For the Quarter Ending December 2025
North America
• In the USA, the Glass Fiber Price Index rose by 1.6% quarter-over-quarter, supported by constrained supply.
• The average Glass Fiber price for the quarter was approximately USD 1085.33/MT, reflecting balanced downstream demand.
• Glass Fiber Spot Price remained muted as freight declines and steady feedstock kept Price Index restrained.
• Glass Fiber Price Forecast points to modest volatility early 2026 with alternating small gains and declines.
• Glass Fiber Production Cost Trend was stable as soda ash feedstock prices remained flat, limiting pressure.
• Glass Fiber Demand Outlook stays constructive for wind blades and automotive lightweighting despite weaker EV housing.
• Distributor inventories remained comfortable, easing import urgency while export demand and Chinese output influenced landed costs.
• Origin production remained steady with no major outages reported, supporting stable supply and neutral Price Index.
Why did the price of Glass Fiber change in December 2025 in North America?
• Reduced ocean freight in December lowered landed costs, offset by flat feedstock prices and unchanged currency.
• Improved import arrivals and normalised port operations maintained inventories, limiting upward pressure on distributor pricing levels.
• End-use demand remained solid but not accelerated, with automotive and construction pull keeping quarter pricing neutral.
APAC
• In Malaysia, the Glass Fiber Price Index rose by 3.8% quarter-over-quarter, driven by constrained supply.
• The average Glass Fiber price for the quarter was approximately USD 918.67/MT per regional reporting.
• Glass Fiber Spot Price held firm as energy tariffs supported Glass Fiber Production Cost Trend.
• Glass Fiber Price Forecast indicates modest gains as restocking and seasonal demand support FOB levels.
• Glass Fiber Demand Outlook is balanced, with automotive electrification underpinning the Glass Fiber Price Index.
• Glass Fiber Production Cost Trend showed limited movement as gas and electricity tariffs remained unchanged.
• Glass Fiber Spot Price pressure eased as port inventories near three weeks reduced buying urgency.
• Glass Fiber Price Index reflected steady Selangor furnace operations, with deferred maintenance keeping output uninterrupted.
Why did the price of Glass Fiber change in December-2025 in APAC?
• Balanced supply from uninterrupted Selangor furnace output and steady demand left prices flat in December.
• Muted input cost movements, with gas and electricity tariffs static, constrained producer incentive to reprice.
• Adequate port inventories and smooth logistics reduced urgency, while regional restocking remained modest during post-holidays.
Europe
• In Germany, the Glass Fiber Price Index rose by 4.04% quarter-over-quarter, reflecting imports and auto demand.
• The average Glass Fiber price for the quarter was approximately USD 1038.67/MT CFR Hamburg basis.
• Glass Fiber Spot Price remained well supplied in December as container arrivals matched converter call-offs.
• Glass Fiber Production Cost Trend rose amid Soda Ash inflation, but converters absorbed additional costs.
• Glass Fiber Demand Outlook improved as automotive electrification and insulation mandates supported composite procurement volumes.
• Glass Fiber Price Forecast expects modest gains and dips into early 2026 as restocking resumes.
• Glass Fiber Price Index stability reflected comfortable inventories, subdued spot buying, and steady intra-EU imports.
• Export demand shifts and Hamburg berth restrictions influenced landed costs, regional Glass Fiber trade flows.
Why did the price of Glass Fiber change in December 2025 in Europe?
• Balanced imports and steady automotive call-offs kept December prices neutral despite minor Soda Ash pressure.
• Improved Hamburg port operations and container schedules reduced delays, limiting spot shortages and premium spikes.
• Euro stability plus contained freight rates limited landed cost volatility, moderating upward price impulses thereby.
For the Quarter Ending September 2025
North America
• In the USA, the Glass Fiber Price Index rose by 1.424% quarter-over-quarter, supported by steady imports.
• The average Glass Fiber price for the quarter was approximately USD 1068.33/MT, with balanced inventories.
• Glass Fiber Spot Price steady; Price Index showed limited upside amid consistent import flows recently.
• Glass Fiber Price Forecast points to modest fluctuations, with supplier discipline offsetting freight cost increases.
• Glass Fiber Production Cost Trend increased as resin and energy costs firmed, pressuring producer margins.
• Glass Fiber Demand Outlook is mixed, automotive recovery offset by construction weakness, but renewables supported.
• Glass Fiber Price Index movements mirrored distributor inventory drawdowns and forward bookings, tightening regional availability.
• Major producer maintenance and shipping disruptions reduced availability, supporting higher landed costs and tighter supply.
Why did the price of Glass Fiber change in September 2025 in North America?
• Steady imports from China and Malaysia maintained inventories, limiting price upside despite selective demand recovery.
• Freight increases and rerouting raised landed costs, applying upward pressure to CFR New York pricing.
• Distributor drawdowns and forward contract bookings tightened availability, supporting firming Price Index into September 2025.
