For the Quarter Ending June 2025
North America
• The Nonyl Phenol Price Index in North America showed a modest upward trend through Q2 2025, supported by rising input costs, particularly feedstock phenol, and sustained demand from the detergent and lubricant additive industries.
• In April 2025, prices remained under pressure due to adequate inventory levels and soft buying activity in the plastic packaging and specialty chemical sectors.
• May 2025 witnessed a slight rebound in prices, with Nonyl Phenol Spot Price increases aligned with cost-push inflation from phenol and limited output adjustments from domestic producers.
• June 2025 brought further price firmness, as Nonyl Phenol Production Cost Trend continued to rise with steady phenol values and logistical constraints from container shortages and inland freight volatility.
• Demand remained stable throughout the quarter, with the Nonyl Phenol Demand Outlook supported by downstream consumption in surfactants, lubricants, and emulsifiers.
Why did the Nonyl Phenol price change in July 2025 in North America?
In July 2025, the Nonyl Phenol Price Index in North America increased by 1.0%, driven by persistent input cost pressures from phenol and proactive restocking by detergent and FMCG sectors ahead of Q3. The tightness in container availability added to overall delivery strain, influencing suppliers to raise offers.
Asia
• The Nonyl Phenol Spot Price in Asia, especially in India and China, experienced strong upward momentum throughout Q2 2025, primarily due to upstream cost hikes and firm downstream consumption.
• In April 2025, the price dropped by 4.5% amid oversupply, ample port capacity, and weak procurement across the detergent and lubricant segments.
• May 2025 saw a recovery, with a 1.2% price increase attributed to higher phenol costs and moderate demand revival from detergent and plastic packaging manufacturers.
• By June 2025, the Nonyl Phenol Price Index surged by 7% in India, triggered by escalating phenol prices, seasonal detergent consumption during monsoon, and trader restocking that created supply tightening.
• The Nonyl Phenol Demand Outlook remained robust in Asia, especially with increased usage in emulsifiers, antioxidants, and lubricants driven by seasonal and industrial needs.
• Why did the Nonyl Phenol price change in July 2025 in Asia?
In July 2025, the Nonyl Phenol Price Index in Asia rose by 1.0%, as upstream phenol prices remained firm and demand from FMCG, surfactants, and lubricant sectors held steady. Traders continued restocking, anticipating stronger seasonal consumption in Q3, further tightening availability.
Europe
• The Nonyl Phenol Price Index in Europe was mixed during Q2 2025, with limited volatility due to stable demand and cautious procurement patterns amid economic uncertainty.
• In April 2025, prices declined slightly, attributed to subdued orders from detergent and polymer sectors and improved import availability from Asia.
• May 2025 reflected a flat-to-slightly positive trend as producers passed through minor feedstock cost increases while maintaining steady supply.
• By June 2025, prices saw modest gains amid rising phenol values and pre-summer demand for cleaning products and lubricants.
• The Nonyl Phenol Demand Outlook in Europe stayed consistent across the antioxidant and lubricant additive sectors, but aggressive restocking was largely absent.
Why did the Nonyl Phenol price change in July 2025 in Europe?
In July 2025, the Nonyl Phenol Price Index in Europe increased by 0.8%, supported by seasonal detergent demand, firm phenol input costs, and cautious restocking by distributors preparing for upcoming Q3 consumption surges.
For the Quarter Ending March 2025
North America
Nonyl Phenol prices in North America witnessed a gradual downward trend throughout Q1 2025, driven by softened demand fundamentals and stable production costs. In January, market activity remained subdued but relatively balanced, with adequate supply levels and steady operations across domestic manufacturing units. However, by February and March, weaker consumption patterns from downstream sectors, such as detergents, lubricating oil additives, and plastic stabilizers, began to weigh on market sentiment.
Stable feedstock phenol prices and uninterrupted logistics supported consistent production, but limited buying interest led to inventory build-ups. Industrial slowdown and cautious procurement strategies from end-users further restrained spot transactions. Notably, the plastic packaging sector, which consumes nonylphenol-based antioxidants like tris(4-nonyl-phenyl) phosphite (TNPP), reported lower demand amid declining output in the polymer and packaging industries.
Additionally, mild winter weather across parts of the U.S. curtailed seasonal demand for nonylphenol-based additives in coatings and lubricants. As sellers competed to offload surplus material, price adjustments became necessary, particularly in March, to maintain competitiveness in a quiet market. Overall, Nonyl Phenol prices in North America edged lower during Q1 2025, shaped by ample availability, muted industrial activity, and reduced downstream offtake across key application segments.
