For the Quarter Ending September 2025
North America
• In United States, the Propylene Trimer Price Index fell quarter-over-quarter in Q3 2025, influenced by easing feedstock costs.
• Propylene Trimer production costs declined in Q3 2025 due to marginal decreases in propylene and naphtha prices.
• Overall Propylene Trimer demand outlook was mixed, with robust retail sales contrasting slow industrial production growth.
• US propane/propylene inventories reached record highs by September 2025, significantly exceeding the five-year average.
• Automotive demand strengthened in Q3 2025, with sales and production surging in September, supporting end-use.
• Persistent inflation, with CPI rising 3.0% in September 2025 and PPI up 2.6% in August 2025, impacted costs.
• Industrial production increased marginally by 0.1% in September 2025, signaling very slow manufacturing expansion.
• Weakening consumer confidence to 94.2 in September 2025 suggested reduced discretionary spending, dampening demand.
Why did the price of Propylene Trimer change in September 2025 in North America?
• Propylene and naphtha feedstock costs marginally declined in Q3 2025, contributing to lower production expenses.
• Record high US propane/propylene inventories by September 2025 indicated ample supply, exerting downward price pressure.
• Minimal industrial production growth (0.1% in September 2025) and declining consumer confidence dampened demand.
APAC
• In China, the Propylene Trimer Price Index fell quarter-over-quarter in Q3 2025, influenced by soft domestic demand.
• Propylene Trimer demand faced headwinds from a contracting Manufacturing Index in September 2025.
• Consumer confidence at 89.6 in September 2025 indicated pessimism, dampening Propylene Trimer demand.
• Propylene Trimer production costs increased as key raw material prices for manufacturing rose in August 2025.
• China's propylene capacity expansion and PDH unit restarts in Q3 2025 boosted supply, contributing to overcapacity.
• Industrial production expanded by 6.5% year-on-year in September 2025, supporting Propylene Trimer industrial uses.
• Retail sales increased by 3.0% year-on-year in September 2025, boosting consumer-related Propylene Trimer applications.
• The Propylene Trimer Price Index was pressured by a -2.3% year-on-year PPI decline in September 2025, suggesting lower input costs.
• Propylene Trimer demand was negatively impacted by a -0.3% year-on-year CPI decrease in September 2025, reflecting weak consumer spending.
Why did the price of Propylene Trimer change in September 2025 in APAC?
• Weak domestic demand, CPI down -0.3% year-on-year in September 2025, reduced Propylene Trimer consumption.
• Increased propylene supply from capacity expansion and PDH restarts in Q3 2025 created market oversupply.
• Contracting Manufacturing Index in September 2025 signaled reduced industrial activity, lowering Propylene Trimer demand.
Europe
• In Germany, Propylene Trimer Price Index fell in Q3 2025, driven by contracting manufacturing activity.
• Propylene Trimer production costs decreased in Q3 2025, influenced by a 1.7% PPI decline and moderating natural gas prices.
• Propylene Trimer demand faced headwinds as industrial production declined 1.0% in September 2025.
• Propylene feedstock costs notably decreased in Q3 2025 due to weak regional demand, impacting overall production expenses.
• The Manufacturing Index was contracting in Q3 2025, signaling reduced demand for chemical intermediates.
• General inflation, indicated by a 2.4% CPI in September 2025, contributed to higher operational costs for producers.
• Retail sales increased 0.2% in September 2025; 6.3% unemployment indicated stable, not robust, consumer spending.
• The Propylene Trimer price forecast remains challenged by persistent weakness in key industrial end-use sectors.
Why did the price of Propylene Trimer change in September 2025 in Europe?
• Industrial production declined by 1.0% in September 2025, reducing overall Propylene Trimer demand.
• Propylene feedstock costs decreased in Q3 2025 due to weak regional demand, lowering production.
• Manufacturing Index was contracting in Q3 2025, indicating a slowdown in industrial activity.
