For the Quarter Ending March 2026
Treated Distillate Aromatic Extract Prices in North America
- In North America, the Treated Distillate Aromatic Extract Price Index showed a moderate upward trend during Q1 2026, supported by firm crude oil values and steady downstream demand.
- The average Treated Distillate Aromatic Extract Price Index for the quarter remained stable-to-firm, reflecting balanced refinery output and consistent consumption patterns.
- Treated Distillate Aromatic Extract Spot Price increased gradually during mid-quarter as supply tightened due to refinery maintenance and controlled production rates.
- The Treated Distillate Aromatic Extract Production Cost Trend remained elevated, driven by higher crude oil and vacuum distillate feedstock prices.
- Treated Distillate Aromatic Extract Demand Outlook stayed firm, supported by its key downstream uses in tire manufacturing, rubber compounding, and industrial lubricants.
- Demand from the automotive and replacement tire markets provided steady offtake throughout the quarter.
- The Treated Distillate Aromatic Extract Price Index gained support from stable domestic consumption and limited spot availability.
- Treated Distillate Aromatic Extract Price Forecast indicates a firm outlook, with prices expected to track crude oil trends and automotive sector demand.
Why did the price of Treated Distillate Aromatic Extract change in March 2026 in North America?
- Prices increased in March 2026 due to rising crude oil prices, which pushed the Treated Distillate Aromatic Extract Production Cost Trend higher.
- Supply tightening from refinery maintenance and stable demand supported the Treated Distillate Aromatic Extract Price Index.
- Consistent procurement from tire manufacturers further reinforced upward pricing momentum.
Treated Distillate Aromatic Extract Prices in APAC
- In Malaysia, the Treated Distillate Aromatic Extract Price Index rose by 0.94% quarter-over-quarter, supported by balanced supply.
- The average Treated Distillate Aromatic Extract price for the quarter was approximately USD 1106.33/MT reported.
- Rising crude and freight pushed Treated Distillate Aromatic Extract Production Cost Trend higher, pressuring refining margins regionally.
- Treated Distillate Aromatic Extract Demand Outlook remained steady as tyre and rubber procurement continued routine replacement programmes.
- Shorter lead times and port congestion intermittently supported Treated Distillate Aromatic Extract Spot Price and export flows.
- Analysts' Treated Distillate Aromatic Extract Price Forecast shows modest upside risk from geopolitical feedstock disruptions and seasonal buying.
- Resilient inventories and steady export demand constrained Treated Distillate Aromatic Extract Price Index volatility despite logistic bottlenecks.
- Regional refiners maintained production, with no major outages reported, supporting consistent Treated Distillate Aromatic Extract supply.
Why did the price of Treated Distillate Aromatic Extract change in March 2026 in APAC?
- Escalation of West Asia conflict raised crude premiums, increasing feedstock costs for Malaysian TDAE producers.
- Port Klang congestion and longer vessel waiting times delayed shipments, tightening near-term availability for exporters.
- Precautionary buying by tyre clusters and restocking lifted demand, capping larger price decreases during March.
Treated Distillate Aromatic Extract Prices in Europe
- In Europe, the Treated Distillate Aromatic Extract Price Index exhibited a slight upward trend during Q1 2026, influenced by feedstock cost fluctuations and steady demand from rubber industries.
- The average Treated Distillate Aromatic Extract Price Index remained relatively firm, with minor fluctuations due to changing crude oil dynamics.
- Treated Distillate Aromatic Extract Spot Price rose during early March amid tight supply conditions and logistical constraints, before stabilizing later.
- The Treated Distillate Aromatic Extract Production Cost Trend increased due to elevated crude oil and refining input costs, alongside energy price volatility.
- Treated Distillate Aromatic Extract Demand Outlook remained stable, driven by demand from tire manufacturing, industrial rubber goods, and automotive components.
- Demand from the automotive sector remained moderate but consistent, supporting baseline consumption.
- The Treated Distillate Aromatic Extract Price Index was influenced by limited imports and supply chain disruptions during peak demand periods.
