For the Quarter Ending September 2025
North America
• In the United States, the Poly Epi-Amine Price Index rose quarter-over-quarter in Q3 2025, driven by increased input costs and shrinking inventories.
• Poly Epi-Amine production costs increased, influenced by a 2.6% rise in the Producer Price Index by August 2025.
• US natural gas prices rose year-on-year in Q3 2025, impacting energy and feedstock expenses for chemical manufacturers.
• Poly Epi-Amine demand outlook was mixed; industrial production grew only 0.1% year-over-year in September 2025.
• Strong retail sales, up 5.42% in September 2025, supported demand for paper products utilizing Poly Epi-Amine.
• Declining consumer confidence to 94.2 in September 2025 suggested potential headwinds for overall Poly Epi-Amine demand.
• Industry inventories for chemical manufacturers shrank in Q3 2025 due to accelerated destocking efforts.
• The unemployment rate was 4.3% in September 2025, indicating a healthy labor market but potential labor cost pressure.
• The Poly Epi-Amine Price Index is expected to remain firm due to persistent cost pressures and inventory adjustments.
Why did the price of Poly Epi-Amine change in September 2025 in North America?
• Rising input costs, including a 2.6% PPI increase by August 2025, pressured Poly Epi-Amine prices upward.
• Shrinking industry inventories in Q3 2025, from accelerated destocking efforts, contributed to price firmness.
• Modest industrial production growth of 0.1% in September 2025 offered limited demand-side support.
Europe
• In Germany, the Poly Epi-Amine Price Index fell in Q3 2025, due to contracting industrial demand and lower producer prices.
• Poly Epi-Amine production costs faced upward pressure from modestly increased Epichlorohydrin prices in Q3 2025.
• Overall producer prices for industrial products decreased by 1.7% in September 2025, primarily due to lower energy costs.
• Germany's Manufacturing Index showed a contracting trend in Q3 2025, leading to subdued Poly Epi-Amine demand outlook.
• Industrial production in Germany declined by 1.0% in September 2025, directly impacting Poly Epi-Amine consumption.
• The construction sector experienced sustained contraction in Q3 2025, contributing to weak Poly Epi-Amine demand.
• European chemical industry capacity utilization declined in Q3 2025, reflecting weak domestic and export orders.
• Retail sales in Germany rose by 0.2% in September 2025, offering slight indirect support to Poly Epi-Amine demand.
Why did the price of Poly Epi-Amine change in September 2025 in Europe?
• Industrial production declined 1.0% in September 2025, reducing Poly Epi-Amine demand from key manufacturing sectors.
• Producer prices decreased 1.7% in September 2025, driven by lower energy costs, impacting Poly Epi-Amine pricing.
• Contracting manufacturing activity, indicated by the Manufacturing Index in Q3 2025, dampened overall market demand.
APAC
• In China, the Poly Epi-Amine Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting manufacturing activity.
• Poly Epi-Amine production costs rose in Q3 2025 due to increased Epichlorohydrin feedstock expenses.
• Demand outlook was mixed; industrial output grew 6.5% year-over-year in September 2025, supporting some demand.
• The Manufacturing Index contracted in September 2025, signaling reduced industrial output and new orders.
• Consumer Price Index declined 0.3% year-over-year in September 2025, reflecting weak consumer demand.
• Producer Price Index decreased 2.3% year-over-year in September 2025, indicating industrial pricing pressures.
• Amine production capacity expanded in July 2025, contributing to broader chemical industry overcapacity.
• Exports of Amine Compounds from China increased significantly in September 2025.
• Consumer confidence remained pessimistic in September 2025, with an index value of 89.6.
Why did the price of Poly Epi-Amine change in September 2025 in APAC?
• Contracting Manufacturing Index in September 2025 reduced industrial demand for chemical inputs.
• Producer Price Index declined 2.3% year-over-year in September 2025, reflecting weak industrial pricing.
• Increased Epichlorohydrin feedstock costs in Q3 2025 pressured Poly Epi-Amine production expenses.