For the Quarter Ending December 2025
Isopropyl Myristate (IPM) Prices in North America
- In United States, Isopropyl Myristate (IPM) Price Index rose in Q4 2025, influenced by a 3.0% PPI increase in November 2025.
- Isopropyl Myristate (IPM) production costs increased in Q4 2025, with CPI rising 2.7% in December 2025 and natural gas prices inching up.
- Isopropyl Myristate (IPM) demand remained strong in Q4 2025, supported by a 3.3% retail sales increase in November 2025.
- Industrial production expanded 2.0% in December 2025, supporting demand for Isopropyl Myristate (IPM) in consumer goods.
- The 4.4% unemployment rate in December 2025 indicated strong consumer spending power for products containing Isopropyl Myristate (IPM).
- Naphtha feedstock costs for propylene declined in December 2025, offering some relief to Isopropyl Myristate (IPM) production expenses.
- Palm kernel availability, a key feedstock for Isopropyl Myristate (IPM), remained limited for export in Marketing Year 2025/26.
- Beauty and personal care demand experienced robust growth in the US throughout 2025, boosting Isopropyl Myristate (IPM) consumption.
Why did the price of Isopropyl Myristate (IPM) change in December 2025 in North America?
- Rising input costs, a 3.0% PPI increase in November 2025, pressured IPM prices.
- Strong consumer spending, a 3.3% retail sales increase in November 2025, bolstered IPM demand.
- Naphtha feedstock costs declined in December 2025, easing IPM production cost pressures.
Isopropyl Myristate (IPM) Prices in APAC
- In China, the Isopropyl Myristate (IPM) Price Index remained stable quarter-over-quarter in Q4 2025, reflecting mixed market dynamics. In December, the prices of IPM stood at 5188 USD/MT CFR Asia.
- Isopropyl Myristate (IPM) production costs declined in Q4 2025, influenced by a -1.9% year-on-year decrease in producer prices in December 2025.
- Demand for Isopropyl Myristate (IPM) saw an uptick in December 2025 as China's Manufacturing Index expanded.
- Industrial production increased by 5.2% year-on-year in December 2025, supporting Isopropyl Myristate (IPM) demand in end-use sectors.
- Propylene oversupply in 2025 exerted downward pressure on Isopropyl Myristate (IPM) feedstock costs, impacting overall pricing.
- Retail sales grew by 0.9% year-on-year in December 2025, providing modest support for Isopropyl Myristate (IPM) consumer product demand.
- Inventories of main raw materials in China's manufacturing industry showed a narrowing decline in December 2025.
- China's strengthening as a global petrochemical supplier in 2025 influenced Isopropyl Myristate (IPM) trade flows.
- Consumer purchasing power, indicated by a 0.8% year-on-year CPI in December 2025, supported stable Isopropyl Myristate (IPM) demand.
Why did the price of Isopropyl Myristate (IPM) change in December 2025 in APAC?
- Producer prices declined 1.9% year-on-year in December 2025, reducing Isopropyl Myristate (IPM) manufacturing costs.
- China's Manufacturing Index expanded in December 2025, improving new orders and boosting Isopropyl Myristate (IPM) demand.
- Propylene oversupply in 2025 exerted downward pressure on Isopropyl Myristate (IPM) feedstock costs.
Isopropyl Myristate (IPM) Prices in Europe
- In Germany, the Isopropyl Myristate (IPM) Price Index fell in Q4 2025, driven by a 2.5% decrease in producer prices in December 2025.
- IPM production costs declined during October-December 2025, as new season palm oil feedstock was discounted.
- Naphtha feedstock costs softened in December 2025, lowering IPM input expenses, despite surging propane costs.
- European chemical supply tightened throughout 2025; a major cracker not restarting constrained propylene into Q4 2025.
- IPM demand outlook was bearish in Q4 2025, as the Manufacturing Index showed a contracting trend in December 2025.
- Consumer confidence, at -17.5 in December 2025, reflected pessimism, impacting discretionary spending on IPM products.
- Retail sales grew 1.1% year-on-year in November 2025, offering some support for IPM demand in consumer goods.
- Industrial production increased 0.8% year-on-year in October 2025, indicating modest growth in IPM-consuming sectors.
Why did the price of Isopropyl Myristate (IPM) change in December 2025 in Europe?
- Producer prices decreased 2.5% year-on-year in December 2025, reducing manufacturing input costs.
