For the Quarter Ending March 2026
Manganese Dioxide Prices in North America
- In United States, the Manganese Dioxide Price Index rose quarter-over-quarter in Q1 2026, driven by elevated production costs.
- The producer price index increased 4.0% in March 2026, pushing the Manganese Dioxide Production Cost Trend upward.
- Consumer inflation rose 3.3% in March 2026, increasing energy-intensive manufacturing expenses for Manganese Dioxide producers.
- Retail sales grew 4.0% in March 2026, supporting a steady Manganese Dioxide Demand Outlook for battery applications.
- Industrial production grew 0.7% and the Manufacturing Index expanded in March 2026, boosting Manganese Dioxide consumption.
- The 4.3% unemployment rate and 91.8 consumer confidence index in March 2026 sustained baseline Manganese Dioxide demand.
- Manganese ore import shipments surged in February 2026, while domestic supply concentration risks for battery materials heightened.
- Industrial electricity costs surged in February 2026, directly increasing energy-intensive electrolysis expenses for Manganese Dioxide production.
- Battery material demand strengthened across the energy storage sector in February 2026, elevating the Manganese Dioxide Price Forecast.
Why did the price of Manganese Dioxide change in March 2026 in North America?
- Elevated producer prices in March 2026 forced manufacturers to pass higher costs to Manganese Dioxide buyers.
- Industrial electricity costs surged in February 2026, significantly increasing the energy-intensive Manganese Dioxide production expenses.
- Battery material demand strengthened in February 2026, tightening market availability and driving Manganese Dioxide prices upward.
Manganese Dioxide Prices in APAC
- In China, the Manganese Dioxide Price Index rose quarter-over-quarter in Q1 2026, driven by surging feedstock costs.
- Industrial production grew 5.7% year-over-year in March 2026 and boosted the Manganese Dioxide Demand Outlook.
- The Producer Price Index rose 0.5% in March 2026 and elevated the Manganese Dioxide Production Cost Trend.
- The Manufacturing Index expanded in March 2026, reflected robust activity, and supported the Manganese Dioxide Price Forecast.
- Retail sales grew 1.7% and CPI rose 1.0% in March 2026, alongside subdued consumer battery demand.
- Unemployment reached 5.4% in March 2026 and consumer confidence hit 91.6 in February 2026, which dampened spending.
- Sulfuric acid and manganese ore feedstock costs surged significantly across domestic regions throughout Q1 2026.
- The US extended antidumping duties on Chinese electrolytic manganese dioxide in February 2026, which impacted trade flows.
- Chinese port inventories of manganese ore expanded, while sulfuric acid supplies tightened acutely in Q1 2026.
Why did the price of Manganese Dioxide change in March 2026 in APAC?
- Sulfuric acid and manganese ore feedstock costs surged significantly across domestic regions in Q1 2026.
- Battery sector demand for manganese feedstock strengthened steadily during the quarter ending in March 2026.
- Maritime freight costs for imported manganese ore spiked sharply due to tensions in Q1 2026.
Manganese Dioxide Prices in Europe
- In Germany, the Manganese Dioxide Price Index rose quarter-over-quarter in Q1 2026, driven by surging regional electricity costs.
- The Manganese Dioxide Production Cost Trend increased in March 2026 as CPI inflation reached 2.7 percent.
- Producer prices fell 0.2 percent in March 2026, easing upstream cost pressures for Chemical Manganese Dioxide synthesis.
- The Manufacturing Index expanded in March 2026, directly driving higher Manganese Dioxide consumption for battery production.
- Industrial production remained stagnant at 0.0 percent in February 2026, limiting Manganese Dioxide consumption for wastewater treatment.
- Retail sales grew 0.7 percent in February 2026, sustaining the Manganese Dioxide Demand Outlook for portable electronics.
- The unemployment rate stood at 4.2 percent in February 2026, supporting Manganese Dioxide demand in consumer electronics.
- The Manganese Dioxide Price Forecast trended upward in March 2026 despite consumer confidence dropping to -24.7 points.
Why did the price of Manganese Dioxide change in March 2026 in Europe?
- Manganese ore feedstock costs trended upward in Q1 2026 following major global mining supply disruptions.
