For the Quarter Ending September 2025
North America
• In United States, the Hydroxylamine Sulphate Price Index fell quarter-over-quarter in Q3 2025, driven by weakened Caprolactam demand.
• Production costs faced upward pressure from a 3.0% CPI increase (September 2025) and 2.6% PPI rise (August 2025).
• The Hydroxylamine Sulphate demand outlook is bearish, with industrial production growing only 0.1% year-over-year in September 2025.
• Caprolactam inventories expanded significantly in Q3 2025, indicating domestic oversupply and contributing to price pressure.
• Cheaper Caprolactam imports, due to reduced freight and a strong US dollar, intensified supply pressure in Q3 2025.
• Consumer confidence declined to 94.2 in September 2025, alongside a 4.3% unemployment rate, impacting downstream demand.
• Ammonia supply tightened in Q3 2025 due to logistical bottlenecks and regional output reductions in August 2025.
• Despite robust retail sales increasing 5.42% year-over-year in September 2025, automotive and textile sector demand weakened.
Why did the price of Hydroxylamine Sulphate change in September 2025 in North America?
• Weakened Caprolactam demand from automotive and textile sectors reduced Hydroxylamine Sulphate consumption.
• Expanded Caprolactam inventories and cheaper imports created an oversupply, exerting downward pressure.
• Slow industrial production growth (0.1% YoY September 2025) and declining consumer confidence dampened demand.
APAC
• In China, the Hydroxylamine Sulphate Price Index fell quarter-over-quarter in Q3 2025, influenced by weak demand signals.
• Hydroxylamine Sulphate production costs rose in Q3 2025 due to climbing manufacturing input prices.
• The Manufacturing Index was contracting in September 2025, indicating reduced industrial activity for Hydroxylamine Sulphate.
• Industrial production grew by 6.5% and retail sales increased by 3.0% in September 2025, supporting demand.
• Consumer confidence remained low at 89.6 index, with unemployment at 5.2% in September 2025, impacting demand.
• Volatile coal costs, a primary feedstock for ammonia, impacted Hydroxylamine Sulphate input expenses in Q3 2025.
• Global chemical overcapacity from China persisted in Q3 2025, influencing Hydroxylamine Sulphate trade dynamics.
• Regional ammonia supply tightened in Q3 2025 due to environmental regulations and logistical constraints.
Why did the price of Hydroxylamine Sulphate change in September 2025 in APAC?
• Consumer Price Index fell by 0.3% in September 2025, indicating weak consumer demand.
• Producer Price Index declined by 2.3% in September 2025, reflecting weak industrial demand.
• The Manufacturing Index contracted in September 2025, reducing industrial chemical consumption.
Europe
• In Germany, the Hydroxylamine Sulphate Price Index fell quarter-over-quarter in Q3 2025, driven by weak industrial demand.
• Hydroxylamine Sulphate production costs were mixed; ammonia feedstock rose, but sulfuric acid declined moderately in Q3 2025.
• Demand outlook remains subdued as industrial production contracted 1.0% in September 2025, impacting chemical intermediates.
• The Manufacturing Index was contracting in Q3 2025, signaling a broader slowdown across the German manufacturing sector.
• Producer prices (PPI) decreased 1.7% year-over-year in September 2025, primarily due to lower energy input costs.
• European ammonia supply tightened in Q3 2025 due to production disruptions, affecting feedstock availability for Hydroxylamine Sulphate.
• German chemical exports weakened in Q3 2025, with sales outside Europe declining significantly, impacting market balance.
• Consumer Price Index (CPI) rose 2.4% in September 2025, while retail sales increased 0.2% and unemployment was 6.3%.
Why did the price of Hydroxylamine Sulphate change in September 2025 in Europe?
• Industrial production declined 1.0% in September 2025, significantly reducing demand for chemical intermediates.
• Producer prices fell 1.7% year-over-year in September 2025, primarily due to lower energy costs.
• Ammonia feedstock costs rose in Q3 2025 due to tightening supply, partially offsetting overall cost reductions.