APAC
• In Malaysia, the Glass Fiber Price Index fell by 1.67% quarter-over-quarter, reflecting softer demand conditions.
• The average Glass Fiber price for the quarter was approximately USD 885/MT FOB Tanjung Pelepas.
• Suppliers reported mild inventory draws, tightening the Glass Fiber Spot Price amid improving automotive demand.
• Regional export demand supported a cautious Glass Fiber Price Forecast showing modest upside through Q4.
• Resin and energy increases influenced the Glass Fiber Production Cost Trend, keeping margins under pressure.
• Sluggish construction activity constrained the Glass Fiber Demand Outlook despite automotive and renewable sector consumption.
• Distributor inventories remained ample earlier quarter, moderating Glass Fiber Price Index volatility across regional markets.
• Logistics disruptions and higher freight costs increased landed cost, supporting firmer Glass Fiber market pricing.
Why did the price of Glass Fiber change in September 2025 in APAC?
• Supply tightened from delayed imports and thinning distributor inventories, reducing available tonnage for immediate contracts.
• Demand strengthened in automotive and renewables, increasing consumption, while construction remained subdued in Malaysia only.
• Higher resin and freight costs elevated the input cost base, exerting upward pressure on landed prices.
Europe
• In Germany, the Glass Fiber Price Index rose by 1.53% quarter-over-quarter, driven by tighter supply.
• The average Glass Fiber price for the quarter was approximately USD 998.33/MT reported by suppliers.
• Glass Fiber Spot Price strengthened as tighter imports and higher freight reduced short-term market liquidity.
• Glass Fiber Production Cost Trend rose as firmer resin and bunker fuel prices squeezed margins.
• Glass Fiber Demand Outlook improved as automotive electrification and wind installations supported steady near-term offtake.
• Glass Fiber Price Forecast anticipates modest fluctuations as supply normalizes amid logistical and feedstock pressures.
• Inventory drawdowns in August reflected distributor restocking ahead of Q4, supporting a firmer Price Index.
• Major exporters shipped, but delays and port congestion significantly increased landed costs and delivery uncertainty.
Why did the price of Glass Fiber change in September 2025 in Europe?
• Port congestion at Hamburg and regional Asian delays increased freight and import landed costs, tightening supply availability.
• Resin feedstock and bunker fuel cost increases raised production costs, pressuring supplier pricing and margins.
• Robust automotive and wind energy demand supported steady offtake even as inventories were selectively drawn down.
For the Quarter Ending June 2025
North America
• The Glass Fiber Spot Price in the U.S. declined by 7.6% quarter-on-quarter, settling at USD 1080/MT CFR New York by the end of Q2 2025. The overall drop reflected reduced market confidence, sluggish procurement activity, and softened import pricing.
• Why did the Price Index change in July 2025?
The Price Index likely stabilized in early July due to balanced inventory levels and steady restocking, despite low downstream consumption.
• Glass Fiber Production Cost Trend: Base production costs remained steady; however, increased international freight charges and inland logistics constraints raised the final delivered cost for importers.
• Inventory levels remained elevated through Q2 as buyers reduced forward orders, expecting continued price corrections.
• Import volumes from China and Malaysia stayed consistent, though lower prices and long lead times prompted cautious ordering behaviour from U.S. buyers.
• Outbound shipments of specialty-grade glass fiber (e.g., chopped strands) to Latin America rose modestly, as pricing competitiveness improved.
• Glass Fiber Pricing Strategy: Domestic distributors offered discounts on older stock to reduce warehouse load, contributing to downward pricing momentum.
• Glass Fiber Demand Outlook remained weak for general-purpose glass fiber (E-glass roving, mats), while high-spec varieties saw selective interest from OEM partners.
Asia-Pacific – China
• The Glass Fiber Price Index rose by 3.9% quarter-on-quarter, reaching USD 720/MT FOB Tianjin by the end of Q2 2025, driven by improved order volumes and steady export activity.
• Why did the Price Index change in July 2025?
The Price Index remained stable in early July, supported by sustained domestic and overseas orders, particularly for chopped strand mats and direct rovings.
• Glass Fiber Production Cost Trend: Costs remained favorable due to high production efficiency and stable electricity tariffs, although some producers noted margin compression from export tax adjustments.
• Inventory turnover accelerated in Q2, especially for high-demand products like chopped strands and woven roving, as producers implemented strategic restocking cycles.
• Exports rose significantly to Southeast Asia and the Middle East. Demand for spray-up rovings and direct rovings increased, keeping Chinese output well-utilized.
• Glass Fiber Product Diversification: China Jushi and other producers expanded SKUs for high-modulus and corrosion-resistant grades, enhancing market competitiveness.
• Glass Fiber Pricing Strategy: Producers maintained FOB pricing firmness for volume contracts, while offering limited discounts for container-load deals to preferred buyers.