Asia
In Q1 2025, Nonyl Phenol prices in Asia trended downward, marking a cumulative decline amid consistent supply and softening demand fundamentals. The quarter began with stable pricing in January, supported by balanced supply chains, steady domestic production, and resilient demand from the epoxy resin sector tied to construction activity. However, momentum slowed as the quarter progressed. February saw a sharp 5.5% price drop, largely attributed to falling feedstock phenol costs and subdued downstream consumption, particularly from the coatings and construction sectors. Improved logistics and uninterrupted import flows led to an oversupplied market, while cautious procurement strategies among buyers further dampened bulk purchases. In March, prices slipped another 2.5% as inventory levels remained adequate and freight rates declined, enhancing import affordability. However, demand for detergents, emulsifiers, and lubricant additives remained underwhelming due to conservative industrial activity and ongoing destocking trends. Overall, the Asian Nonyl Phenol market closed Q1 2025 with a notable decline in prices, shaped by a combination of falling raw material costs, robust supply chains, and weakening end-user demand. The outlook remains bearish unless a significant uptick in downstream industrial consumption emerges in the following quarter.
Europe
In Q1 2025, Nonyl Phenol prices in Europe followed a softening trend, reflecting sluggish downstream demand and stable raw material availability. The quarter began on a steady note in January, supported by balanced supply chains and consistent production, particularly with feedstock phenol prices remaining subdued. However, by February and March, prices began to retreat amid tepid demand from key end-use sectors such as detergents, lubricating oil additives, and emulsifiers. Ample inventories, coupled with cautious procurement strategies by buyers, contributed to limited spot market activity. The coatings and plastic additives segments, including demand for tris(4-nonyl-phenyl) phosphite (TNPP), remained restrained due to reduced manufacturing output and macroeconomic uncertainty across the region. Additionally, no significant supply-side constraints were reported, as both domestic production and imports remained uninterrupted. Weaker industrial activity across Western Europe and a muted construction sector further impacted offtakes, leading to subdued market sentiment. As a result, suppliers across the region were compelled to adjust prices downward through the latter half of the quarter to maintain competitiveness. Overall, Nonyl Phenol prices in Europe witnessed a mild but steady decline in Q1 2025, primarily driven by oversupply conditions and persistently weak downstream demand across multiple application sectors.
For the Quarter Ending December 2024
North America
In Q4 2024, Nonyl Phenol prices in North America experienced a mix of moderate fluctuations, shaped by demand patterns, supply dynamics, and broader economic influences. Early in the quarter, prices remained stable, supported by steady demand from key sectors like coatings and personal care. The seasonal uptick in demand for decorative paints and other applications like surfactants provided some price stability, despite the ongoing volatility in raw material costs.
However, as the quarter progressed, pricing pressure emerged due to fluctuating upstream costs and softer demand from industries like surfactants and resins. Economic uncertainties, particularly the impact of high inflation and interest rates, led to cautious purchasing behavior from downstream buyers, contributing to a price decline in late Q4. Additionally, limited restocking by buyers further impacted demand, leading to a downward price trend.
Logistical disruptions and fluctuating freight costs also added complexity to the supply chain, though regional production remained steady. By December, as the festive season approached and demand softened, Nonyl Phenol prices faced downward pressure. Despite these challenges, the market remained balanced, with supply and demand fluctuations keeping the price trend relatively contained through the end of the quarter. Overall, Q4 2024 reflected a cautious market for Nonyl Phenol in North America, with early stability followed by weakening demand and price moderation towards year-end.
Asia
In Q4 2024, the price trend for Nonyl Phenol in the APAC region reflected a mix of supply-side adjustments and fluctuating demand from downstream sectors. Early in the quarter, prices saw some upward movement, driven by robust demand from the transportation sector, particularly in October. Increased petrol consumption, fueled by heightened transportation activity during the festive season, contributed to a rise in Nonyl Phenol prices. Additionally, logistical adjustments and increased container traffic at Jawaharlal Nehru Port supported imports, tightening shipping capacity and supporting prices. However, as the quarter progressed, economic slowdowns and weaker demand from the coatings, surfactant, and resins sectors resulted in price softening. In November, a decrease in prices was observed, driven by falling upstream costs such as crude oil and phenol. Slower demand from industrial applications, combined with global trade disruptions, contributed to this decline. By December, further price moderation occurred, with a decrease in Nonyl Phenol prices, as sluggish demand from the coatings sector persisted. Despite steady growth in construction and industrial activities, limited restocking and fluctuating raw material costs put downward pressure on prices. Overall, the quarter ended with a moderate decline in Nonyl Phenol prices, reflecting a cautious market sentiment amid economic and supply chain challenges.