- Wholesale electricity and natural gas prices strengthened in January 2026, increasing regional chemical processing expenses.
- Battery-electric vehicle demand strengthened significantly in Q1 2026, driving higher consumption across the automotive sector.
For the Quarter Ending December 2025
Manganese Dioxide Prices in North America
- In the United States, Manganese Dioxide prices rose in Q4 2025, driven by strengthening production costs and robust industrial activity.
- Manganese Dioxide production costs increased in Q4 2025, influenced by a 3.0% year-over-year PPI rise in November 2025.
- Sulfur feedstock costs surged in December 2025, and industrial electricity costs strengthened in November 2025.
- Manganese Dioxide demand was mixed in Q4 2025, with declining EV sales but strengthened overall manganese ore demand.
- Industrial production expanded by 2.0% year-over-year in December 2025, supporting Manganese Dioxide demand.
- Retail sales increased by 3.3% year-over-year in November 2025, boosting Manganese Dioxide demand for consumer batteries.
- Sulfuric acid inventories tightened at US Gulf Coast ports in December 2025, contributing to supply constraints.
- A 2.7% year-over-year CPI increase in December 2025 indicated general inflation, raising operational costs.
Why did the price of Manganese Dioxide change in December 2025 in North America?
- Rising production costs, including a 3.0% year-over-year PPI increase in November 2025, impacted prices.
- Sulfur feedstock costs surged in December 2025, and industrial electricity costs strengthened in November 2025.
- Industrial production rose 2.0% year-over-year in December 2025, supporting demand despite declining EV sales.
Manganese Dioxide Prices in Europe
- In Germany, the Manganese Dioxide Price Index fell in Q4 2025, driven by contracting manufacturing activity in December.
- Manganese Dioxide production costs faced upward pressure in December 2025 due to a 1.8% year-on-year CPI increase.
- Demand for Manganese Dioxide was bearish in December 2025, as consumer confidence declined significantly to -17.5.
- Industrial demand for Manganese Dioxide faced headwinds in December 2025, with producer prices declining 2.5% year-on-year.
- Manufacturing activity, a key demand driver, was contracting in Germany during December 2025.
- Energy costs for Manganese Dioxide producers remained stable in Q4 2025 due to extended regulated tariffs.
- Modest 1.1% retail sales growth in November 2025 provided limited support for Manganese Dioxide demand.
- A 6.2% unemployment rate in December 2025 reduced consumer purchasing power, impacting Manganese Dioxide end-use.
- Industrial production grew modestly by 0.8% year-on-year in October 2025, offering slight upward demand pressure.
- In Spain, the Manganese Dioxide Price in December 2025 stood at 320 USD/MT FOB.
Why did the price of Manganese Dioxide change in December 2025 in Europe?
- Producer prices declined 2.5% year-on-year in December 2025, reflecting weakening industrial pricing.
- Manufacturing activity contracted in December 2025, leading to reduced raw material demand.
- Consumer confidence fell to -17.5 in December 2025, dampening consumer goods demand.
Manganese Dioxide Prices in APAC
- In China, the Manganese Dioxide Price Index fell in Q4 2025, influenced by a Producer Price Index decline of -1.9% in December 2025.
- Manganese Dioxide production costs rose in Q4 2025 due to higher manganese ore prices since mid-2025 and increased electricity costs.
- Manganese Dioxide demand was supported by expanding New Energy Vehicle shipments and strong automotive production in Q4 2025.
- Overall industrial demand for Manganese Dioxide increased as Industrial Production grew by 5.2% in December 2025.
- Weak consumer spending, with retail sales growing only 0.9% in December 2025, subdued end-use Manganese Dioxide demand.
- China's Manufacturing Index expanded in December 2025, indicating broader industrial sector growth for raw materials.
- The Manganese Dioxide price trend in Q4 2025 reflected a balance between rising input costs and subdued end-user demand.
- Manganese ore imports into China increased in October 2025, while exports decreased between October and November 2025.
Why did the price of Manganese Dioxide change in December 2025 in APAC?
- A negative Producer Price Index of -1.9% in December 2025 indicated deflationary pressure on prices.
- Weak consumer demand, with CPI at 0.8% and retail sales at 0.9% in December 2025, subdued end-use demand.