- Treated Distillate Aromatic Extract Price Forecast suggests a stable-to-firm outlook, dependent on crude price movements and downstream industry recovery.
Why did the price of Treated Distillate Aromatic Extract change in March 2026 in Europe?
- Prices increased in March 2026 due to higher crude oil costs, which elevated the Treated Distillate Aromatic Extract Production Cost Trend.
- Supply constraints and logistical delays supported the Treated Distillate Aromatic Extract Price Index.
- Steady demand from tire and rubber sectors helped maintain upward price momentum.
For the Quarter Ending December 2025
North America
- In North America, the Treated Distillate Aromatic Extract Price Index remained largely stable to slightly firm during Q4 2025, supported by steady demand from the tire and rubber compounding sector despite cautious buying behaviour.
- Treated Distillate Aromatic Extract Production Cost Trend stayed broadly stable, as feedstock cost and refinery operating costs showed minimal volatility, preventing significant cost-push inflation.
- Treated Distillate Aromatic Extract Demand Outlook remained steady, underpinned by replacement tire manufacturing and industrial rubber goods, while new automotive tire demand stayed moderate amid cautious vehicle production levels.
- The Treated Distillate Aromatic Extract Price Forecast indicates stable to mildly firm pricing in the near term, as refineries maintain disciplined output and downstream rubber producers are expected to resume selective restocking in early 2026.
- Producers maintained steady run rates, managing inventories carefully while avoiding aggressive discounting to preserve margins during the year-end period.
Why did the price of Treated Distillate Aromatic Extract change in December 2025 in North America?
- In December 2025, the Treated Distillate Aromatic Extract Price Index remained stable to slightly higher, as consistent tire sector demand offset seasonal slowdown in industrial activity.
- Stable feedstock costs kept the Treated Distillate Aromatic Extract Production Cost Trend flat, limiting downward pricing pressure and allowing suppliers to maintain offers.
- Year-end procurement was cautious, but steady contract lifting, and limited spot availability prevented a price decline in the Treated Distillate Aromatic Extract Spot Price market.
APAC
- In Malaysia, the Treated Distillate Aromatic Extract Price Index fell by 4.39% quarter-over-quarter, reflecting softer exports.
- The average Treated Distillate Aromatic Extract price for the quarter was approximately USD 1096.00/MT FOB.
- Treated Distillate Aromatic Extract Spot Price was well-absorbed as inventories remained adequate, stabilizing Price Index.
- Treated Distillate Aromatic Extract Production Cost Trend eased as crude benchmarks traded in narrow band.
- Treated Distillate Aromatic Extract Demand Outlook points to steady regional tyre demand, led by Indonesia.
- Treated Distillate Aromatic Extract Price Forecast anticipates modest upside as pre-holiday bookings offset year-end normalization.
- Inventories at Port Klang remained comfortable, while Treated Distillate Aromatic Extract Price Index was stable.
- Shipping delays tightened prompt availability; export bookings from Indonesia and Vietnam supported short-term price resilience.
Why did the price of Treated Distillate Aromatic Extract change in December 2025 in APAC?
- Incremental export bookings absorbed prompt cargoes despite no plant outages, maintaining upward near-term price support.
- Lower upstream crude costs eased production expenses, moderating downward cost pressure on FOB Klang offers.
- Shipping delays and lengthened lead times tightened immediate supply, prompting tighter inventory controls and measured buyer activity.
Europe
- In Europe, the Treated Distillate Aromatic Extract Price Index remained largely stable to slightly firm on a quarter-over-quarter basis in Q4 2025, supported by steady demand from the tire and rubber processing industries despite cautious downstream procurement.
- The Treated Distillate Aromatic Extract Price Forecast indicates limited upside in the near term, with prices expected to track crude oil and VGO trends while remaining capped by sufficient regional availability and moderate demand growth.
- Treated Distillate Aromatic Extract Production Cost Trend stayed stable through Q4 2025, as refinery feedstock costs and hydrogenation expenses showed minimal volatility, allowing producers to maintain margins without aggressive price revisions.
