For the Quarter Ending December 2025
Glycerol Mono Stearate (GMS-SE) Prices in North America
- In the United States, the Glycerol Mono Stearate (GMS-SE) Price Index rose quarter-over-quarter in Q4 2025, driven by rising input costs.
- GMS-SE production costs increased from a 2.7% CPI rise in December 2025 and 3.0% PPI increase in November 2025.
- Demand for GMS-SE was supported by a 2.0% industrial production increase in December 2025.
- Robust consumer spending, with retail sales up 3.3% in November 2025, bolstered GMS-SE demand.
- Consumer confidence at 89.1 in December 2025, despite a decline, still supported GMS-SE demand.
- Soybean futures, a key GMS-SE feedstock, experienced downward pressure in late October and December 2025.
- US natural gas spot prices gradually rose in late 2025, increasing GMS-SE energy costs.
- A 4.4% unemployment rate in December 2025 indicated a strong labor market, supporting GMS-SE consumer demand.
Why did the price of Glycerol Mono Stearate (GMS-SE) change in December 2025 in North America?
- Rising input costs, with CPI up 2.7% in December 2025, pressured GMS-SE prices.
- Strong industrial production, up 2.0% in December 2025, bolstered GMS-SE demand.
- Downward pressure on soybean futures in December 2025 partially offset rising production costs.
Glycerol Mono Stearate (GMS-SE) Prices in APAC
- In China, the Glycerol Mono Stearate (GMS-SE) Price Index fell quarter-over-quarter in Q4 2025, driven by a -1.9% Producer Price Index in December 2025. While across the indian market within the apac the prices were settled at USD 2200/MT.
- GMS-SE production costs declined due to industrial electricity prices reaching historic lows throughout 2025, reducing operational expenses.
- Demand for GMS-SE in cosmetics and food processing sectors experienced robust growth during Q4 2025, supporting consumption.
- Overall GMS-SE demand was mixed; weak retail sales (0.9%) and low CPI (0.8%) in December 2025 dampened consumer demand.
- China's Manufacturing Index expanded in December 2025, and industrial production grew 5.2% year-on-year, boosting GMS-SE industrial use.
- Global glycerol supply increased in Q4 2025, with more Southeast Asian products entering China, influencing feedstock availability.
- Chinese manufacturers maintained cautious inventory holdings in November 2025, reflecting market uncertainties and supply considerations.
- The GMS-SE price trend was also influenced by stabilized palm oil supply in Q4 2025, despite decreased Chinese imports in September 2025.
Why did the price of Glycerol Mono Stearate (GMS-SE) change in December 2025 in APAC?
- Producer Price Index fell -1.9% in December 2025, exerting downward pressure on GMS-SE selling prices.
- Weak retail sales growth of 0.9% in December 2025 dampened consumer-driven GMS-SE demand.
- Industrial electricity prices reached historic lows in 2025, reducing GMS-SE production costs.
Glycerol Mono Stearate (GMS-SE) Prices in Europe
- In Germany, the Glycerol Mono Stearate (GMS-SE) Price Index fell in Q4 2025, influenced by producer price deflation and a manufacturing downturn.
- GMS-SE production costs declined in December 2025, as producer prices fell by 2.5% year-over-year, reducing raw material expenses.
- However, elevated natural gas prices and rising input costs for German manufacturers in Q4 2025 pressured GMS-SE production expenses.
- GMS-SE demand faced headwinds in December 2025 due to a deepening manufacturing downturn and declining new orders in Germany.
- Industrial production increased by 0.8% year-over-year in October 2025, providing some support for GMS-SE consumption.
- Retail sales grew by 0.8% year-over-year in October 2025, indicating stable consumer spending for GMS-SE end products.
- Low unemployment at 3.8% in November 2025 supported consumer purchasing power, but negative consumer confidence dampened discretionary spending.
- German manufacturers aggressively cut input stocks in December 2025, reflecting reduced industrial activity and cautious inventory management.
Why did the price of Glycerol Mono Stearate (GMS-SE) change in December 2025 in Europe?
- Producer prices fell by 2.5% year-over-year in December 2025, reducing overall GMS-SE input costs.
- Germany's manufacturing sector experienced a deepening downturn in December 2025, decreasing new orders.
- Negative consumer confidence at -12.0% in December 2025 dampened demand for GMS-SE end products.
