For the Quarter Ending September 2025
North America
• In USA, the Naproxen Price Index rose by 1.62% quarter-over-quarter, reflecting modest import demand recovery.
• The average Naproxen price for the quarter was approximately USD 43497.67/MT amid steady pharmaceutical procurement.
• Naproxen Spot Price softened as exporters offered discounts, lowering the Naproxen Price Index urgency slightly.
• Naproxen Demand Outlook remains cautious with measured restocking ahead of winter, supporting purchases and stability.
• Naproxen Production Cost Trend was stable as propionic acid availability kept manufacturing costs contained abroad.
• Naproxen Price Forecast suggests upward pressure into Q4 as restocking supports the Naproxen Price Index.
• High inventories curtailed buying, improving export demand with efficient logistics provided intermittent support to prices.
• Major producers operated smoothly with steady output maintaining supply stability, limiting Naproxen Spot Price volatility.
Why did the price of Naproxen change in September 2025 in North America?
• Subdued domestic demand and high stocks reduced urgency, causing exporters to lower offers and prices.
• Stable propionic acid costs lowered production expenses, enabling exporters to discount Naproxen Spot Price offers.
• Efficient logistics smooth port operations meant price changes were driven by demand, exporter offer adjustments.
APAC
• In China, the Naproxen Price Index rose by 1.72% quarter-over-quarter, reflecting demand recovery in Q3 2025.
• The average Naproxen price for the quarter was approximately USD 41230.00/MT as reported by Ex-Works quotations.
• Naproxen Spot Price eased after June correction, sellers adjusted offers to stimulate cautious procurement recovery.
• Naproxen Price Forecast signals moderate firming into Q4 as distributors rebuild stocks ahead of seasonal demand.
• Naproxen Production Cost Trend remained stable due to steady propionic acid availability and intermediate costs.
• Naproxen Demand Outlook shows steady pharmaceutical offtake from NSAID formulations, lacking aggressive restocking impulse presently.
• High inventories pressured the Naproxen Price Index as exporters and buyers paused purchases to manage stock.
• Export enquiries fluctuated, with buyers adopting tactical sourcing, moderating near-term Naproxen spot demand recovery slightly.
Why did the price of Naproxen change in September 2025 in APAC?
• Suppliers aggressively corrected offers after earlier hike, inducing downward pressure on spot and contract prices.
• Stable feedstock costs and uninterrupted production removed cost-push drivers, allowing oversupply to determine price movement.
• Demand remained cautious with high inventories and muted export enquiries, reducing urgency for replenishment across channels.
Europe
• In Germany, the Naproxen Price Index rose by 1.74% quarter-over-quarter, reflecting modest importer restocking activity.
• The average Naproxen price for the quarter was approximately USD 43503.67/MT, reflecting subdued procurement patterns.
• Naproxen Spot Price softened mid-quarter as exporters cut offers amid weaker European buying interest overall.
• Naproxen Price Forecast signals modest upward bias into autumn driven by seasonal NSAID restocking volumes.
• Naproxen Production Cost Trend remained benign as propionic acid stayed inexpensive, limiting manufacturer cost pressures.
• Naproxen Demand Outlook improved gradually with pharmaceutical and OTC restocking ahead of colder-season treatment cycles.
• Naproxen Price Index volatility was muted by smooth logistics, steady supply and inventory-driven buyer behavior.
• Importers maintained measured purchases, balanced inventories, and awaited clearer signals influencing Naproxen Price Forecast direction.
Why did the price of Naproxen change in September 2025 in Europe?
• Exporters lowered offers after May rallies, increasing downward pressure on landed prices, cooling buyer interest.
• Weak summer demand and elevated downstream inventories reduced buying urgency across pharmaceutical and OTC sectors.
• Stable feedstock costs and smooth logistics reduced cost pressures, leaving demand dynamics the price driver.