- New season palm oil feedstock for IPM was discounted during October-December 2025.
- European chemical demand faced a downturn in major sectors in Q4 2025, weakening market momentum.
For the Quarter Ending September 2025
North America
- In the United States, the Isopropyl Myristate (IPM) Price Index rose in Q3 2025 due to general inflationary pressures.
- The 3.0% year-over-year CPI increase in September 2025 indicated rising raw material and energy costs.
- Producer Price Index (PPI) rose 2.6% year-over-year in August 2025, signifying higher input costs for IPM.
- IPM production costs moderated from steady propylene feedstock and robust palm kernel oil supply in Q3 2025.
- Natural gas prices, a key energy input, moderated in Q3 2025 due to increased US production.
- IPM demand outlook was mixed; 5.42% year-over-year retail sales growth in September 2025 supported consumer sectors.
- However, 0.1% year-over-year industrial production growth in September 2025 suggested subdued activity, impacting IPM demand.
- Declining consumer confidence (94.2) and 4.3% unemployment rate in September 2025 indicated reduced discretionary spending.
- Global overcapacity, particularly from China, continued to pressure the broader chemicals industry in Q3 2025.
Why did the price of Isopropyl Myristate (IPM) change in September 2025 in North America?
- Rising CPI (3.0% September 2025) and PPI (2.6% August 2025) increased IPM production costs.
- Moderating natural gas prices and steady propylene feedstock costs eased IPM manufacturing expenses.
- Global chemical overcapacity, notably from China, influenced Isopropyl Myristate (IPM) pricing.
APAC
- In China, Isopropyl Myristate (IPM) Price Index fell quarter-over-quarter in Q3 2025, influenced by weak producer prices.
- IPM Price Forecast indicates continued pressure from macroeconomic headwinds.
- Isopropyl Myristate (IPM) production costs faced upward pressure from elevated coconut oil prices in Q3 2025.
- Isopropyl Myristate (IPM) demand outlook was mixed, with strong personal care sales offsetting consumer caution.
- China's CPI decreased by 0.3% year-on-year in September 2025, indicating deflationary pressures.
- The Manufacturing Index in China was contracting in September 2025, signaling reduced industrial activity.
- Industrial production grew 6.5% year-on-year in September 2025, supporting overall manufacturing output.
- Retail sales in China increased 3.0% year-on-year in September 2025, supporting consumer goods demand.
- Unemployment at 5.2% in September 2025 and low consumer confidence constrained discretionary spending.
- Propylene feedstock costs fluctuated in Q3 2025, initially rising then weakening for IPM production.
Why did the price of Isopropyl Myristate (IPM) change in September 2025 in APAC?
- Producer prices declined 2.3% in September 2025, reducing IPM manufacturers' pricing power.
- Consumer confidence at 89.6 and CPI at -0.3% in September 2025 dampened discretionary demand.
- The contracting Manufacturing Index in September 2025 signaled overall industrial weakness, impacting demand.
Europe
- In Germany, the Isopropyl Myristate (IPM) Price Index fell quarter-over-quarter in Q3 2025, due to reduced production costs.
- IPM production costs decreased as producer prices fell 1.7% in September 2025, driven by lower energy costs.
- Propylene prices, a key IPM feedstock, declined considerably in Q3 2025 due to weak downstream demand.
- Demand for IPM faced headwinds from a 2.4% CPI increase in September 2025, eroding consumer purchasing power.
- Germany's Manufacturing Index was contracting in Q3 2025, signaling a slowdown in overall industrial activity.
- The Personal Care & Cosmetics sector, a major IPM end-use, showed strengthening market growth in Q3 2025.
- Retail sales rose slightly by 0.2% in September 2025, offering mild support for IPM demand in consumer products.
- Palm Kernel Oil prices, an IPM feedstock, rose in Europe during Q3 2025, indicating some cost pressure.
- Coconut oil inventories tightened in Q3 2025 due to logistical constraints and production disruptions.
Why did the price of Isopropyl Myristate (IPM) change in September 2025 in Europe?
- Producer prices for industrial products fell 1.7% in September 2025, reducing IPM manufacturing costs.
- Propylene feedstock prices declined significantly in Q3 2025, easing cost pressures for IPM production.
- Consumer purchasing power was eroded by a 2.4% CPI increase in September 2025, impacting discretionary demand.
