For the Quarter Ending September 2025
North America
• In United States, the Magnesium Carbonate Price Index fell quarter-over-quarter in Q3 2025, influenced by improved domestic supply and shifting demand for magnesia.
• Magnesium Carbonate production costs rose in Q3 2025 due to increased Magnesium Hydroxide feedstock prices and strengthening natural gas prices.
• Industrial demand for Magnesium Carbonate was subdued by very slow industrial production growth (0.1% YoY, September 2025).
• Declining consumer confidence (94.2 index, September 2025) and a 4.3% unemployment rate tempered Magnesium Carbonate demand.
• Robust retail sales (5.42% YoY, September 2025) and increased new-car sales in Q3 2025 offered some support for Magnesium Carbonate demand.
• Inflationary pressures, with CPI up 3.0% YoY in September 2025 and PPI up 2.6% YoY in August 2025, impacted overall market dynamics.
• The global magnesia market experienced inventory build-up in Q3 2025, contributing to downward price pressure for related materials.
• Magnesium Carbonate price forecast remains uncertain, balancing rising production costs against subdued industrial demand and increased magnesia supply.
Why did the price of Magnesium Carbonate change in September 2025 in North America?
• Magnesium Hydroxide feedstock costs rose in Q3 2025, increasing Magnesium Carbonate production expenses.
• Weak industrial production (0.1% YoY, September 2025) and declining consumer confidence impacted demand.
• Improved US domestic magnesia supply and global inventory build-up in Q3 2025 influenced market prices.
APAC
• In China, the Magnesium Carbonate Price Index fell quarter-over-quarter in Q3 2025, reflecting negative CPI and contracting manufacturing activity.
• Magnesium Carbonate price forecast suggests downward pressure from pessimistic consumer confidence of 89.6 in September 2025.
• Production costs for Magnesium Carbonate declined modestly in Q3 2025, influenced by falling magnesia feedstock prices.
• Demand outlook for Magnesium Carbonate was challenged by contracting manufacturing new orders throughout Q3 2025.
• The Magnesium Carbonate Price Index reflected bearish sentiment from a -2.3% Producer Price Index in September 2025.
• Industrial production growth of 6.5% in September 2025 provided some underlying support for Magnesium Carbonate demand.
• Magnesia inventories increased in Q3 2025, indicating sluggish demand and contributing to Magnesium Carbonate price softening.
• China's Magnesium Carbonate import volumes surged in September 2025, suggesting increased supply availability in the market.
Why did the price of Magnesium Carbonate change in September 2025 in APAC?
• Negative CPI of -0.3% in September 2025 indicated weak consumer demand, impacting downstream Magnesium Carbonate.
• Producer Price Index fell by -2.3% in September 2025, reflecting weak industrial demand and lower factory prices.
• Increased magnesia inventories in Q3 2025, coupled with contracting manufacturing activity, pressured Magnesium Carbonate prices.
Europe
• In Germany, the Magnesium Carbonate Price Index fell quarter-over-quarter in Q3 2025, driven by declining producer prices and weak industrial output.
• Magnesium Carbonate production costs trended downwards, influenced by a 1.7% PPI decline in September 2025.
• Demand for Magnesium Carbonate faced headwinds as Germany's Manufacturing Index contracted in Q3 2025.
• Industrial Production in Germany decreased 1.0% in September 2025, dampening overall Magnesium Carbonate demand.
• The German construction sector experienced sustained contraction in Q3 2025, with new orders falling.
• Magnesium Carbonate demand outlook remains subdued due to fluctuating automotive production and deteriorated chemical business climate.
• Natural gas feedstock costs for Magnesium Carbonate producers fluctuated in Q3 2025, with lower prices in August and September.
• Despite a 2.4% CPI increase in September 2025, overall market weakness from contracting industrial activity pressured prices.
Why did the price of Magnesium Carbonate change in September 2025 in Europe?
• Producer prices declined 1.7% in September 2025, mainly due to lower energy costs, reducing production expenses.
• Germany's industrial production fell 1.0% in September 2025, decreasing Magnesium Carbonate demand from manufacturing.
• The Manufacturing Index contracted in Q3 2025, signaling slower industrial activity and new orders.