For the Quarter Ending September 2025
North America
• In United States, the Sulfamic Acid Price Index rose in Q3 2025, driven by increased production costs despite weak demand.
• Production costs increased in Q3 2025, influenced by a 3.0% CPI rise in September 2025 and higher raw material expenses.
• Demand for Sulfamic Acid was weak in Q3 2025, as new orders contracted and industrial production grew 0.1% year-over-year.
• The Sulfamic Acid Price Forecast suggests stability, with strengthening natural gas prices offset by declining consumer confidence.
• Energy and transportation costs for chemical manufacturers rose in Q3 2025, pressuring Sulfamic Acid production expenses.
• Inventories for chemical manufacturers shrank in Q3 2025 due to accelerating destocking, impacting Sulfamic Acid supply dynamics.
• US chemical production levels turned negative in Q3 2025, reflecting subdued manufacturing activity and affecting supply.
• Retail sales increased 5.42% year-over-year in September 2025, offering indirect support for consumer-facing Sulfamic Acid applications.
Why did the price of Sulfamic Acid change in September 2025 in North America?
• Production costs rose due to a 2.6% PPI increase in August 2025 and strengthened sulfuric acid feedstock.
• Weak demand in major customer markets and contracting new chemical orders tempered price increases.
• Stagnant industrial production (0.1% YoY in September 2025) and declining consumer confidence impacted demand.
APAC
• In China, the Sulfamic Acid Price Index remained stable quarter-over-quarter in Q3 2025, amidst contracting manufacturing and declining producer prices.
• Sulfamic Acid production costs eased as urea feedstock prices declined in September 2025 due to oversupply.
• Elevated sulfur prices in September 2025 exerted upward pressure on sulfuric acid costs, a key raw material.
• Industrial production expanded by 6.5% year-on-year in September 2025, bolstering Sulfamic Acid demand.
• Weak consumer demand was indicated by a 0.3% fall in CPI and cautious confidence in September 2025.
• Producer Price Index declined by 2.3% year-on-year in September 2025, reflecting weak industrial demand.
• Demand for cleaning products is projected to expand in China during Q3 2025, supporting consumption.
• The Manufacturing Index was contracting in September 2025, suggesting reduced overall industrial activity.
Why did the price of Sulfamic Acid change in September 2025 in APAC?
• Urea feedstock costs declined due to oversupply, easing Sulfamic Acid production expenses.
• Weak industrial demand, with PPI down 2.3%, impacted Sulfamic Acid pricing power.
• Limited sulfuric acid supply in Northeast Asia caused mild upward pressure on feedstock costs.
Europe
• In Germany, the Sulfamic Acid Price Index fell quarter-over-quarter in Q3 2025, driven by weakened overall chemical demand.
• Sulfamic Acid production costs faced upward pressure from elevated urea feedstock and strengthened sulfuric acid in Q3 2025.
• Lower producer prices of industrial products, down 1.7% in September 2025, partially offset production cost increases for Sulfamic Acid.
• Germany's Manufacturing Index contracting and industrial production declining 1.0% in Q3 2025 reduced Sulfamic Acid demand.
• Elevated natural gas prices in Europe throughout Q3 2025 significantly impacted energy-intensive Sulfamic Acid production.
• Consumer Price Index rose 2.4% in September 2025, indicating rising input costs and potential erosion of purchasing power.
• Retail sales rose 0.2% in September 2025, offering slight support for Sulfamic Acid demand in consumer-facing applications.
• Subdued export demand for German chemicals throughout Q3 2025, exacerbated by US tariffs, affected Sulfamic Acid trade.
Why did the price of Sulfamic Acid change in September 2025 in Europe?
• Weakened overall chemical industry demand and contracting Manufacturing Index in Germany reduced consumption.
• Elevated urea feedstock costs and strengthened sulfuric acid supply tightened production margins.
• Lower producer prices, down 1.7% in September 2025, partially mitigated energy-related production cost pressures.
