For the Quarter Ending September 2025
North America
• In USA, the Magnesium Hydroxide Price Index rose by 1.5% quarter-over-quarter, due to tightening supply.
• The average Magnesium Hydroxide price for the quarter was approximately USD 1593.33/MT, reflecting supply-demand dynamics.
• Magnesium Hydroxide Spot Price firmed as tighter Asian offers reduced available low-cost import volumes promptly
• Magnesium Hydroxide Production Cost Trend showed divergent pressures as freight eased while feedstock premiums rose
• Magnesium Hydroxide Demand Outlook remains moderate with pharmaceuticals and personal care supporting procurement amid caution
• Magnesium Hydroxide Price Forecast expects modest gains into autumn driven by restocking and manufacturing demand
• Reduced import offers and elevated inventories caused volatility in the Magnesium Hydroxide Price Index trajectory
• Major US producers operated steadily, while export inquiries and restocking provided intermittent support to prices
Why did the price of Magnesium Hydroxide change in September 2025 in North America?
• Tightening Asian export offers increased landed import costs, pressuring Magnesium Hydroxide pricing across North America
• Lower inventory replenishment accelerated restocking, supporting domestic procurement and strengthening the Magnesium Hydroxide Price Index
• Freight reductions partially offset import cost increases, moderating net price gains across North America markets
APAC
• In Indonesia, the Magnesium Hydroxide Price Index rose by 5.65% quarter-over-quarter, from higher import offers.
• The average Magnesium Hydroxide price for the quarter was approximately USD 1588.33/MT, CFR Tanjung basis.
• Magnesium Hydroxide Spot Price firmed as Indian export offers and freight increased landed import costs.
• Magnesium Hydroxide Price Index strength reflected tightening inventories, steady downstream consumption across pharmaceuticals and healthcare.
• Magnesium Hydroxide Demand Outlook remains stable with measured procurement, supporting consistent offtake and restrained restocking activity.
• Magnesium Hydroxide Production Cost Trend showed upward pressure from materials and logistics, lifting breakeven levels.
• Magnesium Hydroxide Price Forecast indicates volatility with firmness followed by slight softening in the year.
• Maritime freight and currency movements amplified landed cost sensitivity, influencing Indonesian buyers' procurement and import scheduling decisions.
Why did the price of Magnesium Hydroxide change in September 2025 in APAC?
• Higher Indian export offers and rising global freight elevated landed import costs for Indonesian buyers.
• Tightening domestic inventories amid steady downstream demand prompted urgent procurement, supporting upward Price Index trajectory.
• Marginal currency movements provided limited relief while higher logistics and raw cost pressures constrained margins.
Europe
• In the Netherlands, the Magnesium Hydroxide Price Index rose quarter-over-quarter, driven by tighter import availability from Asia and firm downstream demand.
• Magnesium Hydroxide Spot Price strengthened as limited low-cost import offers and moderate freight pressures reduced immediate supply options.
• Magnesium Hydroxide Price Forecast suggests modest upward momentum into Q4, supported by restocking and steady pharmaceutical and personal care demand.
• Magnesium Hydroxide Production Cost Trend for importers reflected mixed pressures, with higher feedstock costs partially offset by favorable freight conditions.
• Magnesium Hydroxide Demand Outlook remained moderate, with consistent purchases from pharmaceutical and personal care formulators supporting steady procurement.
• Price Index movements were influenced by tighter Asian export offers, inventory adjustments, and intermittent restocking activity across European distributors.
• Importers maintained disciplined purchasing to manage inventory levels, balancing between firm demand and competitive landed costs.
• Reliable shipping operations and stable European port logistics helped maintain supply continuity, limiting extreme volatility in the market.
Why did the price of Magnesium Hydroxide change in September 2025 in Europe and the Netherlands?
• Tight Asian export offers increased landed costs, supporting upward price adjustments in Europe.
• Moderate restocking by distributors and pharmaceutical manufacturers maintained steady demand, sustaining a firmer Price Index.