- Treated Distillate Aromatic Extract Demand Outlook in Europe remained steady, supported by consistent consumption in tire manufacturing, rubber compounds, and automotive components, although overall demand growth was restrained by slower vehicle production rates.
- The regional Price Index was further influenced by steady refinery run rates and adequate inventories, with suppliers maintaining competitive offers to retain volumes amid selective contract renewals.
- Import availability and uninterrupted domestic production ensured smooth supply flows, preventing any sharp price spikes during the quarter.
Why did the price of Treated Distillate Aromatic Extract change in December 2025 in Europe?
- In December 2025, the Treated Distillate Aromatic Extract Price Index edged marginally upward, primarily due to firmer crude oil and refinery feedstock values, which increased replacement costs toward the end of the quarter.
- Stable but firm Treated Distillate Aromatic Extract Production Cost Trend limited producers’ flexibility to offer discounts, leading to slightly higher spot indications despite moderate buying activity.
- Year-end restocking by select tire manufacturers and reduced spot availability supported Treated Distillate Aromatic Extract Spot Price, while cautious procurement prevented any sharp price escalation.
For the Quarter Ending September 2025
North America
- The Treated Distillate Aromatic Extract (TDAE) Price Index fell quarter-over-quarter in Q3, reflecting subdued demand from tire and rubber processing sectors.
- The TDAE Price Forecast suggests limited upside in Q4 amid cautious restocking and slow recovery in automotive manufacturing.
- The TDAE Production Cost Trend remained stable, supported by steady domestic refinery operations and access to competitively priced crude feedstocks.
- Weekly movements in the Price Index were neutral to soft, supported by balanced supply and consistent plant operations.
- Port logistics remained efficient, ensuring stable product availability, though minor disruptions in container repositioning were reported in early Q3.
Why did the price of TDAE change in September 2025 in North America?
- Prices decreased due to low offtake from tire and rubber manufacturers, despite expectations of seasonal demand recovery.
- Stable feedstock costs and uninterrupted production maintained supply, limiting upward price momentum.
- Sufficient spot availability and cautious procurement behavior kept sellers from raising offers, sustaining a soft market tone.
APAC
- In Malaysia, the TDAE Price Index fell by 5.2356% quarter-over-quarter, amid congestion.
- The average TDAE price for the quarter was approximately USD 1146.33/MT FOB.
- TDAE Spot Price eased on lower feedstock costs and softer Asian crude.
- TDAE Production Cost Trend softened as Asian crude eased, lowering refinery expenses.
- TDAE Demand Outlook remains muted amid subdued automotive exports and cautious restocking.
- TDAE Price Index volatility was tempered by stable inventories and export buying.
- TDAE Price Forecast suggests modest late quarter recovery supported by festival stocking.
- Export demand constrained while port congestion elevated logistics, influencing the TDAE Price Index.
Why did the price of TDAE change in September 2025 in APAC?
- Supply-side crude volatility and refinery cost swings tightened margins, pressuring domestic TDAE availability and pricing.
- Weaker automotive exports softened demand, and delays in purchases moderated the TDAE Price Index.
- Port congestion and higher freight costs increased logistics expenses, amplifying short-term supply bottlenecks.
Europe
- The TDAE Price Index fell quarter-over-quarter in Q3, reflecting subdued demand from tire and rubber processing sectors.
- The TDAE Price Forecast suggests limited upside in Q4 amid cautious restocking and slow recovery in automotive manufacturing and construction-related rubber applications.
- The TDAE Production Cost Trend remained stable, supported by steady refinery operations and access to competitively priced aromatic feedstocks.
- Weekly movements in the Price Index were neutral to soft, supported by balanced supply and consistent plant operations.
- Port logistics and inland transport remained stable, ensuring adequate product availability across key European hubs.
Why did the price of TDAE change in September 2025 in Europe?
