For the Quarter Ending June 2026
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Thiourea Prices inÌýAPAC
- In China, the Thiourea Price Index rose in Q2 2026, driven by elevated production costs and tight feedstock supply.
- The average Thiourea price for the quarter was approximately USDÌý1504/MT China..
- Sulfuric acid prices fluctuated upwards in Q2 2026, driven by surging raw material costs and supply disruptions.
- Thiourea demand outlook was mixed; the Manufacturing Index expanded in June 2026, supporting industrial applications.
- Industrial production increased 5.3% year-over-year in June 2026, indicating robust activity in key end-use sectors.
- Consumer demand remained subdued, with CPI and Retail Sales rising 1.0% year-over-year in June 2026.
- China's overall economic growth experienced a slowdown in Q2 2026, despite a stable 5.0% unemployment rate in June 2026.
- Raw material inventories in manufacturing continued to decline in June 2026, contributing to tighter supply.
Why did the price of Thiourea change in June 2026 in APAC?
- Production costs rose, with PPI up 4.1% year-over-year in June 2026.
- Sulfuric acid supply tightened in Q2 2026 due to operational issues and export suspension.
- Industrial production increased 5.3% year-over-year in June 2026, supporting demand.
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Thiourea Prices inÌýNorth America
- In United States, the Thiourea Price Index rose in Q2 2026, due to a 5.5% producer price increase in June 2026.
- Thiourea production costs increased in Q2 2026, driven by substantial inflationary pressure on sulfuric acid prices in May 2026.
- Industrial production grew slowly by 0.7% in June 2026, indicating subdued Thiourea demand across industrial applications.
- The Thiourea price forecast suggests continued upward pressure, due to persistent consumer inflation of 3.5% in June 2026.
- New vehicle sales stabilized in Q2 2026, while construction spending inched up in May 2026, impacting Thiourea end-uses.
- Natural gas Henry Hub spot prices remained stable in Q2 2026, aligning with year-ago quarters, influencing energy costs.
- Elevated urea inventory levels in Q2 2026 tempered Thiourea price recovery, despite global supply disruptions from May 2026.
- A 4.2% unemployment rate in June 2026 supported consumer confidence, indirectly benefiting Thiourea demand in related applications.
Why did the price of Thiourea change in June 2026 in North America?
- Producer Price Index rose 5.5% in June 2026, raising raw material and operational costs for Thiourea.
- China's sulfuric acid export restrictions, effective May 2026, caused global supply disruptions for a key feedstock.
- Elevated urea inventory levels in Q2 2026 limited potential for stronger Thiourea price recovery.
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Thiourea Prices inÌýEurope
- In Germany, the Thiourea Price Index rose quarter-over-quarter in Q2 2026, driven by persistent increases in production costs.
- Thiourea production costs increased, influenced by producer prices rising 2.2% year-on-year in May 2026.
- Broader operational costs for Thiourea manufacturers increased, with consumer prices rising 2.3% year-on-year in June 2026.
- Natural gas prices in Europe surged in March 2026 and remained elevated throughout Q2 2026, impacting Thiourea manufacturing.
- Thiourea demand outlook was bearish in Q2 2026, as Germany's Manufacturing Index showed a contracting trend in June 2026.
- Industrial production in Germany remained unchanged at 0.0% year-on-year in May 2026, indicating stagnant demand.
- Germany's chemical output declined in H1 2026, and consumer confidence was negative at -14.6% in June 2026.
- Retail sales increased 1.8% in May 2026, and unemployment remained stable at 3.8% in May 2026, offering some demand support.
Why did the price of Thiourea change in June 2026 in Europe?
- Producer prices increased 2.2% in May 2026, raising Thiourea manufacturing expenses.
- Natural gas prices surged in Q2 2026, elevating Thiourea production costs significantly.
- Germany's Manufacturing Index contracted in June 2026, dampening Thiourea industrial demand.