• Freight reductions and stable port operations partially mitigated import cost pressures, moderating the overall price increase.
For the Quarter Ending June 2025
North America
• The Magnesium Hydroxide Price Index USP in the United States rose in July 2025, ending the soft trend observed in Q2.
• Spot Price levels strengthened as procurement picked up across pharmaceutical and wastewater treatment sectors, tightening domestic inventories.
• Why did the price change in July 2025?
Magnesium Hydroxide USP prices in North America increased due to a combination of low starting inventories, higher ocean freight costs from Asia, and stronger restocking by downstream industries.
• The Production Cost Trend remained elevated amid rising transportation charges and limited low-cost imports, especially from APAC suppliers.
• The Demand Outlook improved in July as U.S. buyers returned to the market for restocking after cautious procurement in Q2, driving up domestic consumption.
• Local producers also faced margin pressure from high input costs, prompting more conservative pricing strategies that contributed to firming market sentiment.
• The U.S. market became less competitive in July compared to Asian suppliers, as domestic freight and packaging expenses remained high, impacting price levels.
• Price Forecast for Q3 2025?
Magnesium Hydroxide USP prices in North America are expected to remain firm or show mild upward movement through Q3 2025, supported by sustained demand, inventory replenishment, and continued reliance on high-cost imports.
Europe
• The Price Index for Magnesium Hydroxide USP in Germany trended upward in July 2025, reversing the marginal softness seen in June.
• Spot Price levels firmed as downstream procurement activities increased from the pharmaceutical and personal care sectors across major EU countries.
• Why did the price change in July 2025?
Prices rose in Germany due to restocking demand, reduced spot supply from key traders, and delayed shipments from Asia, which constrained short-term availability.
• The Production Cost Trend remained elevated due to higher energy and transportation costs across the EU, limiting the ability of domestic and regional producers to offer competitive rates.
• The Demand Outlook improved across Western Europe as buyers secured material ahead of potential logistics disruptions and in anticipation of Q3 production cycles.
• Rising costs of compliance with REACH regulations and tightened quality controls in Germany also placed upward pressure on manufacturing and final product prices.
• Reduced availability of cheaper imports from Asia, due to freight bottlenecks and production delays, supported a more bullish sentiment among European sellers.
• Price Forecast for Q3 2025?
Magnesium Hydroxide USP prices in Europe are expected to remain elevated throughout Q3 2025, driven by firm healthcare-sector demand, costlier regional production, and limited availability of low-cost imports.
APAC
• Price Index for Magnesium Hydroxide in Indonesia demonstrated an upward trajectory in July 2025, building on the sharp increase of 5.55% observed in June.
• Spot Price for Magnesium Hydroxide USP CFR Tanjung (Indonesia) increased in July, continuing its bullish momentum due to sustained cost-side pressures and import-driven pricing dynamics.
• Price Forecast for Q3 2025: Magnesium Hydroxide prices in Indonesia are expected to remain firm during Q3, supported by sustained export prices from India, limited global availability, and steady downstream demand. Inventory pressure and continued high freight rates may reinforce pricing strength in August and September.
• April 2025: Prices rose sharply due to tight supply, higher global prices, and rising logistics costs. Currency depreciation supported affordability, aiding demand.
• May 2025: Prices saw a modest increase due to higher import costs and logistical bottlenecks. Inventory restocking and consistent downstream demand reinforced market tightness.
• June 2025: Prices surged further on the back of firm Indian export offers, higher freight rates, and low inventories. Despite mild USD weakness, input cost pressures dominated.
• Production Cost Trend: Elevated input prices and sustained freight charges contributed to higher production and import costs. Indian supplier quotes remained firm, reflecting global pricing strength.
• Demand Outlook: Demand remained stable in July, driven by steady procurement from the pharmaceutical and healthcare sectors. Buyers continued to secure volumes in anticipation of prolonged price firmness. No significant order volatility was observed.
