 property market downturn.
- Contracting Manufacturing Index in September 2025 signaled reduced industrial activity.
Europe
- In Germany, the Ferrous Sulphate Price Index fell quarter-over-quarter, driven by lower production costs and weak industrial demand in Q3 2025.
- Ferrous Sulphate production costs decreased, with producer prices down 1.7% and natural gas prices subdued in Q3 2025.
- The Ferrous Sulphate demand outlook remained weak as Germany's Manufacturing Index was contracting in Q3 2025.
- Industrial production declined 1.0% in September 2025, reducing overall demand for industrial chemicals.
- Consumer Price Index increased 2.4% in September 2025, indicating rising operational costs for producers.
- The chemical industry business climate deteriorated significantly in July 2025, alongside declining manufacturing industrial orders.
- German chemical exports faced negative impacts from new US tariffs in July 2025, affecting trade flows.
- Retail sales rose 0.2% in September 2025; stable unemployment at 6.3% indicated economic weakness.
Why did the price of Ferrous Sulphate change in September 2025 in Europe?
- Producer prices of industrial products decreased 1.7% in September 2025, lowering Ferrous Sulphate manufacturing costs.
- Germany's Manufacturing Index was contracting in Q3 2025, signaling reduced industrial demand.
- Subdued natural gas prices in Q3 2025 reduced energy-intensive production costs for Ferrous Sulphate.
