For the Quarter Ending September 2025
North America
• In United States, the L-Cystine Price Index rose quarter-over-quarter in Q3 2025, driven by robust demand and rising production costs.
• L-Cystine production costs increased in Q3 2025, influenced by a 2.6% PPI rise in August 2025 and higher energy costs.
• Demand for L-Cystine strengthened in Q3 2025, supported by a 5.42% retail sales increase in September 2025.
• The pharmaceutical sector's robust Q3 2025, with surging FDA drug approvals, boosted L-Cystine demand.
• Animal feed market expansion in 2025, fueled by high-quality protein demand, positively impacted L-Cystine consumption.
• Corn feedstock costs declined sharply in August 2025 due to record production forecasts, easing some cost pressures.
• Ammonia feedstock costs showed an upward trend in North America during Q3 2025, tightening supply.
• Chemical industry inventories shrank in Q3 2025 due to accelerating destocking activities, indicating tighter supply.
Why did the price of L-Cystine change in September 2025 in North America?
• Rising input costs, evidenced by a 3.0% CPI increase in September 2025, pressured L-Cystine production expenses.
• Strong consumer spending, with retail sales up 5.42% in September 2025, bolstered demand for L-Cystine end products.
• Increased ammonia feedstock costs in Q3 2025, coupled with tightening supply, contributed to higher L-Cystine prices.
APAC
• In China, the L-Cystine Price Index fell in Q3 2025, driven by weak domestic demand and deflationary pressures.
• L-Cystine production costs saw downward pressure, influenced by a 2.3% decline in producer prices in September 2025.
• Coal feedstock costs for ammonia production fluctuated in Q3 2025, impacted by environmental regulations and plant shutdowns.
• Industrial output climbed 6.5% in September 2025, providing some demand support, despite contracting manufacturing activity.
• Consumer spending faced headwinds due to a 0.3% CPI decline in September 2025, impacting L-Cystine demand.
• Retail sales grew by 3.0% in September 2025, showing some consumer resilience, but overall domestic demand remained soft.
• Pharmaceutical sector growth and shifting food and beverage preferences supported specific L-Cystine applications in Q3 2025.
• Manufacturers reduced inventories in Q3 2025, responding to weakening demand across the broader chemical market.
Why did the price of L-Cystine change in September 2025 in APAC?
• Weak consumer demand, indicated by a 0.3% CPI decline in September 2025, pressured L-Cystine prices.
• Producer prices fell by 2.3% in September 2025, reflecting lower factory gate prices and input costs.
• Contracting manufacturing activity in September 2025 reduced overall industrial demand for L-Cystine.
Europe
• In Germany, the L-Cystine Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting industrial activity.
• L-Cystine production costs trended downward in Q3 2025, as producer prices decreased 1.7% in September 2025.
• Manufacturing Index contracted in Q3 2025; industrial production declined 1.0% in September, indicating subdued demand.
• Demand for L-Cystine from the pharmaceutical sector increased in Q3 2025, supported by rising turnover and production.
• L-Cystine demand from the food and beverage sector faced headwinds in Q3 2025, as household consumption declined.
• The animal feed sector exhibited growing demand for L-Cystine in Q3 2025, driven by increasing animal product demand.
• Global overcapacities persisted in the German chemical industry during Q3 2025, alongside falling overall industrial production.
• Consumer Price Index rose 2.4% in September 2025, increasing raw material and labor costs for L-Cystine.
Why did the price of L-Cystine change in September 2025 in Europe?
• Lower producer prices, down 1.7% in September 2025, reduced L-Cystine manufacturing costs.
• Contracting Manufacturing Index and 1.0% industrial production decline in Q3 2025 dampened demand.
• Increased pharmaceutical sector demand in Q3 2025 partially offset weaker industrial sector demand.