• Glass Fiber Demand Outlook persisted across most product categories, especially in high-strength rovings and performance-grade mats.
Europe – Germany
• The Glass Fiber Price Index in Germany decreased by 7.8% quarter-on-quarter, ending Q2 at USD 990/MT CFR Hamburg. The decline reflected inventory overhang, sluggish restocking, and weak import competitiveness.
• Why did the Price Index change in July 2025?
The Price Index remained stable in early July due to ongoing freight rate pressure, which offset softened import quotations from Asia.
• Glass Fiber Production Cost Trend: Domestic fabrication costs were steady and firm but delivered costs for imported E-glass increased due to rising ocean freight and port delays.
• Elevated stock levels across distributors—particularly in chopped strand mats and surface veils—led to reduced new procurement.
• European buyers delayed major purchases due to long shipment lead times and logistics uncertainty, reducing transactional volumes for Q2.
• Importers pushed discounts on aged stock of standard E-glass rovings, while new orders reflected cautious pricing aligned with shipping contracts.
• Specialty products like corrosion-resistant rovings and stitched mats faced delivery lags due to supplier backlogs in Asia.
• Glass Fiber Demand Outlook remained moderate, with restocking likely limited to core product lines (e.g., chopped strands and woven roving) under fixed-price agreements.
For the Quarter Ending March 2025
North America
In Q1 2025, the North American glass fibre market experienced a dynamic yet overall bearish trajectory, shaped by shifting trade policies, supply chain adjustments, and evolving procurement strategies. The quarter began with strong bullish momentum in January, driven by aggressive restocking and heightened demand from key downstream sectors like automotive and construction. This surge was largely influenced by concerns surrounding impending trade restrictions and seasonal recovery in business activity.
However, the market quickly shifted gears in February and March, registering a combined decline of over 5% in prices due to growing uncertainty around antidumping and countervailing duty (AD/CVD) investigations targeting Chinese fiberglass products. Despite stable end-user demand, buyers adopted a cautious stance, strategically depleting inventories and diversifying sources to non-tariffed regions such as Mexico and Malaysia.
The softening was further supported by reduced freight costs and oversupply conditions as global producers competed to maintain market share. Meanwhile, demand from the automotive sector remained robust, with vehicle sales showing strong year-over-year growth, but this was not sufficient to counterbalance the prevailing bearish sentiment.
Overall, Q1 2025 reflected a market caught between resilient demand and cautious procurement, shaped largely by geopolitical headwinds and evolving global trade dynamics.
APAC
In Q1 2025, the glass fibre market in the Asia-Pacific region, particularly in Malaysia, displayed a relatively stable yet nuanced trend shaped by a balance between resilient supply dynamics and fluctuating demand. January saw a strong rebound in market activity with a 10.3% increase in prices, driven by aggressive restocking and heightened international demand ahead of anticipated trade disruptions.
Despite subdued domestic automotive sales, international buyers engaged in proactive procurement, boosting overall consumption. This momentum carried into February, where prices remained steady as production stabilized despite cost pressures from rising feedstock prices and logistical challenges. Although domestic automotive sales surged by nearly 25% month-on-month, export orders remained subdued due to tariff-related uncertainties in key international markets. By March, prices dipped slightly by 1.1% as supply continued to outpace demand. Robust domestic production, supported by favourable government incentives and stable logistics, ensured minimal disruption. Simultaneously, automotive activity rebounded again, particularly in anticipation of festive demand, supporting consistent glass fibre usage. While international demand fluctuated due to trade-related caution, domestic sectors such as construction, automotive, and aerospace provided a steady consumption base.
Overall, the quarter reflected a resilient but cautious market, marked by stable supply chains and demand buoyed by structural sectoral growth.
Europe
In Q1 2025, the European glass fibre market, particularly in Germany, experienced dynamic yet stabilizing trends driven by shifting global trade flows, robust demand, and evolving regulatory landscapes. January saw a significant price rebound of 10.3%, fuelled by aggressive restocking and heightened demand from the automotive sector, as buyers moved to secure volumes ahead of anticipated tariff implementations. This momentum was further supported by rising production costs and temporary supply constraints caused by extreme weather and port congestion.
In February, prices remained stable, bolstered by a marginal uptick in new orders and defensive purchasing amid continued trade uncertainty. Though the automotive sector struggled with a 6.4% year-on-year decline in vehicle registrations, business confidence improved, encouraging firms to increase procurement. By March, prices declined slightly by 0.9%, primarily due to a more competitive supply from Malaysia, which gained prominence following EU anti-dumping duties on Chinese imports. Malaysia’s consistent export capacity and cost-effective supply helped balance the market.
Meanwhile, Germany's glass fiber demand remained strong across key sectors including construction, aerospace, and renewable energy. The quarter highlighted a resilient demand environment tempered by cautious purchasing strategies and supply chain adjustments amid shifting geopolitical and trade conditions.
