For the Quarter Ending June 2026
Iron Oxide Prices in North America
- In USA, the Iron Oxide Price Index rose by 7.0% quarter-over-quarter, driven by freight and construction.
- The average Iron Oxide price for the quarter was approximately USD 1055.33/MT, based on CFR Houston assessments.
- Iron Oxide Spot Price gains reflected freight-driven landed-cost increases, elevating the Price Index and seller leverage.
- Iron Oxide Price Forecast indicates correction after June spike assuming logistics costs stabilise and inventories balance.
- Iron Oxide Production Cost Trend rose as bunker and energy costs increased, pressuring domestic kiln margins.
- Iron Oxide Demand Outlook remains supportive as infrastructure projects and coatings restocking sustain summer procurement.
- Inventory levels at Gulf Coast warehouses limited discounting, reinforcing the Iron Oxide Price Index and availability.
- Brazilian export uncertainty and diverted shipments tightened supply, lifting US offers and influencing short-term spot trading.
Why did the price of Iron Oxide change in June 2026 in North America?
- Freight spikes from Asia elevated landed costs, passing through directly to US import parity offers.
- Seasonal infrastructure and coatings restocking increased immediate demand, tightening prompt availability and supporting higher offers.
- Proposed Brazilian trade measures and elevated bunker prices created import uncertainty, encouraging front-loading and higher procurement.
Iron Oxide Prices in APAC
- In Indonesia, the Iron Oxide Price Index rose by 4.45% quarter-over-quarter, driven by higher freight and weaker rupiah.
- The average Iron Oxide price for the quarter was approximately USD 931.67/MT reported by CFR Jakarta assessments during April June.
- Rising container freight and currency headwinds elevated the Iron Oxide Spot Price, tightening imported supply economics.
- Short-term Iron Oxide Price Forecast remains mildly bullish as logistics inflation offsets stable production and steady downstream demand.
- Elevated bunker and container costs shaped the Iron Oxide Production Cost Trend, pressuring margins for importers.
- Domestic construction strength under National Strategic Projects supports a firm Iron Oxide Demand Outlook through third quarter.
- Inventories slipped below typical cover, so the Iron Oxide Price Index reflected modest upward pressure without acute shortages.
- Chinese kiln inspections and European maintenance schedules reduced export allocations, tightening inbound flows and firming CFR offers to Indonesia.
Why did the price of Iron Oxide change in June 2026 in APAC?
- Higher Shanghai-Jakarta container freight increased landed costs, directly lifting June import offers to Indonesian buyers.
- Marginal rupiah depreciation amplified dollar-denominated invoices, reducing local purchasing power and nudging supplier prices upward.
- Stable physical availability but trimmed spot discounts from exporters preserved firmer offers despite absence of production outages.
China
- In China, the Iron Oxide Price Index rose by 2.85% quarter-over-quarter, driven by tighter exports.
- Chinese Iron Oxide Spot Price tightened modestly as small kilns stayed offline and exports firmed.
India
- In India, the Iron Oxide Price Index rose by 4.75% quarter-over-quarter, driven by freight and offtake.
- Shipping cost rises lifted Iron Oxide Spot Price, pushing the Price Index higher despite inventories.
Iron Oxide Prices in Europe
- In Germany, Iron Oxide Price Index rose by 1.86% quarter-over-quarter, reflecting cost passthrough from energy.
- The average Iron Oxide price for the quarter was approximately USD 965.67/MT reported in Hamburg FOB assessments.
- Iron Oxide Spot Price remained supported by steady export enquiries and constrained volumes, limiting pressure on offers.
- Near-term Iron Oxide Price Forecast suggests modest volatility, driven primarily by energy cost noise and seasonal construction demand.
- Iron Oxide Production Cost Trend reflected elevated industrial gas and compliance expenses, constraining flexibility for pigment makers.
- Iron Oxide Demand Outlook remained balanced with construction and automotive offtake offsetting electronics pigment requirements.
- Iron Oxide Price Index stability during June reflected aligned inventories and normal operating rates among major domestic producers.
- Export flows to Poland and France sustained demand while Hamburg warehouse inventories remained near averages, limiting tightness.
Why did the price of Iron Oxide change in June 2026 in Europe?
- Elevated industrial gas and compliance costs increased production expenses, enabling sellers to maintain firmer offers.
- Resilient export enquiries and seasonal distributor restocking supported demand, preventing downward pressure on FOB offers.
- Stable Hamburg inventories and uninterrupted plant operations ensured supply reliability, keeping spot market volatility subdued.
Iron Oxide Prices in South America
- In Brazil, the Iron Oxide Price Index rose by 1.84% quarter-over-quarter, reflecting production cost increases.
- The average Iron Oxide price for the quarter was USD 1087.33/MT across April May June.
