For the Quarter Ending September 2025
North America
• In United States, the Imidacloprid Price Index rose quarter-over-quarter in Q3 2025, driven by strengthening demand and increasing production costs.
• Imidacloprid production costs increased in Q3 2025, influenced by a 2.6% PPI rise in August and higher feedstock.
• Demand for agricultural chemicals strengthened in 2025, supported by surging pest pressure in Q3 2025.
• Robust retail sales, up 5.42% in September 2025, supported consumer-facing Imidacloprid applications.
• Low 4.3% unemployment rate in September 2025 boosted consumer purchasing power, aiding pest control demand.
• Declining consumer confidence to 94.2 in September 2025 suggested cautious spending in consumer segments.
• Marginal 0.1% industrial production growth in September 2025 indicated weak economic momentum.
• Ample naphtha inventories in July 2025 contributed to balanced overall chemical inventories during Q3 2025.
• Farm income strengthened in 2025, supporting agricultural investment and demand for crop protection chemicals.
Why did the price of Imidacloprid change in September 2025 in North America?
• Rising production costs, with PPI up 2.6% in August, pressured Imidacloprid prices upward.
• Strong agricultural demand, driven by surging pest pressure in Q3 2025, supported higher pricing.
• Increased retail sales, up 5.42% in September 2025, boosted consumer Imidacloprid product demand.
APAC
• In China, the Imidacloprid Price Index fell quarter-over-quarter in Q3 2025, influenced by declining producer prices and weakened feedstock costs.
• Imidacloprid production costs trended lower in Q3 2025, as methylamine feedstock costs weakened and supplies were abundant.
• The Imidacloprid demand outlook was supported by robust agricultural sector demand for pesticides in Q3 2025.
• China's consumer price index declined by 0.3% year-over-year in September 2025, indicating weak consumer demand.
• Producer prices fell by 2.3% year-over-year in September 2025, suggesting lower raw material costs.
• The Manufacturing Index was contracting in September 2025, while industrial production grew by 6.5% year-over-year.
• Retail sales increased by 3.0% year-over-year in September 2025, bolstering demand for agricultural products.
• Unemployment at 5.2% and consumer confidence at 89.6 in September 2025 indicated mixed economic sentiment.
Why did the price of Imidacloprid change in September 2025 in APAC?
• Declining producer prices by 2.3% year-over-year in September 2025 reduced Imidacloprid production costs.
• Weakened methylamine feedstock costs and abundant supplies eased overall cost pressures in China during Q3 2025.
• A contracting Manufacturing Index in September 2025 signaled a slowdown in industrial activity and demand.
Europe
• In Germany, the Imidacloprid Price Index remained stable quarter-over-quarter in Q3 2025, influenced by mixed macroeconomic signals.
• Imidacloprid production costs faced upward pressure from rising naphtha and ammonia feedstock costs in Q3 2025.
• Producer prices of industrial products declined by 1.7% year-over-year in September 2025, driven by lower energy costs.
• Agricultural demand for wheat and rapeseed strengthened in Germany in Q3 2025, supporting Imidacloprid demand.
• Overall chemical demand in Europe remained weak in Q3 2025, with downstream customers limiting restocking.
• Germany's industrial production declined by 1.0% year-over-year in September 2025, reflecting broader economic weakness.
• The Manufacturing Index for Germany was contracting in Q3 2025, indicating a slowdown in the industrial sector.
• Ammonia inventories tightened in Germany in Q3 2025, while European natural gas prices increased monthly in August 2025.
• Germany's chemical export sales outside Europe declined significantly in Q3 2025, impacting trade flows.
Why did the price of Imidacloprid change in September 2025 in Europe?
• Producer prices of industrial products fell 1.7% in September 2025, primarily due to lower energy costs.
• Naphtha and ammonia feedstock costs experienced an upward trend in Europe during Q3 2025.
• Weak overall chemical demand in Europe and declining German chemical exports impacted market sentiment in Q3 2025.