For the Quarter Ending December 2025
North America
• In USA, the Polyacrylamide Price Index rose by 0.57% quarter-over-quarter, reflecting balanced fundamentals and exports.
• The average Polyacrylamide price for the quarter was approximately USD 2651.67/MT per FOB Texas assessments.
• Polyacrylamide Spot Price remained stable amid ample feedstock availability and steady operating rates limiting volatility.
• Polyacrylamide Price Forecast indicates seasonal oscillation in early 2026 driven by restocking and feedstock pass-through.
• Polyacrylamide Production Cost Trend showed limited upward pressure as acrylamide costs edged higher but remained contained.
• Polyacrylamide Demand Outlook is cautious due to muted oilfield consumption but supported by water treatment.
• Polyacrylamide Price Index movements have been tempered by high inventories and logistics reducing import pressures.
• Export demand to Canada and Mexico supported US offers while domestic production remained near capacity.
Why did the price of Polyacrylamide change in December 2025 in North America?
• Balanced domestic production and ample feedstock limited upward pressure despite modest export interest and bids.
• Stable plant operating rates and comfortable inventories reduced urgency for buyers, keeping spot activity subdued.
• Eased logistics and lower freight eased import parity, allowing competitive offers to cap domestic increases.
APAC
• In China, the Polyacrylamide Price Index fell by 0.37% quarter-over-quarter, reflecting mild downward pressure from weaker domestic orders.
• The average Polyacrylamide price for the quarter was approximately USD 798.33/MT, per regional assessment reported.
• Tightened November supply and acrylamide cost increases supported a firmer Polyacrylamide Spot Price into December.
• Polyacrylamide Price Forecast indicates modest volatility near-term as feedstock cost-push offsets seasonal demand fluctuations and restocking.
• Upward acrylamide pricing drove the Polyacrylamide Production Cost Trend, constraining aggressive discounting by smaller producers.
• Polyacrylamide Demand Outlook remains cautious with municipal projects boosting volumes while industrial restocking delays persist.
• Export logistics normalisation reduced port delays, supporting the Polyacrylamide Price Index and improving seller confidence.
• Balanced inventories and steady operating rates limited extreme volatility, though smaller players maintained conservative selling to protect margins.
Why did the price of Polyacrylamide change in December 2025 in APAC?
• Acrylamide feedstock rose sharply in December, increasing conversion costs and prompting producers to raise offers.
• Export demand remained steady while port disruptions earlier eased, balancing supply and supporting firmer pricing.
• Domestic municipal procurement and restrained distributor inventories absorbed volumes, limiting sellers' need for aggressive discounting.
Europe
• In Germany, the Polyacrylamide Price Index rose by 8.18% quarter-over-quarter, driven by feedstock and logistics constraints.
• The average Polyacrylamide price for the quarter was approximately USD 3591.67/MT, reflecting stable demand and modest cost pressure.
• Polyacrylamide Spot Price remained range-bound as distributors absorbed competitively priced Chinese powders and adjusted inventories.
• The Polyacrylamide Price Forecast anticipates modest volatility early next year driven by feedstock and seasonal restocking.
• Polyacrylamide Production Cost Trend showed mild upward pressure from acrylamide and logistics, partly offset by stable energy tariffs.
• Polyacrylamide Demand Outlook remains steady with municipal wastewater and paper sectors supporting baseline consumption into spring.
• Polyacrylamide Price Index sensitivity to Hamburg port congestion and export flows tightened availability, lifting short-term seller offers.
• Major producers BASF and Kemira operated at regular rates, limiting forced outages and supporting market stability.
Why did the price of Polyacrylamide change in December 2025 in Europe?
• Stable production and steady demand maintained equilibrium, limiting broad price moves despite marginal feedstock increases.
• Port and logistics normalized, easing prior congestion, which improved availability and restrained further upward price pressure.
• Energy and utilities costs remained steady while modest acrylamide cost uptick only partially transmitted to finished PAM.
For the Quarter Ending September 2025
North America
• In the USA, the Polyacrylamide Price Index rose by 7.47% quarter-over-quarter, reflecting supply-demand imbalance now.
• The average Polyacrylamide price for the quarter was approximately USD 2636.67/MT, driven by tight supply.
• Polyacrylamide Spot Price firmed as buyers replenished inventories amid tighter availability and stronger downstream orders.
• Polyacrylamide Price Forecast shows modest near-term volatility, with small increases from seasonal water treatment demand.
• Polyacrylamide Production Cost Trend reflected acrylamide feedstock increases, marginally supporting higher producer offer levels recently.
• Polyacrylamide Demand Outlook remains constructive for mining and water sectors, sustaining procurement despite seasonal softness.
• Polyacrylamide Price Index gains were amplified by export interest and inventory drawdowns at regional suppliers.
• Logistics efficiencies and planned maintenance limited availability, supporting the Price Index despite occasional buyer caution.
Why did the price of Polyacrylamide change in September 2025 in North America?