- Rising manganese ore prices since mid-2025 increased production costs, creating upward pressure on prices.
For the Quarter Ending September 2025
Manganese Dioxide Prices in North America
- In United States, the Manganese Dioxide Price Index rose quarter-over-quarter in Q3 2025, driven by inflationary pressures.
- Manganese Dioxide production costs increased from a 2.6% year-over-year PPI rise in August 2025 and higher industrial electricity.
- Demand was bolstered by a 5.42% year-over-year retail sales increase in September 2025, supporting consumer goods.
- Electric vehicle sales surged in Q3 2025, significantly boosting Manganese Dioxide demand for battery applications.
- Global manganese ore production declined year-over-year in Q3 2025, tightening regional supply.
- The Manganese Dioxide Price Index faced upward pressure from a 3.0% year-over-year CPI increase in September 2025.
- Industrial production grew slowly at 0.1% year-over-year in September 2025, moderating overall industrial demand.
- Manganese Dioxide price forecast suggests continued upward pressure from sustained inflation and raw material availability.
Why did the price of Manganese Dioxide change in September 2025 in North America?
- Rising input costs, with a 2.6% year-over-year PPI increase in August 2025, pushed Manganese Dioxide prices higher.
- Tightening regional manganese ore supply in Q3 2025, coupled with declining global production, supported price increases.
- Strong demand from surging electric vehicle sales in Q3 2025 contributed to upward pressure on Manganese Dioxide prices.
Manganese Dioxide Prices in Europe
- In Germany, the Manganese Dioxide Price Index fell quarter-over-quarter in Q3 2025, due to contracting industrial production.
- Manganese Dioxide prices are forecast to remain pressured by persistent weakness in industrial activity and demand.
- Production costs faced upward pressure from a 2.4% CPI increase in September 2025, indicating rising general costs.
- However, producer prices decreased by 1.7% in September 2025, mainly due to lower energy costs.
- Manganese Dioxide demand contracted in Q3 2025 as Germany's Manufacturing Index showed a contracting trend.
- Industrial production declined by 1.0% in September 2025, directly reducing Manganese Dioxide demand in industrial applications.
- Retail sales increased by 0.2% in September 2025, offering slight support for consumer battery sector demand.
- Demand from the German automotive sector significantly weakened in Q3 2025, impacting Manganese Dioxide consumption.
- European natural gas prices softened year-on-year in Q3 2025, yet remained elevated, influencing production costs.
Why did the price of Manganese Dioxide change in September 2025 in Europe?
- Contracting Manufacturing Index in Q3 2025 and a 1.0% decline in industrial production reduced demand.
- Producer prices decreased by 1.7% in September 2025, driven by lower energy costs.
- Weakened demand from the German automotive sector in Q3 2025 contributed to price pressure.
Manganese Dioxide Prices in APAC
- In China, the Manganese Dioxide Price Index rose quarter-over-quarter in Q3 2025, driven by increasing manganese ore costs.
- Production costs for Manganese Dioxide increased due to consistent growth in manganese ore prices in July 2025.
- Demand for Manganese Dioxide was supported by a surge in China's power battery output during Q3 2025.
- Industrial Production expanded by 6.5% in September 2025, indicating increased demand for raw materials.
- Retail sales increased by 3.0% in September 2025, bolstering consumer electronics and battery-related demand.
- The Manufacturing Index contracted in September 2025, suggesting reduced industrial activity and demand pressure.
- Chinese port manganese ore inventories inched up from June to September 2025, influencing supply dynamics.
- Natural gas prices fell in Q3 2025, offering some relief to Manganese Dioxide production costs.
- China's CPI decreased by 0.3% and PPI declined by 2.3% year-on-year in September 2025, indicating deflationary pressures.
Why did the price of Manganese Dioxide change in September 2025 in APAC?
- Manganese ore prices consistently grew in July 2025, with South32 lifting September shipment prices, increasing costs.
- Industrial Production expanded by 6.5% in September 2025, boosting overall demand for Manganese Dioxide.
- The Manufacturing Index contracted in September 2025, alongside a 2.3% PPI decline, indicating weaker industrial demand.