• Export Competitiveness: While Indonesian buyers absorbed high-cost imports, the market became less competitive regionally due to elevated CIF values. However, the need for pharmaceutical-grade supply ensured active trade flows.
• Inventory Dynamics: Suppliers operated with low inventory buffers, prompting price hikes to manage demand pacing. Importers maintained short-cycle procurement strategies amid rising costs.
• Why did the price change in July 2025?
The price of Magnesium Hydroxide increased in July due to persistently elevated export offers from Indian suppliers and firm global demand. Freight rates remained high, further inflating landed costs. Although the Indonesian Rupiah showed mild appreciation, it was insufficient to offset the rising import expenses. Domestic inventory remained tight while procurement activity stayed active.
For the Quarter Ending March 2025
North America
The U.S. Magnesium Hydroxide USP market experienced substantial volatility in Q1 2025, beginning with a sharp -23.77% price drop in January amid an oversupplied landscape and weak demand fundamentals. The market was weighed down by aggressive production ramp-ups from Asian suppliers, stable yet excessive domestic inventories, and soft international freight rates. As a result, buyers adopted opportunistic procurement strategies, anticipating further cost reductions in a bearish market environment.
February, however, brought an abrupt shift in pricing dynamics. A combination of supply chain disruptions, rising raw material costs, and a 10% tariff on Chinese imports triggered a sudden price rebound. Buyers scrambled to secure inventory amid constrained availability, pushing prices upward. Stronger demand from the pharmaceutical sector, alongside recovering U.S. manufacturing activity and improved consumer sentiment, further intensified competitive procurement, sustaining the price rally through the month.
The rally proved short-lived, as March saw a renewed downturn driven by persistent oversupply, falling freight costs, and deteriorating trade conditions. The imposition of retaliatory tariffs from China and escalating trade tensions dampened buyer confidence and clouded procurement strategies. Simultaneously, a declining U.S. Manufacturing PMI and easing inflation led to subdued industrial demand. Buyers focused on inventory drawdowns over new purchases, keeping overall trading volumes low and reinforcing downward pressure in the Magnesium Hydroxide market.
Asia Pacific
The Indonesian Magnesium Hydroxide USP market experienced a softening trend throughout Q1 2025, marked by a gradual decline in prices driven by oversupply, subdued demand, and macroeconomic pressures. January began with a marginal -0.34% price decrease, reflecting a stable yet cautiously managed market. Manufacturers maintained steady production, while importers benefited from balanced international trade and stable freight rates. Despite a 15.2% drop in overall imports, pharmaceutical and specialty chemical inflows remained resilient, ensuring consistent availability of USP-grade material.
In February, the market witnessed a more pronounced price decline as oversupply intensified and downstream demand weakened further. High inventory levels and Indonesia’s first recorded deflation in over two decades contributed to a bearish environment. Additionally, the weakening rupiah increased import costs, prompting buyers to delay purchases and adopt conservative procurement strategies. Suppliers, under pressure to offload excess stock, were compelled to offer competitive prices, further driving the downtrend.
March sustained this weak sentiment, with prices continuing to slide due to persistent global oversupply and reduced import valuations from major suppliers. A lower Manufacturing PMI reflected waning industrial activity, while currency volatility and recent trade tariffs heightened buyer caution. Demand remained soft, particularly in the pharmaceutical sector, as economic uncertainty and subdued inflation curbed purchasing momentum across the quarter.
Europe
The German Magnesium Hydroxide market displayed fluctuating pricing behavior throughout Q1 2025, shaped by a combination of proactive procurement in the early quarter and emerging pressures from oversupply and external economic factors in the latter part of the period. January saw a mild uptick in prices, driven by strategic buying from European industrial sectors ahead of anticipated supply constraints. These early-quarter purchases were prompted by expectations of tighter availability due to potential disruptions in global supply chains. The market remained relatively stable during this period, supported by steady production rates and a balanced demand-supply dynamic.