For the Quarter Ending March 2026
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Thiourea Prices inÌýNorth America
- In the United States, the Thiourea Price Index rose quarter-over-quarter in Q1 2026, driven by elevated energy costs.
- The Thiourea Production Cost Trend increased in March 2026 as producer prices rose 4.0% year-over-year.
- The Thiourea Price Index climbed in March 2026 because consumer inflation reached 3.3% year-over-year.
- The Thiourea Demand Outlook strengthened in March 2026 as retail sales grew 4.0% year-over-year.
- In March 2026, unemployment hit 4.3%, and consumer confidence reached 91.8, supporting baseline agricultural consumption.
- Industrial production grew 0.7% year-over-year in March 2026, but mining declines reduced metallurgical Thiourea consumption.
- The Manufacturing Index expanded in March 2026, driving higher consumption of specialty chemical intermediates.
- The Thiourea Price Forecast stabilized in March 2026 after upstream natural gas costs retreated.
- Multifamily residential construction demand surged in January 2026, supporting downstream chemical applications and flame retardants.
Why did the price of Thiourea change in March 2026 in North America?
- Upstream natural gas spot prices surged in January 2026, inflating initial chemical production costs.
- Producer prices rose 4.0% year-over-year in March 2026, forcing manufacturers to pass on costs.
- The Manufacturing Index expanded in March 2026, driving robust demand for specialty chemical intermediates.
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Thiourea Prices inÌýAPAC
- In China, the Thiourea Price Index rose quarter-over-quarter in Q1 2026, driven by elevated ammonia feedstock costs.
- The Producer Price Index rose 0.5% in March 2026, increasing production costs for Thiourea synthesis.
- Industrial production grew 5.7% in March 2026, boosting Thiourea demand in mining and metal treatment.
- The Manufacturing Index expanded in March 2026, driving up the need for chemical intermediates like Thiourea.
- Consumer inflation rose 1.0% while retail sales grew a sluggish 1.7% in March 2026, weakening textile demand.
- Unemployment reached 5.4% in March 202,6 and consumer confidence hit 91.6 in February 2026, suppressing consumer-end applications.
- Liquefied natural gas supply cuts elevated ammonia feedstock costs for Thiourea production throughout Q1 2026.
- Ammonia feedstock imports plummeted and domestic inventories tightened during the peak agricultural season in March 2026.
- A hydrogen sulfide decomposition project was scaled up, and green ammonia production commenced in January 2026.
Why did the price of Thiourea change in March 2026 in APAC?
- Ammonia feedstock costs strengthened in March 2026 due to tightened domestic inventories and depleted import buffers.
- Peak-season agricultural demand for nitrogen fertilizers strengthened in March 2026, supporting upstream Thiourea consumption.
- Global supply shocks elevated overall energy and freight costs for chemical feedstocks throughout Q1 2026.
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Thiourea Prices inÌýEurope
- In Germany, the Thiourea Price Index rose quarter-over-quarter in Q1 2026, driven by surging ammonia feedstock costs.
- The Thiourea Production Cost Trend increased as the CPI rose 2.7% in March 2026, elevating utility expenses.
- Despite rising costs, producer prices fell 0.2% in March 2026, indicating easing upstream raw material expenses.
- The Manufacturing Index expanded in March 2026, boosting the Thiourea Demand Outlook for rubber vulcanization applications.
- Industrial production remained stagnant at 0.0% in February 2026, limiting growth in thiourea applications like flame retardants.
- Retail sales grew 0.7% in February 2026, sustaining the need for thiourea in textile dyeing assistants.
- The unemployment rate held at 4.2% in February 2026, supporting baseline consumer spending and agricultural thiourea demand.
- Consumer confidence dropped to -24.7 in March 2026, limiting demand for discretionary goods utilizing thiourea supply chains.
- The Thiourea Price Forecast remained elevated as ammonia import availability weakened amid trade route disruptions in March 2026.