For the Quarter Ending June 2025
North America
• The Naproxen Spot Price Index in North America fell sharply in June 2025 by -5.39% and settled at USD 42,688/MT CFR Los Angeles. This decline followed a steep speculative price rise in May that was not supported by actual procurement momentum.
• Why did the price change in July 2025?
The Naproxen Spot Price in the U.S. has declined in early July due to continued subdued demand and sustained inventory overhang. The buyers were hesitant following the sharp June corrections with the Naproxen Price Forecast signalling further weakness unless fresh demand triggers emerge. The suppliers have adjusted offers lower to preserve market share in a stagnant procurement environment.
• After peaking in May (up 11.13%), prices in June collapsed due to buyer resistance and overextension by suppliers. The Q2 price trajectory moved from stability in April (+1.10%) to aggressive hikes in May, followed by correction in June which reflected a classic speculative cycle.
• The Naproxen Production Cost Trend remained flat through Q2. Steady feedstock supply—particularly Propionic Acid—ensured smooth manufacturing at origin countries, with no operational bottlenecks or raw material constraints reported.
• The Naproxen Demand Outlook in Q2 was steady but muted. U.S. pharmaceutical and OTC buyers adopted cautious restocking strategies. Without promotional drivers or seasonal uptick, offtake remained aligned with baseline needs and discouraged speculative buying.
• Importers maintained well-balanced inventories and avoided excess procurement in June. The previous month’s high prices led many to delay fresh intakes, reinforcing downward price pressure and delaying any firming trend in the Naproxen Price Forecast.
• Inland transport and port operations at Los Angeles remained smooth throughout Q2. No logistics disruptions influenced the market, and pricing fluctuations were entirely driven by speculative corrections and export quotation trends.
• Chinese and Indian exporters initially pushed aggressive offers in May to capitalize on firm global demand, but softened quotes by June due to global buyer resistance. This behaviour created price volatility in the U.S. import market.
• The Naproxen Price Forecast for Q3 suggests moderate downside risk unless pharmaceutical demand improves or stock levels normalize. Buyers are likely to remain defensive until clear pricing cues or seasonal demand emerge.
Asia Pacific
• The Naproxen Spot Price Index in Shanghai declined by 5.56% in June, reaching USD 40,375/MT EXW. This correction followed the unsustainable 11.11% increase in May, which met buyer resistance both domestically and internationally.
• Why did the price change in July 2025?
In early July, Naproxen Spot Prices in China and broader APAC slipped marginally again. Buyers were still reeling from May’s spike and approached July with caution. With subdued offtake and steady production, suppliers maintained competitive offers. The Naproxen Price Forecast points to continued softness unless demand improves.
• Q2 began with a modest +0.85% price increase in April, turned sharply bullish in May due to strong overseas demand, and dropped steeply in June amid pricing fatigue. The region tracked the classic rise-correction pattern seen globally.
• The Naproxen Production Cost Trend remained neutral. Feedstock Propionic Acid was continuously available, and Chinese producers maintained stable output across Q2. No operational or regulatory disruptions were reported.
• The Naproxen Demand Outlook stayed flat in June. Pharmaceutical buyers procured only as needed. OTC brands and hospital channels exhibited no urgency due to stable inventory positions and the absence of health emergencies.
• Suppliers and distributors refrained from restocking aggressively in June. Inventories were managed cautiously amid price volatility. Most players opted for a wait-and-watch approach, further weighing on demand and prices.
• Logistics within China and toward regional trade partners remained efficient. No inland congestion or policy hurdles impacted material movement. Hence, price declines stemmed from strategic price adjustments, not logistical disruptions.
• May’s bullish sentiment was supplier-led as exporters recalibrated long-static prices upward. However, as buyer pushback mounted in June, exporters softened their quotations, leading to immediate Naproxen Spot Price corrections.
• The Naproxen Price Forecast for Q3 APAC points to continued softness barring a medical sector upturn. Buyers will likely proceed cautiously until Q4 unless triggered by public health events or aggressive promotional procurement.