In February, pricing began to show signs of fluctuation as inventory levels, built up during January's buying activity, put downward pressure on prices. A reduction in shipping costs from Asia further contributed to price changes, creating a more cautious pricing environment. Buyers, sensing lower overall costs, adopted a more restrained approach to procurement, while suppliers looked to manage excess stock through price adjustments. Economic factors, including rising inflation and a weakening euro, also contributed to softer demand, leading to further price fluctuations.
By March, the market was characterized by continued pricing fluctuations, influenced by global trade dynamics and the persistence of oversupply conditions. Lower export prices from key markets, alongside weak demand from end-use sectors such as agriculture and pharmaceuticals, resulted in further pricing pressure. Despite reduced shipping rates offering some relief, the overall sentiment remained subdued, contributing to ongoing fluctuations in prices. Throughout Q1 2025, Germany's Magnesium Hydroxide market experienced a transition from early-quarter stability to later-quarter softness, with prices reflecting the balancing act between supply dynamics, demand changes, and broader economic factors.
For the Quarter Ending December 2024
North America
During Q4 2024, the Magnesium Hydroxide market in North America demonstrated overall stability with minor fluctuations. The quarter began with balanced market conditions as pharmaceutical consumers maintained routine procurement patterns. Supply chains operated efficiently, with material readily available from both domestic and international sources.
A slight softening emerged in November as buyers adopted a more cautious stance amid comfortable inventory positions and adequate supply availability. Market participants reported temporary pressure on prices as some distributors adjusted positions to manage stock levels.
December brought renewed stability as year-end activities aligned with typical seasonal patterns. Domestic suppliers maintained steady offers, supported by balanced order books and disciplined inventory management. Other end-user sectors including flame-retardants sustained requirements, coupled with regular demand from pharmaceutical applications, helped stabilize market conditions. The quarter concluded with prices returning to stable levels, reflecting balanced supply-demand fundamentals and strategic inventory management by key market participants.
APAC
In Q4 2024, Magnesium Hydroxide prices in APAC markets, particularly in Indonesia, experienced dramatic depreciation through the quarter, culminating in a severe decline exceeding 36% in December compared to November levels. The market began showing weakness amid growing inventory pressure and subdued demand from key consuming sectors. Indonesian importers, faced with high stock positions, significantly reduced procurement activities.
The bearish sentiment intensified as regional demand remained persistently weak, particularly from the pharmaceuticals sectors. Market participants reported increasing pressure on prices as suppliers competed for limited buying interest. The situation was exacerbated by comfortable inventory positions across the supply chain, forcing sellers to offer aggressive discounts to stimulate sales.
December witnessed unprecedented price erosion in Indonesia as importers implemented drastic destocking initiatives amid critically low demand. Several facilities reported severe margin pressure as prices fell sharply. The combination of high inventory levels, minimal buying interest, and desperate liquidation attempts by suppliers created a notably distressed market environment. Regional trading activities nearly halted as buyers abstained from procurement despite attractive price levels, anticipating possible further declines.
Europe
In Q4 2024, Magnesium Hydroxide prices in Germany demonstrated persistent weakness, influenced by the sharp declines in Asian markets and subdued regional demand. The quarter began with softening market fundamentals as buyers faced comfortable availability and increasingly competitive offers from Asian suppliers. European manufacturers struggled to maintain price positions amid growing pressure from imported material.
The bearish sentiment intensified through November as pharmaceutical sector demand remained below expectations. Buyers leveraged the declining Asian prices to negotiate better terms, while merchants faced margin pressure. The market witnessed increased competition among distributors, with several players reducing stock positions to align with the bearish sentiment.
December's market dynamics were characterized by continued price pressure as European distributors competed with heavily discounted Asian material. The combination of weak demand fundamentals, adequate spot availability, and strategic inventory management by buyers maintained downward pressure on prices. While consumption patterns remained steady across traditional applications, the market's bearish orientation strengthened through quarter-end, creating a challenging environment for suppliers attempting to maintain price stability.
