For the Quarter Ending June 2025
North America
• The Nitromethane Price Index for Q2 2025 exhibited a mixed trend, beginning with relative stability in April and followed by notable price corrections in May and June.
• In April 2025, the Nitromethane Spot Price held steady, supported by residual pre-season demand from the agrochemical and specialty fuel industries. Elevated upstream costs—particularly for methanol and nitric acid—contributed to a firm Nitromethane Production Cost Trend, helping maintain price levels. The Nitromethane Demand Outlook remained moderately strong at the start of Q2, cushioning the market against downward pressure.
• Moving into May 2025, the Nitromethane Price Index declined by approximately 10–12% as downstream buying activity slowed. Increased availability of lower-cost imports enabled U.S. suppliers to reduce prices. The Nitromethane Spot Price trended downward in response to weakened demand, and a slight easing in input costs softened the Nitromethane Production Cost Trend.
• In June 2025, the Nitromethane Price Index continued its downward trajectory. Seasonal monsoon-related slowdowns in key end-use industries reduced demand further, while inventory levels remained sufficient. This created limited pricing leverage for sellers. The Nitromethane Demand Outlook turned bearish by the end of the quarter. The Nitromethane Price Forecast for early Q3 projected continued price softness unless demand revives or raw material costs rise.
Why did the price of Nitromethane change in North America in June 2025?
The Nitromethane Price Index decreased in July, driven by persistent demand weakness and steady flows of competitively priced imports. The Nitromethane Spot Price remained under pressure, and with no significant shift in the Nitromethane Production Cost Trend or Nitromethane Demand Outlook, sellers faced limited upside.
APAC
• The Nitromethane Price Index declined consistently from April to June due to weaker demand, lower feedstock costs, and seasonal logistics issues.
• Nitromethane Spot Price dropped due to increased supply and competition.
• Eased input costs drove a lower Nitromethane Production Cost Trend.
• Sellers reduced prices to maintain volume in a competitive market.
• Nitromethane Demand Outlook turned bearish with slowing industrial activity.
Why did the price of Nitromethane change in Asia in June 2025?
• The Nitromethane Price Index decreased further.
• Continued weak Nitromethane Demand Outlook and low Nitromethane Spot Price pressured the market.
• Nitromethane Production Cost Trend remained subdued, with no signs of immediate rebound.
Europe
• The Nitromethane Price Index remained stable throughout Q2 2025, shaped more by operational and logistical activity than pricing volatility.
• Nitromethane Spot Price held steady amid stable freight volumes and improved terminal throughput in Frankfurt, Lyon, and Antwerp.
• The Nitromethane Production Cost Trend showed no significant changes, maintaining cost stability.
• The Nitromethane Price Forecast for early Q3 indicated possible softness if demand fails to rebound, especially from agrochemical and pharma sectors.
Why did the price of Nitromethane change in Europe in June 2025?
• The Nitromethane Price Index decreased slightly due to weak sectoral demand and high inventory levels.
• Nitromethane Spot Price adjusted marginally downward amid lacklustre market activity.
FAQs
1. What is the current price of Nitromethane (as of July 2025)?
As of July 2025, the Nitromethane Spot Price continues to trend lower across major regions. In the United States, the Nitromethane Price Index decreased due to weak downstream demand and competitive imports. In Asia, FOB-China spot offers also fell further, while Europe saw a slight dip due to subdued sectoral offtake and high inventory levels. Exact pricing varies based on grade, volume, and delivery terms.
2. Who are the top Nitromethane producers in the United States?
Major Nitromethane producers in the United States include:
• ANGUS Chemical Company – One of the global leaders in nitroalkane production.
• Aceto Corporation
• Zibo Xinglu Chemical Co
• Wujiang Bolin Industry Co. Ltd
3. What is the Nitromethane Demand Outlook for Q3 2025?
The Nitromethane Demand Outlook for Q3 2025 is mixed:
Agrochemicals: Expected to stay weak post-planting season.
Pharmaceutical Intermediates: Likely to remain cautious with continued tight cash flow.
Specialty Fuels: May offer slight seasonal support during peak motorsport and model fuel activities.
Overall, demand recovery is uncertain without stronger industrial and seasonal drivers.
4. What factors are influencing the Nitromethane Production Cost Trend?
The Nitromethane Production Cost Trend is mainly influenced by:
• Feedstock prices, especially methanol and nitric acid.
• Energy and logistics costs across regions.
• Plant utilization rates and raw material availability.
• In Q2 2025, production costs remained stable to slightly lower, especially in Asia, where feedstock prices eased.
