For the Quarter Ending September 2025
North America
• In United States, the Flonicamid Price Index rose quarter-over-quarter in Q3 2025, driven by rising producer input costs.
• Flonicamid production costs trended higher in Q3 2025, influenced by a 2.6% year-over-year PPI increase in August.
• Flonicamid demand remained stable in Q3 2025, supported by robust 5.42% retail sales growth in September.
• The Flonicamid Price Index faces continued upward pressure from persistent input costs and stable agricultural demand.
• Distributor inventories of crop protection chemicals were rebuilt in Q3 2025 amidst declining US chemical production in July.
• US Flonicamid imports from China declined steeply through July 2025, influencing regional supply chain shifts.
• Stable 4.3% unemployment in September 2025 supported consumer purchasing power, benefiting agricultural markets.
• Industrial production's marginal 0.1% increase in September 2025 and declining consumer confidence (94.2) suggest caution.
Why did the price of Flonicamid change in September 2025 in North America?
• Rising input costs, with CPI up 3.0% in September 2025, pressured Flonicamid prices upward.
• Stable agricultural demand, supported by 5.42% retail sales growth in September 2025, maintained price levels.
• Global oversupply from China and declining US chemical production in July 2025 created mixed price pressures.
APAC
• In China, the Flonicamid Price Index fell quarter-over-quarter in Q3 2025, driven by persistent overcapacity and deflationary pressures.
• Flonicamid production costs trended lower in Q3 2025, influenced by a -2.3% decline in the Producer Price Index in September 2025.
• Weak consumer spending, indicated by a -0.3% CPI and 89.6 Consumer Confidence in September 2025, dampened Flonicamid demand.
• Despite a contracting Manufacturing Index, industrial production increased by 6.5% in September 2025, offering some economic stability.
• Retail sales increased by 3.0% year-over-year, with a stable 5.2% unemployment rate in September 2025 supporting consumer power.
• Agricultural production showed good momentum in Q3 2025, with crop farming value added increasing, despite reduced pesticide intensity.
• China's chemical industry experienced persistent overcapacity in 2025, with elevated operating rates and expanding production capacity.
• The Flonicamid price forecast suggests continued pressure due to ample supply and mixed demand signals in the APAC region.
Why did the price of Flonicamid change in September 2025 in APAC?
• Deflationary pressures (-0.3% CPI, 89.6 Consumer Confidence in September 2025) reduced agricultural product demand.
• Persistent chemical overcapacity and a -2.3% PPI in September 2025 lowered Flonicamid production costs.
• Contracting Manufacturing Index in September 2025 signaled economic slowdown, impacting agricultural input demand.
Europe
• In Germany, the Flonicamid Price Index remained stable in Q3 2025, influenced by mixed macroeconomic signals.
• Flonicamid production costs rose due to a 2.4% CPI increase in September 2025, impacting operational expenses.
• Conversely, a -1.7% PPI decrease in September 2025 lowered industrial input costs for Flonicamid manufacturing.
• Demand for Flonicamid was supported by intensified pest pressure on German root crops in July 2025.
• A contracting Manufacturing Index (Q3 2025) and -1.0% industrial production (September 2025) indicated economic slowdown.
• Stable retail sales (0.2% in September 2025) provided some underlying support for agricultural demand.
• Elevated general chemical feedstock costs and rising natural gas prices in September 2025 pressured Flonicamid production.
• Weakened German chemical exports in Q3 2025, partly due to US tariffs, impacted overall market balance.
Why did the price of Flonicamid change in September 2025 in Europe?
• Lower industrial input costs (PPI -1.7% in September 2025) eased Flonicamid production expenses.
• Intensified pest pressure (July 2025) and market growth supported Flonicamid demand in Q3 2025.
• Elevated feedstock costs and rising natural gas prices (September 2025) pressured Flonicamid production.