For the Quarter Ending September 2025
North America
• In United States, the Isophorone Diamine (IPDA) Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs with increase in the ammonia price which offsetted the continuous decrement in the acetone price.
• IPDA production input costs increased, with CPI 3.0% in September 2025 and PPI 2.6% in August 2025.
• Industrial production grew only 0.1% year-over-year in September 2025, indicating weak industrial chemical demand.
• Strong retail sales, up 5.42% in September 2025, indirectly supported IPDA demand in durable goods.
• Declining consumer confidence to 94.2 in September 2025 suggested reduced spending, impacting IPDA demand.
• US auto sales strengthened in Q3 2025, with automotive production shifting toward US assembly.
• Overall construction spending increased slightly in August 2025, despite declining housing starts.
• US tariffs in Q3 2025 exacerbated the petrochemical sector, influencing trade flows and market dynamics.
Why did the price of Isophorone Diamine (IPDA) change in September 2025 in North America?
• Rising input costs, with PPI up 2.6% in August 2025, pressured IPDA prices upward.
• Weak industrial production, growing only 0.1% in September 2025, tempered overall IPDA demand.
• US tariffs in Q3 2025 contributed to a strained petrochemical sector, influencing IPDA pricing.
APAC
• In China, the Isophorone Diamine (IPDA) Price Index fell in Q3 2025, influenced by weakening producer prices.
• Acetone feedstock costs weakened towards Q3 2025 end, impacting IPDA production expenses.
• Automotive demand strengthened in Q3 2025, driven by robust vehicle sales and surging new energy vehicle adoption.
• Industrial production expanded 6.5% year-on-year in September 2025, supporting increased consumption of industrial chemicals.
• Retail sales increased 3.0% year-on-year in September 2025, indirectly boosting demand for IPDA in consumer goods.
• The Manufacturing Index was contracting in September 2025, suggesting continued downward pressure on industrial chemical prices.
• Consumer confidence remained pessimistic at 89.6 in September 2025, indicating weak future spending intentions.
• Producer Price Index (PPI) fell 2.3% year-on-year in September 2025, signaling weak industrial demand.
• Consumer Price Index (CPI) decreased 0.3% year-on-year in September 2025, reflecting deflationary pressures.
Why did the price of Isophorone Diamine (IPDA) change in September 2025 in APAC?
• Acetone feedstock costs weakened towards Q3 2025 end, reducing overall production expenses for IPDA.
• The Producer Price Index fell 2.3% in September 2025, signaling weak industrial demand and pricing power.
• Manufacturing activity was contracting in September 2025, leading to reduced demand for raw materials.
Europe
• In Germany, the Isophorone Diamine (IPDA) Price Index fell in Q3 2025, due to contracting industrial activity.
• IPDA production costs faced mixed pressures from falling acetone feedstock and elevated energy prices in Q3 2025.
• Isophorone Diamine (IPDA) demand remained bearish due to weakened German construction and automotive sectors.
• Industrial production declined 1.0% year-over-year in September 2025, significantly dampening IPDA consumption.
• A contracting Manufacturing Index in Q3 2025 indicated reduced new orders for industrial chemicals like IPDA.
• Elevated acetone inventories and global oversupply conditions pressured Isophorone Diamine (IPDA) prices in Q3 2025.
• German chemical industry export business weakened in Q3 2025, impacting overall trade flows for Isophorone Diamine (IPDA).
• The Isophorone Diamine (IPDA) Price Index is forecast to remain stable with potential for further declines.
• CPI up 2.4%, PPI down 1.7%, retail sales up 0.2%, unemployment 6.3% in September 2025.
Why did the price of Isophorone Diamine (IPDA) change in September 2025 in Europe?
• Weakened demand from construction and automotive sectors in Germany during Q3 2025.
• Industrial production declined 1.0% year-over-year in September 2025, reducing IPDA consumption.
• Falling acetone feedstock costs and a -1.7% PPI YoY impacted production costs.