Europe
In Q4 2024, the price trend for Nonyl Phenol in Europe followed a path shaped by both demand fluctuations and supply chain pressures. Early in the quarter, there was a steady demand for Nonyl Phenol, particularly driven by the ongoing demand in the personal care sector, which is a key consumer of the chemical. The holiday season and promotional events led to an uptick in demand for personal care products, thereby supporting price stability. However, as the quarter progressed, economic challenges, including inflation and rising energy prices, created a more cautious purchasing environment. The personal care industry, a major consumer of Nonyl Phenol, saw a shift toward more budget-conscious products, which softened demand for premium formulations. This shift resulted in a moderation of prices as companies adjusted to consumer sentiment. Additionally, rising raw material and packaging costs, driven by inflationary pressures, led to price hikes in certain product lines. Despite these challenges, steady supply dynamics helped maintain relative price stability, though some supply chain disruptions were observed in the latter part of the quarter. By December, slower retail growth and economic uncertainty contributed to price pressures on Nonyl Phenol. Overall, Q4 2024 saw a mixed trend in prices for Nonyl Phenol in Europe, with seasonal demand balancing out economic headwinds.
For the Quarter Ending September 2024
North America
In the third quarter of 2024, Nonyl Phenol prices in North America showed a marked increase, particularly in the U.S., where the most significant fluctuations were observed. This upward price trend was primarily driven by a supply-demand imbalance in the Nonyl Phenol Ethoxylates market.
While demand from key downstream sectors, such as detergents and surfactants, remained moderate, production levels were constrained due to operational challenges and below-capacity facility utilization. The availability of upstream Phenol supported consistent production, but supply chain disruptions, particularly related to reduced oil production, further affected the market.
Hurricanes and maintenance activities in the oil sector contributed to a decline in crude oil output, which had a cascading effect on the petrochemical market, including Nonyl Phenol. This dynamic was exacerbated by the 0.7% drop in global oil production, as reported by the International Energy Agency (IEA), with OPEC's output decreasing by 650,000 barrels per day. These supply constraints, combined with moderate demand, resulted in a steady increase in Nonyl Phenol prices throughout Q3 2024.
Asia
In the third quarter of 2024, the Asian Nonyl Phenol market witnessed a steady rise in prices, driven primarily by consistent demand from downstream sectors, including the Nonyl Phenol Ethoxylates industry, which serves key applications in personal care and detergents. China emerged as a focal point, where prices showed the most significant upward trend. In India, the Nonyl Phenol market dynamics were stable, supported by moderate demand, though seasonal factors like the monsoon season slightly influenced consumption. Nonyl Phenol prices in India reflected a 2.1% increase from the previous quarter, with the quarter-ending price recorded at USD 2015/MT CFR JNPT. Overall, supply chain stability, particularly the availability of upstream raw materials like Phenol, allowed for uninterrupted production and contributed to the overall price momentum across the region. However, Notable disruptions during the quarter included port congestion and labor strikes, affecting supply chains, such as Mundra Port congestion, and Port and dock workers' hunger strikes. Overall, the supply side provided moderate support for the Nonyl Phenol prices throughout the quarter. The OPEC basket crude oil prices declined during September 2024 and were assessed at USD 73.59 per barrel further affecting the Nonyl Phenol upstream costs.
Europe
In Q3 2024, the Nonyl Phenol pricing landscape in Europe, particularly within the Nonyl Ethoxylates sector, exhibited a significant upward trend, with Germany witnessing the most pronounced fluctuations. Several interrelated factors influenced this pricing environment. The consistent rise in crude oil prices has substantially impacted the manufacturing costs of Nonyl phenol, contributing to the overall price increase. This surge has been compounded by limited supplies of finished goods and robust demand from the cleaning sector, creating additional pressure on prices. Seasonal influences, including the upcoming holiday season and a reduction in manufacturing activities, also played a crucial role in shaping the pricing dynamics. Germany, as a pivotal player in this market, experienced substantial price changes throughout the quarter. The stabilization of demand from downstream industries at the termination of the quarter, coupled with ongoing supply chain disruptions and reduced production rates, resulted in a supply shortage that further pushed prices upward. Despite these price pressures, the euro area’s manufacturing sector contracted towards the end of the quarter, indicating broader economic challenges that could impact future demand for Nonyl Phenol and its derivatives. As manufacturers navigated these fluctuating conditions, the market sentiment remained cautiously optimistic, with a focus on adapting to evolving supply and demand dynamics.
FAQs
Q1. What is the current price trend of Nonyl Phenol across key regions?
A1. As of July 2025, Nonyl Phenol prices have shown moderate to strong gains across North America, Asia, and Europe, mainly due to firm phenol costs and sustained downstream demand.
Q2. Who are the top Nonyl Phenol producers in Asia?
A2. Major Nonyl Phenol producers in Asia include SI Group, DIC Corporation, and Sabic, along with regional suppliers in China and India.
Q3. What is driving the Nonyl Phenol Price Forecast for Q3 2025?
A3. The Nonyl Phenol Price Forecast suggests continued stability to mild increases, driven by strong detergent and emulsifier demand, firm upstream phenol pricing, and restocking activity ahead of festive demand.
Q4. What are the key factors influencing the Nonyl Phenol Production Cost Trend?
A4. Production costs are heavily influenced by phenol and benzene prices, synthesis complexity, freight constraints, and limited scope for rapid capacity scaling due to process intensity.
