For the Quarter Ending September 2025
North America
• In the United States, the Terpinyl Acetate Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
• Production costs increased due to a 3.0% year-over-year CPI rise in September 2025, impacting raw materials.
• Producer input costs for Terpinyl Acetate rose 2.6% year-over-year in August 2025, as indicated by PPI.
• Demand was supported by a 5.42% year-over-year retail sales increase in September 2025, boosting consumer products.
• Demand outlook faced headwinds from a marginal 0.1% industrial production increase in September 2025.
• Weaker consumer sentiment, with confidence at 94.2 in September 2025, tempered discretionary spending.
• US manufacturing output expanded in Q3 2025, offering some support for industrial applications.
• Natural gas inventories remained stable in Q3 2025, influencing energy-related production costs.
• The Terpinyl Acetate price forecast suggests continued pressure from elevated input costs and mixed demand.
Why did the price of Terpinyl Acetate change in September 2025 in North America?
• Rising input costs, evidenced by a 2.6% PPI increase in August 2025, elevated Terpinyl Acetate production expenses.
• General inflation, with CPI up 3.0% year-over-year in September 2025, increased raw material and operational costs.
• Robust retail sales, up 5.42% year-over-year in September 2025, provided demand support for end products.
APAC
• In China, the Terpinyl Acetate Price Index fell quarter-over-quarter, influenced by a 0.3% CPI decline in September 2025.
• Terpinyl Acetate production costs showed mixed trends in Q3 2025, with acetic acid softening and alpha-pinene increasing.
• Demand outlook faced headwinds from a contracting Manufacturing Index in September 2025, curbing new orders.
• Despite a 3.0% year-on-year increase in retail sales in September 2025, consumer confidence remained low.
• Industrial production expanded 6.5% year-on-year in September 2025, providing some underlying support for chemical inputs.
• Raw material inventories showed a narrowing decline by September 2025, as manufacturing demand improved.
• Terpinyl Acetate Price Forecast suggests pressure from weak producer pricing power, with PPI falling 2.3% in September 2025.
• China's acetic acid supply remained stable to oversupplied in Q3 2025, influencing Terpinyl Acetate production costs.
Why did the price of Terpinyl Acetate change in September 2025 in APAC?
• Deflationary pressures, with CPI falling 0.3% year-on-year in September 2025, reduced consumer spending.
• Producer pricing power weakened as PPI declined 2.3% year-on-year in September 2025, impacting profitability.
• Manufacturing sector contraction in September 2025, indicated by the Manufacturing Index, curbed new orders.
Europe
• In Germany, the Terpinyl Acetate Price Index fell quarter-over-quarter, driven by weak industrial demand and persistent global overcapacity in Q3 2025.
• Terpinyl Acetate production costs were pressured by strengthening European natural gas prices in Q3 2025.
• Methanol feedstock costs weakened in Q3 2025, partially offsetting other production cost increases.
• Terpinyl Acetate demand outlook was bearish due to a contracting Manufacturing Index in Q3 2025.
• Industrial Production declined 1.0% year-over-year in September 2025, impacting Terpinyl Acetate consumption.
• The Consumer Price Index rose 2.4% year-over-year in September 2025, eroding purchasing power for end-use products.
• Global overcapacity and low capacity utilization persisted in the German chemical sector during Q3 2025.
• Export weakness and declining sales outside Europe characterized Terpinyl Acetate trade flows in Q3 2025.
• Retail sales increased 0.2% year-over-year in September 2025, offering mild support for consumer applications.
Why did the price of Terpinyl Acetate change in September 2025 in Europe?
• Weak industrial demand, evidenced by a contracting Manufacturing Index in Q3 2025.
• Persistent global overcapacity in the chemical sector maintained downward pressure on prices.
• Producer prices declined 1.7% year-over-year in September 2025, primarily due to lower energy costs.
