For the Quarter Ending September 2025
North America
• US Phosphorus Oxychloride Price Index rose in Q3 2025, driven by elevated input costs despite subdued industrial demand.
• Production costs for Phosphorus Oxychloride increased in Q3 2025, with input prices remaining elevated in September 2025.
• The Producer Price Index rose 2.6% in August 2025, indicating higher operational costs for manufacturers.
• US natural gas prices, a key feedstock, saw a year-over-year uptick in Q3 2025, increasing production expenses.
• Phosphorus Oxychloride demand faced headwinds from weak chemical demand and near-stagnant industrial production (0.1% September 2025).
• Consumer confidence declined to 94.2 in September 2025, indicating cautious consumer spending impacting end-use applications.
• Retail sales, excluding auto and gas, increased 5.42% year-over-year in September 2025, supporting indirect demand.
• Finished goods inventories were negative in Q3 2025, indicating balanced supply despite weak volumes for chemical manufacturers.
Why did the price of Phosphorus Oxychloride change in September 2025 in North America?
• Elevated input costs, CPI up 3.0% in September 2025, pressured Phosphorus Oxychloride prices upward.
• Weak industrial production, up 0.1% in September 2025, limited demand, tempering potential price increases.
• Trade disruptions and tariff uncertainty in Q3 2025 also influenced market dynamics and pricing.
APAC
• In China, Phosphorus Oxychloride Price Index fell quarter-over-quarter, driven by weak demand and producer price deflation in September 2025.
• Phosphorus Oxychloride Price Forecast suggests continued pressure from contracting manufacturing and bearish consumer confidence in Q3 2025.
• Phosphorus Oxychloride Production Cost Trend saw Phosphorus Trichloride feedstock costs rise in China during Q3 2025.
• Phosphorus Oxychloride Demand Outlook was mixed; industrial production expanded 6.5% in September 2025, yet manufacturing contracted.
• The Manufacturing Index contracted in September 2025, indicating reduced industrial activity and lower new orders.
• Retail sales increased 3.0% in September 2025, indirectly supporting demand for consumer goods; unemployment remained stable at 5.2%.
• Raw material inventories in China's manufacturing sector declined in July, with the decline narrowing by September 2025.
• New export orders for manufactured goods rose in September 2025, and new vehicle exports surged throughout Q3 2025.
Why did the price of Phosphorus Oxychloride change in September 2025 in APAC?
• Producer Price Index declined 2.3% year-on-year in September 2025, exerting downward pressure on Phosphorus Oxychloride prices.
• Consumer Price Index decreased 0.3% year-on-year in September 2025, reflecting weak consumer demand for end products.
• The Manufacturing Index contracted in September 2025, signaling reduced industrial activity and lower chemical demand.
Europe
• In Germany, Phosphorus Oxychloride prices rose in Q3 2025, influenced by elevated raw material costs.
• Production costs increased due to a 2.4% CPI rise in September 2025, impacting operational expenses.
• Producer prices for industrial products decreased by 1.7% in September 2025, mainly from lower energy costs.
• Demand for flame retardants and pharmaceuticals strengthened in Germany during Q3 2025.
• Overall industrial production declined by 1.0% in September 2025, with Manufacturing Index contracting.
• Regional supply tightened in Q3 2025 due to an unexpected plant incident from July.
• European natural gas spot prices eased in Q3 2025, yet remained a cost challenge for German manufacturing.
• The Phosphorus Oxychloride Price Index reflected ongoing market adjustments to supply, demand, and retail sales.
• Stable unemployment at 6.3% in September 2025 supported consumer confidence and spending power.
Why did the price of Phosphorus Oxychloride change in September 2025 in Europe?
• Elevated raw material costs, including white phosphorus, increased production expenses in Q3 2025.
• Regional supply tightened significantly from July 2025 due to an unexpected plant incident.
• Despite a 1.7% PPI decrease in September 2025, industrial production declined by 1.0%.