Europe
• The Price Index for Naproxen CFR Hamburg dropped by -5.47% in June, reaching USD 42,610/MT, reversing the previous 11.06% gain seen in May. This mirrored global price normalization and reflected German market conservatism.
• Why did the price change in July 2025?
In early July, Naproxen Spot Prices in Europe dropped further in response to a global downward correction. With German buyers still absorbing high-cost May stocks and demand stagnating, suppliers cut export offers. The Naproxen Price Forecast for Europe remains bearish amid low OTC and prescription activity.
• Q2 saw an initial modest price rise in April (+1.11%), followed by an aggressive May surge, then a sharp June correction. Europe mirrored the global speculative rally and subsequent buyer pushback seen across key import markets.
• The Naproxen Production Cost Trend was stable throughout Q2. Exporters operated with steady feedstock flows (Propionic Acid), while no upstream disruptions or capacity constraints emerged at origin sites in Asia.
• The Naproxen Demand Outlook in Europe remained cautious. The pharmaceutical sector maintained routine orders, but no seasonal or promotional uplift occurred. Public health stability and full stocks meant no trigger for bulk purchases.
• German importers ran moderately balanced inventories, having procured heavily in May. The correction in June discouraged further buying. This hedging behavior shaped overall market inertia and reinforced softening sentiment.
• Port Hamburg and inland German transport networks remained congestion-free. The price movement was entirely influenced by external quotation strategies, with European distributors leveraging stable logistics to defer procurement amid falling prices.
• With global offers softening post-May, exporters were forced to reduce prices to sustain volume placements. Germany, reliant on imports, saw these adjustments directly impact the Naproxen Spot Price trajectory.
• The Naproxen Price Forecast for Q3 remains bearish unless demand picks up or inventory positions normalize. Distributors are expected to continue measured purchasing unless unexpected pharmaceutical trends shift fundamentals.
For the Quarter Ending March 2025
North America
The North American Naproxen market recorded a noticeable upward movement in prices during the first quarter of 2025. Prices rose by an average of 5.26% between concluding quarter of 2024 and the first quarter of 2025. This increase was largely supported by firm downstream demand from pharmaceutical and personal care sectors.
Many buyers in these industries secured higher volumes early in the quarter, anticipating seasonal health-related product demand as the region transitioned from winter to spring. The seasonal change often prompts a rise in over the counter and prescription drug consumption, including anti-inflammatory medicines. Procurement activity remained steady through February, with suppliers maintaining good stock availability.
Logistics operations across North America were smooth, with no significant disruptions. The market also felt the indirect effects of tariff policies, which encouraged some buyers to secure domestic material over imports and added to the overall upward pressure on pricing. By the end of March, the Naproxen market in North America reflected a firm pricing tone, supported by consistent demand and well-timed procurement strategies, marking a healthy trend for first quarter of 2025.
Asia Pacific
The Asia Pacific Naproxen market experienced a moderate rise in prices through the first quarter of 2025. Average prices across the region increased by around 2.61% in comparison to previous quarter. This trend was mainly driven by steady pharmaceutical sector demand, alongside personal care applications. The Chinese Lunar New Year, which typically impacts production and logistics in early February caused brief supply adjustments, influencing prices in the broader Asia Pacific region.
Seasonal transition during this period also contributed to increased procurement activity as buyers prepared for upcoming production cycles in downstream sectors. Manufacturers in key export hubs maintained disciplined production and avoided any excess inventory buildup. Logistics operations returned to normal after the holiday period, ensuring stable material flow through March.
Although price increases were modest compared to other regions, consistent downstream demand and strategic buying behaviour kept market sentiment positive. By the end of the first quarter, the Asia Pacific Naproxen market reflected a steady pricing pattern, shaped by seasonal factors, disciplined supply management, and sustained pharmaceutical demand during first quarter of 2025.
