For the Quarter Ending September 2025
North America
• In United States, Trioctyl Trimellitate (TOTM) Price Index rose in Q3 2025, driven by increased input and raw material costs.
• TOTM production costs increased in Q3 2025, influenced by a 2.6% year-over-year PPI rise in August 2025.
• Demand for TOTM faced headwinds from weak major customer markets, despite strengthening automotive demand in September 2025.
• Industrial production showed marginal 0.1% year-over-year growth in September 2025, indicating subdued industrial TOTM demand.
• Natural gas prices experienced an overall uptick in Q3 2025, contributing to higher energy feedstock costs.
• Imported pseudocumene feedstock costs increased in Q3 2025 due to higher duties, impacting TOTM manufacturing.
• A 3.0% year-over-year CPI increase in September 2025 suggests inflationary pressures on TOTM raw materials.
• Robust retail sales, up 5.42% year-over-year in September 2025, supported consumer-facing TOTM applications.
Why did the price of Trioctyl Trimellitate (TOTM) change in September 2025 in North America?
• Input and raw material costs for chemical manufacturing increased in Q3 2025.
• Imported pseudocumene feedstock costs rose in Q3 2025 due to higher duties.
• Subdued industrial production in September 2025 limited overall TOTM demand.
Europe
• In Germany, the Trioctyl Trimellitate (TOTM) Price Index fell in Q3 2025, influenced by declining industrial production and lower producer prices.
• Trioctyl Trimellitate (TOTM) production costs rose in Q3 2025, driven by increased naphtha, 2-EH, and trimellitic anhydride feedstock prices.
• Germany's industrial production declined by 1.0% in September 2025, and the Manufacturing Index contracted, subduing Trioctyl Trimellitate (TOTM) demand.
• Automotive and construction sector demand for Trioctyl Trimellitate (TOTM) weakened significantly in Q3 2025, with employment plummeting.
• Consumer spending remained stable in Q3 2025, with retail sales rising 0.2% and unemployment at 6.3% in September 2025.
• European chemical industry capacity utilization declined in Q3 2025, suggesting ample Trioctyl Trimellitate (TOTM) inventories or subdued demand.
• Elevated natural gas prices in Europe during Q3 2025 contributed to higher operational costs for Trioctyl Trimellitate (TOTM) producers.
• Demand for non-phthalate plasticizers like Trioctyl Trimellitate (TOTM) expanded in wire and cable, and medical equipment applications.
Why did the price of Trioctyl Trimellitate (TOTM) change in September 2025 in Europe?
• Declining industrial production by 1.0% in September 2025 reduced overall demand for Trioctyl Trimellitate (TOTM).
• Producer prices fell by 1.7% in September 2025, driven by lower energy costs, impacting Trioctyl Trimellitate (TOTM) pricing.
• Increased naphtha and 2-ethylhexanol feedstock costs in Q3 2025 exerted upward pressure on Trioctyl Trimellitate (TOTM) production expenses.
APAC
• In China, Trioctyl Trimellitate (TOTM) prices fell in Q3 2025, influenced by contracting manufacturing and declining PPI.
• TOTM production costs were pressured by elevated 2-Ethylhexanol prices, which inched up mid-July 2025.
• Automotive sales strengthened, and New Energy Vehicle production surged in July-September 2025, supporting TOTM demand.
• China's Manufacturing Index contracted in September 2025, indicating reduced industrial output and impacting TOTM demand.
• Consumer confidence at 89.6 and 5.2% unemployment in September 2025 tempered the overall TOTM demand outlook.
• Industrial Production expanded 6.5% year-on-year in September 2025, providing some support for industrial chemical demand.
• Retail sales increased 3.0% year-on-year in September 2025, indicating robust consumer spending for TOTM products.
• Declining CPI at -0.3% year-on-year in September 2025 indicated deflation, suggesting weak consumer demand for TOTM.
• Global chemical overcapacity, particularly from China, kept market margins tight for TOTM in Q3 2025.
Why did the price of Trioctyl Trimellitate (TOTM) change in September 2025 in APAC?
• Producer prices declined 2.3% year-on-year in September 2025, reflecting weak industrial demand.
• China's Manufacturing Index contracted in September 2025, signaling reduced industrial output.
• Elevated 2-Ethylhexanol prices in mid-July 2025 pressured TOTM production costs.