• Supply shortfalls from reduced regional availability combined with proactive buyer restocking increased upward pressure significantly.
• Feedstock acrylamide cost uptick elevated production expenses, contributing to sustained supplier offers despite some cost easing.
• Export demand and inventory drawdowns, alongside logistic constraints and tariff timing, tightened market balances materially.
APAC
• In China, the Polyacrylamide Price Index fell by 7.0% quarter-over-quarter in Q3 2025, reflecting inventory-driven weakness.
• The average Polyacrylamide price for the quarter was approximately USD 801.33/MT, supported by steady mining sector procurement.
• Polyacrylamide Spot Price remained pressured by ample stocks despite intermittent supplier hedging and cautious buying behavior.
• Polyacrylamide Price Forecast indicates modest volatility as restocking cycles and festival buying interact with inventory adjustments.
• Polyacrylamide Production Cost Trend softened following lower acrylamide feedstock costs, easing producer margin pressures this quarter.
• Polyacrylamide Demand Outlook shows steady mining and industrial consumption but restrained export inquiries limiting upside potential.
• Polyacrylamide Price Index movements were influenced by logistic delays, competitive quotations, and hedging among major domestic suppliers.
• Domestic producer operational adjustments and export softness combined to compress realized margins while supporting short-term market stability.
Why did the price of Polyacrylamide change in September 2025 in APAC?
• Tight domestic inventories earlier in the quarter reversed to moderate stock levels, easing upward price pressure.
• Feedstock acrylamide cost declines reduced production costs, prompting suppliers to lower ex-quotations and soften market pricing.
• Export demand weakness and logistical disruptions constrained trading activity, amplifying inventory-driven bearish sentiment across the region.
Europe
• In Germany, the Polyacrylamide Price Index fell by 5.52% quarter-over-quarter, reflecting limited demand and ample supply.
• The average Polyacrylamide price for the quarter was approximately USD 3320.00/MT, reflecting subdued trading and inventory expectations.
• Polyacrylamide Spot Price remained pressured by weak export demand and subdued procurement across industrial end users.
• Polyacrylamide Production Cost Trend eased due to lower acrylamide feedstock prices and modest energy reductions.
• Polyacrylamide Demand Outlook stays soft because mining and water treatment sectors delayed purchases during slowdown.
• Polyacrylamide Price Forecast indicates marginal downside near term with potential restocking support post summer holidays.
• Polyacrylamide Price Index movements reflected cautious supplier pricing and balanced inventories, limiting pressure on offers.
• Producers maintained cautious production rates to prevent oversupply while monitoring tariff uncertainty and logistics risks.
Why did the price of Polyacrylamide change in September 2025 in Europe?
• Ample inventories versus weak downstream demand constrained bidding, driving a net price decline in September.
• Reduced acrylamide feedstock costs and Euro strength eased production costs, supporting sellers' lower offers overall.
• Limited export enquiries and buyer caution amid tariff uncertainty slowed purchasing, suppressing short-term price recovery.
For the Quarter Ending June 2025
North America
• The polyacrylamide (PAM) Spot Price in North America increased by 2.32% quarter-over-quarter in Q2 2025, reflected in a bullish Price Index.
• The polyacrylamide market in North America, particularly the US, followed a bullish trajectory over the second quarter of 2025, reflected in a firm Price Index supported by rising upstream and logistics costs.
• The White House’s decision to fast-track ten mining projects under the FAST-41 initiative signaled long-term demand growth from the mining sector, increasing procurement of auxiliary chemicals like PAM.
• Supply remained steady but faced mild disruptions from tariff-related import constraints, tightening feedstock availability, and nudging the Price Index upward.
• Moderate demand from downstream sectors such as wastewater treatment and mining was supported by infrastructure agreements pointing to future growth potential.
• U.S. manufacturing activity improved, with increased new orders and a shift toward domestic sourcing, reinforcing market confidence despite flat production volumes.
• A surge in trading activity driven by proactive procurement, combined with stable economic conditions, contributed to a positive outlook and sustained upward pressure on the PAM Price Index through the quarter.
Why did the price of Polyacrylamide change in July 2025 in the US?
• The price of polyacrylamide in North America saw a change in July 2025 due to increased demand from key sectors such as water treatment and mining, which drove up consumption levels.
• While production remained steady and logistics were efficient, the tightening availability of certain feedstocks introduced cost-side pressure, contributing to upward pricing momentum.
APAC
• The polyacrylamide (PAM) Spot Price in the APAC region increased by 2.15% quarter-over-quarter in Q2 2025, reflected in a bullish Price Index.
• The polyacrylamide market in China followed a bullish trend throughout the second quarter, supported by steady demand from downstream sectors such as mining and water treatment.
• Persistent supply-demand imbalance, due to port congestion and constrained inventory levels, led to tighter regional availability, putting upward pressure on the price index.
• Manufacturing operations remained stable, though rising feedstock costs and surging cargo bookings to the US added to supply-side strain.