- Prices decreased due to low offtake from tire and rubber manufacturers, despite expectations of seasonal demand recovery.
- Stable feedstock costs and uninterrupted production maintained supply, limiting upward price momentum.
- Sufficient spot availability and cautious procurement behavior kept sellers from raising offers, sustaining a soft market tone.
For the Quarter Ending June 2025
North America
- The Treated Distillate Aromatic Extract Price Index in North America remained largely flat during Q2 2025 as automotive manufacturing activity showed mixed trends amid cautious consumer spending and high interest rates.
- The Treated Distillate Aromatic Extract Production Cost Trend was balanced due to relatively stable domestic refinery operations and access to competitively priced crude feedstocks.
- Port logistics in key U.S. terminals were efficient, ensuring stable product availability, though there were minor disruptions in May related to container repositioning issues.
- The Treated Distillate Aromatic Extract Demand Outlook in North America was steady to soft, particularly in the tire replacement market segment, while original equipment demand remained moderate due to fluctuating automotive assembly rates.
Why did the price of Treated Distillate Aromatic Extract change in July 2025 in North America?
- In North America, the TDAE Price Index decreased modestly in July 2025, primarily due to subdued demand from downstream automotive manufacturers.
- Tire manufacturers reduced procurement volumes amid excess inventories and seasonal weakness in vehicle production.
- Flat upstream crude pricing and stable feedstock availability further reduced cost pressure on prices.
Europe
- The Treated Distillate Aromatic Extract Price Index in Europe showed minimal changes during Q2 2025, supported by stable market fundamentals despite sluggish macroeconomic indicators in major economies like Germany and France.
- The Treated Distillate Aromatic Extract Production Cost Trend was neutral, with stable energy and crude input costs throughout the quarter; however, higher carbon compliance charges continued to weigh on long-term margins.
- European producers faced competitive pressure from Asian and Middle Eastern exporters, especially as regional consumption from tire and rubber goods manufacturers showed only modest growth.
- The Treated Distillate Aromatic Extract Demand Outlook remained tepid, with European buyers adopting conservative purchasing strategies due to high warehouse inventories and uncertainty in industrial production.
Why did the price of Treated Distillate Aromatic Extract change in July 2025 in Europe?
- In Europe, the TDAE Price Index declined in July 2025 as market players faced excess supply and muted demand from the tire and rubber industries.
- Buyers remained cautious, minimizing contract volumes and delaying spot purchases.
- Additionally, Asian suppliers offered lower-cost cargoes, increasing competition and forcing domestic players to reduce prices to maintain market share.
Asia-Pacific (APAC)
- The Treated Distillate Aromatic Extract Price Index in Malaysia increased marginally by 0.3% quarter-over-quarter during Q2 2025, indicating stable market fundamentals with localized supply-side pressures.
- The Treated Distillate Aromatic Extract Production Cost Trend remained stable overall but showed upward momentum toward June due to rising geopolitical risks in upstream crude oil markets and elevated port logistics costs in Malaysia.
- Steady manufacturing output was maintained despite port congestion at Port Klang, which regularly exceeded 80%-yard capacity and created shipment backlogs, increasing handling costs.
- Domestic Treated Distillate Aromatic Extract Demand Outlook was muted during Q2, especially in May, as tyre production declined following the announced closure of Continental’s Kedah plant. However, optimism persisted due to planned investments from Chinese tyre manufacturers in the region.
- Export demand from India, China, and Japan remained strong, sustaining pricing support and reinforcing Malaysia’s status as a competitive regional supplier.
Why did the price of Treated Distillate Aromatic Extract change in July 2025 in Asia-Pacific (APAC)?
- In Malaysia, the TDAE Price Index declined slightly in July 2025 due to easing geopolitical concerns that had previously driven crude oil volatility.
- Despite continued port congestion at Port Klang, domestic inventory levels remained adequate, allowing suppliers to meet steady export demand without aggressive pricing.
- Buyers in key markets like India and China exercised caution, placing only essential orders, which capped upward momentum and resulted in a minor price correction.
