For the Quarter Ending December 2025
Rubber Process Oil Prices in APAC
- In China, Rubber Process Oil prices rose in Q4 2025, driven by accelerating manufacturing input costs in December 2025.
- In Asia, Rubber Process Oil prices were recorded at USD 346 /MT in Q4 2025.
- Rubber Process Oil demand was bolstered by China's automotive market growth and surging New Energy Vehicle sales in 2025.
- Industrial production increased 5.2% year-over-year in December 2025, strongly supporting demand for Rubber Process Oil.
- Weak consumer spending, with retail sales at 0.9% year-over-year in December 2025, tempered Rubber Process Oil demand.
- China's manufacturing activity expanded in December 2025, signaling increased raw material demand for various sectors.
- Crude oil prices were flat or weakened during the second half of 2025, influencing Rubber Process Oil feedstock costs.
- The Rubber Process Oil Price Index faced downward pressure from a -1.9% Producer Price Index year-over-year in December 2025.
- High unemployment at 5.1% in December 2025 contributed to cautious consumer spending, impacting overall market demand.
Why did the price of Rubber Process Oil change in December 2025 in APAC?
- Accelerating manufacturing input cost inflation in December 2025 pressured Rubber Process Oil prices upward.
- Robust industrial production, increasing 5.2% year-over-year in December 2025, supported Rubber Process Oil demand.
- Weak producer prices, with PPI at -1.9% year-over-year in December 2025, exerted downward price pressure.
Rubber Process Oil Prices in Europe
- In Germany, the Rubber Process Oil Price Index fell quarter-over-quarter in Q4 2025, influenced by a -2.5% PPI decrease in December 2025.
- Rubber Process Oil production costs rose in Q4 2025, driven by surging European refining margins and elevated natural gas prices.
- Demand for Rubber Process Oil contracted in December 2025, as the manufacturing index showed a contracting trend.
- The Rubber Process Oil demand outlook was bearish in December 2025, with consumer confidence at -17.5 index points.
- Industrial production increased by 0.8% year-on-year in October 2025, offering slight support for Rubber Process Oil demand.
- Retail sales rose by 1.1% year-on-year in November 2025, modestly boosting consumer-related Rubber Process Oil applications.
- European Group I base oil volumes experienced a downward trend in Q4 2025, indicating tightening supply for related products.
- Automotive production strengthened in December 2025, partially offsetting earlier declines in October 2025 for Rubber Process Oil.
- An unemployment rate of 6.2% in December 2025 contributed to reduced consumer spending, dampening Rubber Process Oil demand.
Why did the price of Rubber Process Oil change in December 2025 in Europe?
- Producer prices for industrial products decreased by 2.5% in December 2025.
- Manufacturing activity contracted in December 2025, reducing Rubber Process Oil demand.
- European refining margins surged in Q4 2025, increasing Rubber Process Oil production costs.
Rubber Process Oil Prices in North America
- In United States, the Rubber Process Oil Price Index rose quarter-over-quarter in Q4 2025, influenced by rising input costs.
- Rubber Process Oil production costs increased in Q4 2025, with the PPI rising 3.0% year-over-year in November 2025.
- Demand for Rubber Process Oil received support from a 2.0% year-over-year industrial production increase in December 2025.
- Retail sales climbed 3.3% year-over-year in November 2025, indirectly bolstering Rubber Process Oil demand for consumer products.
- Refinery utilization rates in PADD 3 and PADD 2 sharply declined in Q4 2025, constraining regional feedstock availability.
- U.S. total distillate inventories ended 2025 at multiyear lows, despite increases after September 2025, affecting supply.
- The Rubber Process Oil price forecast indicates potential stability, as global petroleum inventories are expected to grow through 2026.
- Henry Hub natural gas spot prices gradually strengthened in the final months of 2025, contributing to higher energy costs.
Why did the price of Rubber Process Oil change in December 2025 in North America?
- Rising input costs, with CPI increasing 2.7% year-over-year in December 2025, pressured prices.