For the Quarter Ending September 2025
North America
- In United States, the Glycerol Mono Stearate (GMS-SE) Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
- GMS-SE production costs increased due to a 2.6% YoY PPI rise in August 2025 and strengthening Q3 2025 natural gas prices.
- Demand for GMS-SE faced headwinds from a 3.0% YoY CPI increase in September 2025, reducing consumer purchasing power.
- Robust consumer spending, with retail sales up 5.42% YoY in September 2025, supported GMS-SE demand in consumer goods.
- Soybean oil prices strengthened in July 2025, then stabilized in September 2025, impacting GMS-SE feedstock costs.
- The Manufacturing Industrial Production Index inched up in August 2025, indicating slight recovery in industrial demand.
- A 4.3% unemployment rate in September 2025 suggested moderate labor market stability, but with some consumer caution.
- GMS-SE price forecast indicates continued upward pressure from sustained cost inflation, potentially moderated by demand sensitivity.
Why did the price of Glycerol Mono Stearate (GMS-SE) change in September 2025 in North America?
- Rising input costs, including a 2.6% PPI increase in August 2025, pushed GMS-SE production expenses.
- Strengthening Q3 2025 natural gas prices and July's soybean oil increases contributed to cost burdens.
- Mixed demand signals, with strong retail sales offset by declining consumer confidence in September 2025.
APAC
- In China, the Glycerol Mono Stearate (GMS-SE) Price Index rose quarter-over-quarter in Q3 2025, driven by surging feedstock.
- GMS-SE production costs increased in Q3 2025, due to surging refined glycerine and palm oil feedstock expenses.
- China's CPI decreased by 0.3% year-on-year in September 2025, indicating deflation and reduced consumer purchasing.
- The Manufacturing Index was contracting in September 2025, suggesting reduced new orders and lower industrial demand.
- Industrial production expanded by 6.5% year-on-year in September 2025, supporting GMS-SE demand from manufacturing.
- Retail sales increased by 3.0% year-on-year in September 2025, boosting GMS-SE demand in consumer applications.
- Refined glycerine inventories tightened in China during Q3 2025, as domestic supply struggled to meet consumption.
- The GMS-SE price forecast suggests continued upward pressure from feedstock costs and supply constraints.
Why did the price of Glycerol Mono Stearate (GMS-SE) change in September 2025 in APAC?
- Surging refined glycerine and palm oil feedstock costs significantly increased GMS-SE production expenses.
- Tightening refined glycerine inventories and constrained glycerol supply limited GMS-SE material availability.
- Declining PPI (-2.3% in September 2025) and consumer confidence were offset by robust industrial production.
Europe
- In Germany, the Glycerol Mono Stearate (GMS-SE) Price Index fell quarter-over-quarter in Q3 2025, driven by reduced production costs and subdued industrial demand.
- Glycerol Mono Stearate (GMS-SE) production costs declined in Q3 2025, influenced by a -1.7% year-over-year drop in producer prices in September 2025.
- Overall demand for Glycerol Mono Stearate (GMS-SE) was pressured by contracting manufacturing activity and a 1.0% industrial production decline in September 2025.
- Consumer purchasing power was impacted by a 2.4% CPI year-over-year increase in September 2025, affecting GMS-SE end-product demand.
- European glycerine prices declined in Q3 2025 due to ample supply, while stearic acid faced downward pressure in July 2025.
- High European stearic acid inventory levels in July 2025 and declining German exports in Q3 2025 influenced GMS-SE market dynamics.
- Demand for sustainable beauty products strengthened in Q3 2025, offering a positive signal for Glycerol Mono Stearate (GMS-SE) in cosmetics.
- A stable 6.3% unemployment rate in September 2025 suggested cautious consumer spending, dampening GMS-SE demand in consumer goods.
Why did the price of Glycerol Mono Stearate (GMS-SE) change in September 2025 in Europe?
- Producer prices of industrial products were lower by 1.7% year-over-year in September 2025, reducing GMS-SE manufacturing costs.
- Industrial production declined 1.0% in September 2025, alongside contracting manufacturing activity, weakening GMS-SE industrial demand.
- European glycerine and stearic acid prices declined in Q3 2025, contributing to lower feedstock costs for Glycerol Mono Stearate (GMS-SE).