Europe
The European Naproxen market observed a steady price increase during the first quarter of 2025. Prices in the region rose by an average of 3.71% over the first quarter in comparison to concluding quarter of 2024. This upward trend was backed by moderate yet consistent downstream demand from pharmaceutical and personal care sectors. Buyers showed a preference for maintaining well-stocked inventories which was driven by steady product offtake in local healthcare markets.
The seasonal shift from colder months to early spring contributed to a rise in over-the-counter medicine sales, including anti-inflammatory products. While demand growth was not aggressive, it remained firm enough to support price improvement across the region. Procurement strategies were carefully managed, with buyers securing regular volumes to avoid supply gaps.
Smooth logistics and uninterrupted transportation services helped maintain timely material movement. The overall European market mood stayed balanced, with no excessive stockpiling but also no signs of weak demand. By the close of March, the Naproxen market in Europe displayed a healthy and steady pricing environment which was shaped by consistent buying interest and seasonal support throughout first quarter of 2025.
For the Quarter Ending December 2024
North America
As the U.S. Naproxen market enters Q4 2024, prices are rising due to inventory shortages, strong domestic and export demand, and escalating shipping costs. Contributing factors include higher fuel charges, supply chain disruptions, and limited domestic production capacity, leading to increased landed costs.
Labor strikes by the ILWU and delayed deliveries further exacerbate these issues. Strategic stockpiling ahead of winter demand and rising feedstock costs have reinforced the upward trend. However, by November 2024, the influx of competitively priced Chinese imports, bolstered by favorable exchange rates and lower production costs, shifts the market, causing prices to decline despite high domestic inventories and weaker pharmaceutical sector demand. Improved global trade, with reduced freight costs and better logistics, enhances price competition.
By December, the market enters a new phase marked by a self-reinforcing price escalation cycle due to ongoing supply chain disruptions and rising export prices across the key producing nations. With the U.S. heavily dependent on imports and structural vulnerabilities, prices may remain elevated, signaling a potential long-term shift in market dynamics.
Asia Pacific
In the fourth quarter of 2024, China's Naproxen excipient market experienced fluctuating dynamics. October saw a significant price hike due to logistical disruptions, including a typhoon that caused shipping delays and elevated freight costs. This, coupled with post-holiday demand from the pharmaceutical sector, strained supply, and reduced inventory levels. The depreciation of the yuan also contributed to higher import costs, benefiting traders' margins. However, in November, export prices declined as demand from key sectors, particularly pharmaceuticals, weakened. Inventory management strategies, including destocking, were employed across the supply chain, further exacerbating the price drop. The downturn in related feedstock prices, especially acetic anhydride, helped reduce production costs but also deepened oversupply conditions. By December, however, the market saw a rebound, with export prices rising due to a surge in demand from Western countries post-holidays and improved logistics. Suppliers capitalized on the uptick, adjusting prices to establish a new, higher baseline for future transactions, signaling a strategic shift in the market.
Europe
In Q4 2024, Germany’s Naproxen API market experienced significant price fluctuations driven by various global and regional factors. In October, prices rose steadily due to higher raw material costs, logistical disruptions, and increased freight charges from key producers like China and India. Supply constraints allowed domestic suppliers to capitalize on arbitrage opportunities, while energy costs and euro depreciation further exacerbated import challenges. In November, a downturn followed, with subdued demand and reduced production expenses in key APAC regions. The weakening eurozone economy and declining business activity in the region contributed to limited market trading. By December, the market saw sharp price escalations due to severe supply chain disruptions, particularly from reduced Chinese exports, blank sailings, and logistical delays. Increased demand from the pharmaceutical sector and rising transportation costs compounded the market tightness. As a result, traders focused on long-term contracts and alternative suppliers. The market shifted toward a sustained bullish trend, underpinned by supply constraints, strong demand, and continued logistical challenges.
