For the Quarter Ending September 2025
North America
• In the United States, the Fipronil Price Index rose quarter-over-quarter in Q3 2025, driven by increasing producer input costs.
• Fipronil production costs saw a sharp fall in chlorobenzene feedstock prices during Q3 2025.
• Overall producer input costs increased by 2.6% in August 2025, impacting Fipronil pricing.
• Fipronil demand outlook was supported by a 5.42% rise in retail sales in September 2025.
• However, weakening consumer confidence (94.2 in September 2025) tempered discretionary Fipronil spending.
• Industrial production growth of 0.1% in September 2025 indicated a weak economic environment, dampening Fipronil demand.
• The US pest control market grew in 2025, driven by health awareness and strong insecticide demand.
• US chemical industry faced overcapacity in 2025; exports and imports are projected to ease.
Why did the price of Fipronil change in September 2025 in North America?
• Rising CPI (3.0% in September 2025) and PPI (2.6% in August 2025) increased Fipronil production expenses.
• Chlorobenzene feedstock costs fell sharply in Q3 2025, partially offsetting Fipronil price increases.
• Strong retail sales (5.42% in September 2025) supported demand, while consumer confidence (94.2) declined.
APAC
• In China, the Fipronil Price Index fell quarter-over-quarter in Q3 2025, driven by soft domestic demand and deflationary pressures.
• Fipronil production costs remained stable in Q3 2025, as petrochemical feedstock costs, including benzene, held relatively steady.
• The Fipronil demand outlook was soft due to a contracting Manufacturing Index and negative CPI in September 2025.
• China's CPI decreased by 0.3% year-over-year in September 2025, indicating weak consumer demand impacting affordability.
• The PPI declined by 2.3% year-over-year in September 2025, exerting downward pressure on Fipronil selling prices.
• Persistent global oversupply and expanding overcapacity in key chemical building blocks pressured Fipronil prices in Q3 2025.
• Retail sales increased by 3.0% year-over-year in September 2025, supporting pet care demand and indirectly agricultural inputs.
• Industrial production grew by 6.5% year-over-year in September 2025, supporting Fipronil supply chains despite economic moderation.
Why did the price of Fipronil change in September 2025 in APAC?
• Deflationary pressures from a 0.3% CPI decrease and 2.3% PPI decline in September 2025 reduced Fipronil pricing power.
• Soft domestic demand and a contracting Manufacturing Index in September 2025 contributed to overall weaker Fipronil demand.
• Persistent global oversupply and expanding chemical overcapacity in Q3 2025 exerted significant downward pressure on Fipronil prices.
Europe
• In Germany, the Fipronil Price Index fell quarter-over-quarter in Q3 2025, driven by weakened chemical demand and high inventories.
• Fipronil production costs saw mixed trends; producer prices decreased 1.7% year-on-year in September 2025.
• Natural gas prices exerted upward pressure on energy costs for chemical production throughout Q3 2025.
• Petrochemical feedstock costs remained relatively steady in Q3 2025, facing concerns over trade tensions.
• Fipronil demand outlook was bearish due to contracting industrial production, down 1.0% in September 2025.
• Agricultural sector demand for crop protection chemicals showed signs of stabilization in Q3 2025.
• German chemical exports weakened year-on-year in Q3 2025, while imports increased, impacting market balance.
• Consumer spending faced pressure from a 2.4% CPI increase in September 2025, despite retail sales rising 0.2%.
Why did the price of Fipronil change in September 2025 in Europe?
• Weakened demand for chemical products in Germany, with industrial production down 1.0% in September 2025.
• Persistent lack of new orders and low order backlogs for the German chemical industry in Q3 2025.
• Increased chemical imports into Germany year-on-year in Q3 2025, alongside weakened exports.
