For the Quarter Ending September 2025
North America
• In United States, the Sodium Starch Glycolate Price Index remained stable quarter-over-quarter in Q3 2025, balancing cost pressures and robust demand.
• Sodium Starch Glycolate production costs saw downward pressure from declining corn prices throughout Q3 2025.
• Weakening natural gas prices throughout Q3 2025 also reduced energy expenses for Sodium Starch Glycolate manufacturing.
• Sodium Starch Glycolate demand was robust, supported by a 5.42% year-over-year retail sales increase in September 2025.
• The pharmaceutical sector's strengthening regulatory approvals in Q3 2025 positively impacted Sodium Starch Glycolate demand.
• A 4.3% unemployment rate in September 2025 sustained consumer purchasing power, boosting Sodium Starch Glycolate demand.
• General inflation, indicated by a 3.0% year-over-year CPI in September 2025, exerted upward pressure on Sodium Starch Glycolate input costs.
• The 2.6% year-over-year PPI increase in August 2025 also contributed to rising Sodium Starch Glycolate production expenses.
• Manufacturing inventories continued to shrink in Q3 2025, reflecting tight supply management for Sodium Starch Glycolate.
Why did the price of Sodium Starch Glycolate change in September 2025 in North America?
• Robust consumer spending, with retail sales up 5.42% year-over-year in September 2025, bolstered demand.
• Declining corn and natural gas prices throughout Q3 2025 significantly eased production expenses.
• General inflationary pressures, indicated by a 3.0% year-over-year CPI in September 2025, offset feedstock cost reductions.
APAC
• In China, Sodium Starch Glycolate Price Index fell in Q3 2025, influenced by declining producer prices.
• Sodium Starch Glycolate demand outlook mixed in Q3 2025, with pharmaceutical sector strengthening.
• Industrial production expanded 6.5% year-on-year in September 2025, supporting raw material demand.
• Retail sales increased 3.0% YoY in September 2025, boosting consumer demand, supported by stable unemployment.
• Sodium Starch Glycolate production costs pressured by elevated domestic corn feedstock costs in July 2025.
• The Manufacturing Index was Contracting in September 2025, indicating reduced overall industrial activity.
• China's exports strengthened in Q3 2025, while starch export volumes softened July-August.
• Consumer Price Index declined -0.3% YoY in September 2025, contributing to deflationary environment.
• Producer Price Index declined -2.3% YoY in September 2025, pressuring factory gate prices.
• Consumer confidence was 89.6 in September 2025, reflecting pessimism, impacting discretionary spending.
Why did the price of Sodium Starch Glycolate change in September 2025 in APAC?
• Declining Producer Price Index (-2.3% YoY in September 2025) pressured Sodium Starch Glycolate selling prices.
• Contracting Manufacturing Index in September 2025 signaled reduced industrial demand for Sodium Starch Glycolate.
• Elevated domestic corn feedstock costs in July 2025 pressured Sodium Starch Glycolate production expenses.
Europe
• In Germany, the Sodium Starch Glycolate Price Index remained stable in Q3 2025, influenced by mixed cost and demand.
• Sodium Starch Glycolate production costs faced upward pressure from rising European corn starch prices in September 2025.
• Producer prices fell 1.7% in September 2025, partially offsetting Sodium Starch Glycolate manufacturing cost increases.
• The Manufacturing Index contracted in Q3 2025, indicating reduced industrial activity and bearish Sodium Starch Glycolate demand.
• Germany's industrial production declined 1.0% in September 2025, further dampening Sodium Starch Glycolate demand.
• Retail sales increased 0.2% in September 2025, boosting demand for consumer-facing products utilizing Sodium Starch Glycolate.
• The unemployment rate remained stable at 6.3% in September 2025, suggesting limited upside for consumer spending.
• The Monochloroacetic Acid Price Index in Germany rose in Q3 2025, adding to Sodium Starch Glycolate production cost pressures.
• Consumer Price Index rose 2.4% in September 2025, increasing operational costs for Sodium Starch Glycolate manufacturers.
Why did the price of Sodium Starch Glycolate change in September 2025 in Europe?
• Producer prices fell 1.7% in September 2025, reducing SSG manufacturing costs.
• Industrial production declined 1.0% in September 2025, weakening SSG demand.
• European corn starch prices rose in September 2025, increasing SSG feedstock costs.