• Proactive procurement behavior among buyers further increased market activity, reflecting efforts to secure sufficient inventory amid growing demand.
• Strength in China’s mining sector, including higher coal and alumina production, contributed to improved consumption of polyacrylamide in mineral processing applications.
• Suppliers adjusted their pricing strategies to align with firm market sentiment and increased trading activity, reinforcing the upward trend in the price index.
Why did the price of Polyacrylamide change in July 2025 in Asia?
• The price of polyacrylamide in Asia is witnessing an upward shift in July 2025, driven by rising demand from downstream sectors such as mining and industrial water treatment.
• Market participants are increasing their purchasing efforts to secure sufficient stock in anticipation of continued consumption growth, especially from the resource extraction sector.
Europe
• The polyacrylamide (PAM) Spot Price in the Europe region witnessed a slight decline of 0.3% quarter-over-quarter in Q2 2025, reflected in a slight bearish Price Index.
• The polyacrylamide price index in Germany showed a consistent downward trend during the second quarter of 2025, primarily due to limited demand from downstream sectors such as mining and water treatment.
• Manufacturing activity remained stable with consistent production, while logistical networks functioned smoothly, maintaining sufficient inventory levels across the region.
• A decline in raw material costs, especially acrylamide, along with supplier-driven discounts, contributed to easing input costs and reinforced the bearish trend in the price index.
• Buyers remained cautious, adopting a wait-and-watch approach amid economic uncertainty and weak industrial sentiment, preferring to draw from existing inventories instead of placing new orders.
• The mining sector’s muted activity, combined with limited infrastructure investments and budget constraints in key regions, further reduced procurement volumes.
Why did the price of Polyacrylamide change in July 2025 in Europe?
• The price of polyacrylamide in Europe softened in July 2025 due to weakening industrial activity and reduced consumption across key sectors.
• Ample inventory levels and steady production limited any upward pressure on prices, while procurement remained cautious.
• Softer input costs and limited buying interest created the conditions for a minor price correction during the month.
For the Quarter Ending March 2025
North America
In Q1 2025, the North American Polyacrylamide (PAM) market saw a marginal price increase of 0.58%, closing the quarter at USD 2,350/MT. This mild uptick was primarily driven by stronger performance in January and February, which offset March’s downward trend.
In January, demand rebounded as industrial activity resumed post-holiday, especially in the water treatment and oil & gas sectors. Environmental regulations encouraged adoption of PAM in wastewater treatment, while advancements in enhanced oil recovery supported its usage in the energy sector. Favorable feedstock costs and robust inventory management stabilized production, despite logistical challenges and labor shortages.
February maintained a positive trend due to increased inquiries from municipal utilities and steady operations in the mining sector. Feedstock acrylamide prices rose, pushing production costs higher, which contributed to moderate pricing pressure.
However, March saw a decline due to weakened demand and oversupply. Despite this, the strong start to the quarter sustained a net-positive price movement, reflecting stable underlying demand from key sectors.
APAC
In Q1 2025, Polyacrylamide (PAM) prices in China rose by 2.37%, reaching USD 860/MT in March. The price increase was largely driven by firm demand recovery from the mining and municipal water treatment sectors. Following the Lunar New Year, numerous infrastructure and wastewater treatment projects resumed in Northern China, increasing chemical procurement levels.
Simultaneously, mineral extraction activity in Inner Mongolia and Yunnan provinces ramped up in the last month of the quarter, boosting PAM consumption for solid-liquid separation and tailings treatment. This industrial momentum created a consistent demand stream, directly influencing price stability and upward movement.
Manufacturing remained stable, with producers operating at regular capacity. While some moderation in output was observed in late March to prevent overstocking, efficient supply chain responses helped match growing sector-specific demand.
Export interest slightly improved, adding to positive market sentiment. Overall, a combination of post-holiday industrial recovery, regional project restarts, and mining expansion played key roles in sustaining the upward pressure on Polyacrylamide prices during the first quarter.
Europe
In Q1 2025, the European Polyacrylamide (PAM) market recorded a cumulative price increase of 2.24%, driven by strong cost-push factors and consistent demand from the water treatment and mining sectors.
January saw a 1.0% price rise, largely due to increased feedstock acrylamide costs and supply disruptions caused by severe winter weather. High energy prices and delayed logistics elevated production expenses, prompting manufacturers to adjust prices. Water treatment demand remained stable, underpinned by the rollout of the revised Urban Wastewater Treatment Directive.
In February, prices rose another 1.5% as acrylamide prices surged on the back of higher propylene values. Supply tightness intensified due to reduced plant capacity utilization and inconsistent import flows. Meanwhile, firm demand from water utilities and steady mining activity, especially in potash and brown coal, reinforced price strength.
March maintained the momentum with a 1.5% increase, supported by a post-winter recovery in water treatment operations and ongoing procurement in mineral processing. Overall, cost pressures and stable downstream demand fuelled the quarter’s upward price trend.
