For the Quarter Ending September 2025
North America
• In United States, the Low Smoke Zero Halogen Price Index rose quarter-over-quarter in Q3 2025, driven by increased production costs.
• Low Smoke Zero Halogen production costs increased due to a 3.0% CPI rise in September 2025 and 2.6% PPI increase in August 2025.
• Naphtha feedstock costs appreciated in Q3 2025, alongside an overall year-over-year uptick in natural gas prices.
• Low Smoke Zero Halogen demand outlook was mixed, with industrial production up only 0.1% in September 2025.
• Strong retail sales, up 5.42% in September 2025, supported Low Smoke Zero Halogen demand in related sectors.
• Automotive demand strengthened in Q3 2025, while consumer confidence declined to 94.2 in September 2025.
• Ethane feedstock supply was ample in Q3 2025 due to curtailed exports, influencing Low Smoke Zero Halogen input availability.
• The Low Smoke Zero Halogen Price Index is forecast to remain stable to slightly higher, influenced by persistent cost pressures.
Why did the price of Low Smoke Zero Halogen change in September 2025 in North America?
• Inflationary pressures, with CPI up 3.0% in September 2025, increased Low Smoke Zero Halogen production costs.
• Naphtha feedstock costs appreciated in Q3 2025, directly raising Low Smoke Zero Halogen manufacturing expenses.
• Mixed demand signals, including declining consumer confidence in September 2025, influenced Low Smoke Zero Halogen market dynamics.
APAC
• In China, the Low Smoke Zero Halogen Price Index fell in Q3 2025, influenced by weak industrial demand and lower feedstock costs.
• Low Smoke Zero Halogen production costs decreased in Q3 2025, with naphtha and natural gas prices declining in Northeast Asia.
• Demand faced headwinds from soft domestic demand and a contracting Manufacturing Index in September 2025.
• Industrial Production grew 6.5% year-over-year in September 2025, supporting Low Smoke Zero Halogen demand in manufacturing.
• Retail Sales increased 3.0% year-over-year in September 2025, moderately supporting Low Smoke Zero Halogen demand in consumer sectors.
• Surging New Energy Vehicle production and exports in Q3 2025 boosted Low Smoke Zero Halogen demand in the automotive sector.
• Fixed-asset investment in construction edged down in Q1-Q3 2025, indicating subdued Low Smoke Zero Halogen demand.
• China's CPI decreased 0.3% and PPI 2.3% year-over-year in September 2025, reflecting deflationary pressures.
Why did the price of Low Smoke Zero Halogen change in September 2025 in APAC?
• Declining PPI by 2.3% year-over-year in September 2025 indicated weak industrial demand, impacting Low Smoke Zero Halogen consumption.
• Naphtha prices in Northeast Asia declined in September 2025, reducing Low Smoke Zero Halogen production costs significantly.
• The Manufacturing Index contracted in September 2025, signaling reduced industrial activity and demand for Low Smoke Zero Halogen.
Europe
• In Germany, the Low Smoke Zero Halogen Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting industrial output.
• Low Smoke Zero Halogen production costs saw mixed trends, with elevated magnesium hydroxide costs in Q3 2025.
• Demand was impacted by a 1.0% year-over-year decline in industrial production in September 2025.
• The Manufacturing Index contracted in Q3 2025, signaling reduced industrial input demand.
• European natural gas prices moderated in Q3 2025, easing energy cost pressures.
• The Consumer Price Index rose 2.4% year-over-year in September 2025, indicating rising input costs.
• Producer prices decreased 1.7% year-over-year in September 2025, due to lower energy prices.
• German automotive production rebounded sharply in September 2025, a positive signal for demand.
• Germany's unemployment rate remained stable at 6.3% in September 2025, offering neutral demand signals.
Why did the price of Low Smoke Zero Halogen change in September 2025 in Europe?
• Contracting industrial output, down 1.0% in September 2025, reduced Low Smoke Zero Halogen demand.
• Subdued European chemical demand and a contracting Manufacturing Index pressured prices.
• Mixed production costs, including moderated natural gas and elevated magnesium hydroxide, influenced pricing.