For the Quarter Ending September 2025
North America
• In United States, the Pymetrozine Price Index remained stable quarter-over-quarter in Q3 2025, due to mixed market signals.
• Pymetrozine production costs rose in Q3 2025, influenced by a 2.6% PPI increase year-over-year in August.
• Demand for agricultural chemicals, including Pymetrozine, is expected to rise in 2025, supported by strong retail sales.
• Retail sales increased 5.42% year-over-year in September 2025, indicating robust consumer spending on agricultural goods.
• A 4.3% unemployment rate in September 2025 supported consumer income, contributing to bullish Pymetrozine demand.
• Rising CPI of 3.0% year-over-year in September 2025 indicated inflationary pressure, impacting Pymetrozine production costs.
• Nicotinamide feedstock costs eased in Q3 2025, partially offsetting other rising input and raw material costs.
• Chemical manufacturers' inventories shrank in Q3 2025 due to destocking, tightening finished goods levels.
Why did the price of Pymetrozine change in September 2025 in North America?
• Input and raw material costs for chemical manufacturers increased in Q3 2025, raising production expenses.
• Strong retail sales, up 5.42% year-over-year in September 2025, supported underlying demand for agricultural products.
• Easing Nicotinamide feedstock costs in Q3 2025 provided some relief against overall rising energy costs.
APAC
• In China, the Pymetrozine Price Index fell quarter-over-quarter in Q3 2025, influenced by weakening consumer and producer prices.
• Pymetrozine production costs remained stable in Q3 2025, as key petrochemical feedstock prices held steady.
• Natural gas prices in China fell in Q3 2025 due to oversupply, easing overall chemical manufacturing expenses.
• China's CPI decreased by 0.3% year-on-year in September 2025, indicating softer consumer demand for agricultural products.
• The Manufacturing Index was contracting in September 2025, signaling a broader economic slowdown impacting agricultural inputs.
• Pymetrozine exports from China increased year-on-year in September 2025, despite a month-over-month decrease.
• Industrial production expanded by 6.5% year-on-year in September 2025, indirectly supporting agricultural product demand.
• Retail sales increased by 3.0% year-on-year in September 2025, bolstering demand for food and agricultural chemicals.
Why did the price of Pymetrozine change in September 2025 in APAC?
• CPI (-0.3% YoY) and PPI (-2.3% YoY) declines in September 2025 reduced farmer profitability and consumer purchasing.
• A contracting Manufacturing Index in September 2025 signaled economic slowdown, dampening overall chemical demand.
• Stable petrochemical feedstock costs and falling natural gas prices in Q3 2025 offered production cost relief.
Europe
• In Germany, the Pymetrozine Price Index fell quarter-over-quarter in Q3 2025, driven by a 1.7% decline in September 2025 producer prices.
• Pymetrozine production costs decreased in Q3 2025 from lower energy prices, despite a 2.4% CPI increase in September 2025.
• Demand for Pymetrozine was subdued in Q3 2025, as Germany's industrial production declined by 1.0% in September 2025.
• Pymetrozine demand outlook received some support from a 0.2% rise in retail sales in September 2025.
• Stable unemployment at 6.3% in September 2025 suggested consistent consumer purchasing power, indirectly aiding demand.
• Elevated chemical inventories in Q3 2025 led manufacturers to slow operating rates, impacting Pymetrozine supply.
• German chemical exports to the US faced significant damage from tariffs in Q3 2025, affecting overall market balance.
• Increased imports of cheaper Chinese goods into Europe pressured Pymetrozine prices downward in Q3 2025.
Why did the price of Pymetrozine change in September 2025 in Europe?
• Producer prices declined 1.7% in September 2025, reducing Pymetrozine manufacturing costs.
• Cheaper Chinese imports into Europe exerted downward pressure on Pymetrozine prices.
• Elevated chemical inventories in Q3 2025 led to slower operating rates, impacting supply.