Why did the price of Thiourea change in March 2026 in Europe?
- Ammonia feedstock costs surged in March 2026 due to severe regional supply constraints across Europe.
- Natural gas energy costs spiked in early March 2026 following significant geopolitical disruptions in Europe.
- Logistical constraints and supply outages severely disrupted regional ammonia availability throughout Europe in Q1 2026.
For the Quarter Ending December 2025
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Thiourea Prices inÌýNorth America
- In the United States, the Thiourea Price Index rose quarter-over-quarter in Q4 2025, driven by increasing production costs.
- Thiourea production costs increased, influenced by a 3.0% rise in PPI year-over-year in November 2025.
- Overall inflation, with CPI up 2.7% year-over-year in December 2025, elevated Thiourea operational expenses.
- Thiourea demand outlook strengthened in Q4 2025 due to a 2.0% year-over-year increase in industrial production in December 2025.
- Robust consumer spending, with retail sales rising 3.3% year-over-year in November 2025, supported Thiourea demand.
- A strong labor market, reflected by a 4.4% unemployment rate in December 2025, bolstered consumer-driven Thiourea applications.
- Henry Hub natural gas spot prices strengthened in Q4 2025, impacting energy-intensive Thiourea manufacturing costs.
- The Thiourea Price Index is forecast to remain elevated in early 2026, reflecting sustained cost pressures from Q4 2025.
Why did the price of Thiourea change in December 2025 in North America?
- Producer input costs for Thiourea rose, with PPI increasing 3.0% year-over-year in November 2025.
- General inflation, shown by a 2.7% CPI year-over-year in December 2025, elevated Thiourea manufacturing expenses.
- Industrial production expanded 2.0% year-over-year in December 2025, boosting Thiourea demand.
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Thiourea Prices inÌýEurope
- In Germany, the Thiourea Price Index fell quarter-over-quarter in Q4 2025, influenced by weakening industrial demand and producer deflation.
- Thiourea production costs remained elevated in October 2025, with a 1.8% CPI year-over-year in December 2025 impacting operational expenses.
- The Thiourea demand outlook was challenged by a Contracting Manufacturing Index in December 2025, signaling reduced industrial activity.
- Producer prices declined by 2.5% year-over-year in December 2025, exerting downward pressure on Thiourea selling prices.
- Industrial production in Germany saw a modest 0.8% year-over-year increase in October 2025, providing some underlying demand stability.
- Consumer confidence remained significantly pessimistic at -17.5 in December 2025, dampening end-use demand for Thiourea.
- Retail sales increased by 1.1% year-over-year in November 2025, offering indirect support for Thiourea applications.
- Thiourea supply tightened regionally in Q4 2025, with intensified import pressures strengthening competitive market dynamics.
Why did the price of Thiourea change in December 2025 in Europe?
- Weakening industrial demand, with a Contracting Manufacturing Index in December 2025, exerted downward pressure.
- Producer prices declined by 2.5% year-over-year in December 2025, reflecting a deflating industrial market.
- Elevated raw material costs in October 2025, alongside a 6.2% unemployment rate, challenged Thiourea pricing.
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Thiourea Prices inÌýAPAC
- Thiourea prices in Asia were reordered at 1250 USD/MT in December 2025.
- In China, the Thiourea Price Index fell in Q4 2025, influenced by a 1.9% decline in producer prices during December 2025.
- Thiourea production costs increased in Q4 2025, driven by surging sulfuric acid prices in early December 2025.
- Overall chemical consumption in China remained soft throughout 2025, impacting Thiourea demand.
- Industrial production strengthened by 5.2% year-over-year in December 2025, supporting Thiourea demand.
- The Manufacturing Index expanded in December 2025, indicating growth across sectors utilizing Thiourea.
- Consumer confidence was pessimistic in November 2025, as retail sales grew only 0.9% year-over-year in December 2025.