- Refinery utilization rates sharply declined in Q4 2025, limiting regional feedstock supply.
- Stronger Henry Hub natural gas spot prices in late 2025 increased energy costs for production.
For the Quarter Ending September 2025
North America
- In the United States, Rubber Process Oil Price Index remained stable quarter-over-quarter, influenced by narrow crude oil price fluctuations.
- Rubber Process Oil production costs faced upward pressure as the Producer Price Index rose 2.6 percent year-over-year in August 2025.
- Demand for Rubber Process Oil was dampened by weak industrial production, up only 0.1 percent year-over-year in September 2025.
- Rising CPI at 3.0 percent year-over-year in September 2025, alongside declining consumer confidence, dampened demand.
- Automotive sector demand weakened in Q3 2025, as North American light-vehicle production declined year-over-year.
- Global observed oil inventories continued to build in Q3 2025, reaching multi-year highs, indicating ample feedstock.
- Strong retail sales, up 5.42 percent year-over-year in September 2025, supported consumer-facing RPO applications.
- The unemployment rate remained low at 4.3 percent in September 2025, supporting consumer spending and indirectly RPO demand.
Why did the price of Rubber Process Oil change in September 2025 in North America?
- Weak industrial production, up 0.1 percent year-over-year, limited Rubber Process Oil demand.
- Crude oil prices fluctuated narrowly; refining margins eased then strengthened in September 2025.
- Declining consumer confidence to 94.2 in September 2025 suggested reduced discretionary spending.
APAC
- In China, the Rubber Process Oil Price Index fell quarter-over-quarter in Q3 2025, influenced by deflationary pressures and accumulated inventories.
- Production costs faced downward pressure from crude oil price fluctuations in August 2025 and accumulated base oil inventories.
- Demand for Rubber Process Oil was supported by strengthened automotive vehicle sales and robust tire market growth in Q3 2025.
- China's Manufacturing Index contracting in September 2025 indicated reduced industrial activity, impacting overall demand.
- Deflationary pressures from CPI falling 0.3% and PPI falling 2.3% year-on-year in September 2025 dampened demand.
- Industrial Production increased 6.5% year-on-year in September 2025, providing some counter-balance for demand.
- Base oil costs experienced mixed dynamics in Q3 2025, with some downward pressure offset by constrained specialized grades.
- The unemployment rate at 5.2% in September 2025 and low consumer confidence (89.6 index) further weakened overall consumer spending.
Why did the price of Rubber Process Oil change in September 2025 in APAC?
- Deflationary pressures from CPI falling 0.3% and PPI falling 2.3% year-on-year in September 2025.
- Accumulated crude oil and base oil inventories in Q3 2025 exerted downward pressure on costs.
- Contracting Manufacturing Index in September 2025 signaled weaker industrial demand despite strong automotive sector.
Europe
- In Germany, the Rubber Process Oil Price Index fell quarter-over-quarter in Q3 2025, due to lower producer prices.
- Rubber Process Oil production costs were mixed; industrial producer prices down 1.7% in September 2025.
- Naphtha feedstock costs strengthened in Europe during Q3 2025, partially increasing production expenses.
- Rubber Process Oil demand outlook weakened due to contracting manufacturing activity in Germany in Q3 2025.
- Industrial production declined 1.0% year-over-year in September 2025, reducing demand for rubber goods.
- Global observed oil inventories built up in Q3 2025, indicating ample supply in the broader petroleum market.
- European refinery throughputs intensified in August 2025, but regional supply tightened from unit closures.
- The Consumer Price Index rose 2.4% year-over-year in September 2025, reflecting rising general costs.
- Retail sales increased slightly by 0.2% year-over-year in September 2025, offering mild demand support.
Why did the price of Rubber Process Oil change in September 2025 in Europe?
- Producer prices for industrial products decreased 1.7% in September 2025, lowering RPO input costs.
- German industrial production fell 1.0% YoY in September 2025, dampening RPO demand.
- Naphtha feedstock costs strengthened in Q3 2025, partially offsetting overall downward price pressure.