- Automobile production and sales reached new highs in 2025, positively influencing Thiourea demand for related resins.
- Coal prices increased in the latter half of 2025, contributing to higher energy and feedstock costs.
Why did the price of Thiourea change in December 2025 in APAC?
- Producer prices declined by 1.9% year-over-year in December 2025, reflecting weak industrial pricing power.
- Sulfuric acid prices surged in early December 2025, increasing Thiourea's production cost burden.
- Overall chemical consumption remained soft in 2025, limiting upward price movement.
For the Quarter Ending September 2025
North America
- In United States, the Thiourea Price Index rose quarter-over-quarter in Q3 2025, driven by increasing production costs.
- Thiourea production costs increased in Q3 2025 due to a 2.6% PPI rise in August 2025 and surging ammonia prices.
- Thiourea demand outlook is mixed; robust retail sales (5.42% YOY in September 2025) supported some end-use sectors.
- Industrial production inched up 0.1% year-over-year in September 2025, indicating near stagnation for industrial Thiourea demand.
- Consumer confidence declined to 94.2 in September 2025, suggesting softening demand for Thiourea-related consumer goods.
- Thiourea price forecast suggests continued upward pressure from cost-push inflation, despite demand headwinds.
Why did the price of Thiourea change in September 2025 in North America?
- Thiourea production costs rose due to a 2.6% PPI increase in August 2025 and surging ammonia feedstock prices.
- A 3.0% CPI increase in September 2025 indicated general inflation, raising overall Thiourea manufacturing expenses.
- Cost-push factors from macroeconomic indicators primarily drove Thiourea price trends, despite demand softening.
APAC
- In China, the Thiourea Price Index fell quarter-over-quarter in Q3 2025, influenced by contracting manufacturing activity.
- Thiourea production costs rose in Q3 2025, driven by increased thermal coal spot prices and higher coking coal costs.
- Demand faced headwinds from -0.3% CPI and -2.3% PPI year-over-year in September 2025.
- Despite a contracting Manufacturing Index in September 2025, industrial production expanded 6.5% year-over-year.
- Regional ammonia supply remains balanced in Q3 2025 thereby influencing the overall production management.
- China's chemical industry continued to experience overcapacity in 2025, limiting Thiourea price recovery.
- Thiourea price forecast remains uncertain, balancing rising costs against subdued demand and overcapacity.
- Agricultural product consumption grew slowly in 2025, with increasing grain and soybean production supporting Thiourea demand.
Why did the price of Thiourea change in September 2025 in APAC?
- Weak consumer demand, with -0.3% CPI year-over-year in September 2025, pressured Thiourea prices.
- Contracting manufacturing activity, Manufacturing Index 'Contracting' in September 2025, reduced Thiourea demand.
- Adequate feedstock supply balanced the overall production management with respect to the overall market demand.
Europe
- In Germany, the Thiourea Price Index fell quarter-over-quarter in Q3 2025, driven by contracting manufacturing activity.
- Overall Thiourea demand remained weak in Q3 2025, as industrial production declined 1.0% year-over-year in September 2025.
- The Manufacturing Index contracted in Q3 2025, signaling reduced new orders and dampening demand for Thiourea.
- Inventory levels faced pressure for reduction in Q3 2025 due to subdued Thiourea demand and low capacity utilization.
- Trade flows were negatively impacted by US tariffs in July 2025 and heightened competition from Chinese imports.
- Consumer Price Index rose 2.4% year-over-year in September 2025, indicating general inflation impacting Thiourea operational costs.
Why did the price of Thiourea change in September 2025 in Europe?
- Weak industrial production, down 1.0% year-over-year in September 2025, reduced Thiourea demand.
- Contracting manufacturing activity in Q3 2025, indicated by the Manufacturing Index, lowered new orders.
- Elevated energy and raw material costs, despite a 1.7% PPI decline, pressured Thiourea production but adequate inventories availabilities marked a no major fluctuations in the price.