- Iron Oxide Spot Price tightened as port inventories fell and exporters prioritized contractual shipments abroad.
- Iron Oxide Price Forecast shows modest volatility with upside risk from elevated freight and fuel.
- Iron Oxide Production Cost Trend indicated flat electricity tariffs but higher diesel and trucking expenses.
- Iron Oxide Demand Outlook remains constructive supported by residential construction and coatings and ceramic procurement.
- Iron Oxide Price Index stability reflected balanced supply despite geopolitical freight pressures and cautious inventories.
- Major Brazilian pigment plants ran near capacity, limiting spot availability and supporting seller pricing resilience.
Why did the price of Iron Oxide change in June 2026 in South America?
- Balanced domestic supply and steady demand left no price impetus, maintaining June ex-works and FOB price stability.
- Stable electricity and diesel quotations neutralised production cost pressures, offsetting freight increases and preventing upward price moves.
- Modest export enquiries from India and Argentina balanced softer US demand, keeping port inventories and spot offerings unchanged.
For the Quarter Ending March 2026
Iron Oxide Prices in North America
- In the USA, the Iron Oxide Price Index rose by 0.37% quarter-over-quarter, reflecting freight-driven landed-cost increases.
- The average Iron Oxide price for the quarter was approximately USD 986.33/MT, reflecting subdued winter buying.
- Iron Oxide Spot Price movement remained muted as ample imports and stable inventories pressured the Price Index downward.
- Iron Oxide Price Forecast indicates limited upside near term given balanced supply, freight volatility being the main upward risk.
- Iron Oxide Production Cost Trend is stable with slightly higher logistics and energy components nudging landed costs modestly.
- Iron Oxide Demand Outlook remains subdued seasonally as construction and coatings remain slow before spring project ramp-up.
- Price Index sensitivity to freight and inventory dynamics kept importers negotiating small discounts despite normal production from major exporters.
- Domestic buyers maintained hand-to-mouth purchasing, restraining spot activity while distributors reduced stocks ahead of seasonal demand.
Why did the price of Iron Oxide change in March 2026 in North America?
- Higher Shanghai-Houston freight increased landed costs for Asian cargoes, transmitting upward pressure to U.S. CFR quotations.
- Balanced and ample seaborne supply from China and Germany prevented significant supply-driven price gains in March.
- Seasonally muted construction and coatings demand maintained cautious buying and limited spot restocking across distributors.
Iron Oxide Prices in APAC
- In Indonesia, the Iron Oxide Price Index fell by 0.15% quarter-over-quarter, reflecting softer import offers.
- The average Iron Oxide price for the quarter was approximately USD 892.00/MT.
- Ample Chinese and German supply pressured the Iron Oxide Spot Price, keeping import availability comfortably high.
- Freight volatility and higher container costs influenced the Iron Oxide Production Cost Trend and supplier margins.
- Domestic construction and decorative coatings trends underpin the Iron Oxide Demand Outlook, yet activity remained subdued.
- Inventories at distributors remained elevated, supporting a neutral Iron Oxide Price Index and limited buying urgency.
- Export offers tightened briefly in February then stabilized, shaping the short-term Iron Oxide Price Forecast trajectory.
- Stable operating rates at major origins implied steady feedstock costs and restrained the Iron Oxide Production Cost Trend.
Why did the price of Iron Oxide change in March 2026 in APAC?
- Rising Shanghai-Jakarta freight and weaker rupiah elevated theoretical landed costs but exporters absorbed increases largely.
- Ample export availability from China and India limited urgency and prevented upward price movement.
- Moderate domestic procurement and healthy distributor inventories reduced spot buying, keeping March pricing flat overall.
Iron Oxide Prices in Europe
- In Germany, the Iron Oxide Price Index rose by 0.67% quarter-over-quarter, reflecting firmer export enquiries.
- The average Iron Oxide price for the quarter was approximately USD 948/MT, supporting seasonal buying.
- Iron Oxide Spot Price movements remained restrained as export demand absorbed output and inventories stayed lean.
- Iron Oxide Price Forecast indicates limited volatility near term, with modest upside pressure from elevated energy costs.
- Iron Oxide Production Cost Trend shows gas-driven calcination expenses remain a key upward pressure on producer margins.
- Iron Oxide Demand Outlook looks stable-to-soft domestically while exports to Poland and France underpin offtake.
- The Iron Oxide Price Index reflected marginal monthly gains driven by list-price adjustments and constrained inventories at origin.
- German pigment producers ran without maintenance, supporting regular Hamburg loadings while inland logistics operated without notable disruptions.
Why did the price of Iron Oxide change in March 2026 in Europe?
- Higher industrial natural-gas tariffs increased calcination costs, enabling modest pass-through into FOB list prices during March.
- Steady export enquiries from Poland, France and Italy absorbed production, preventing inventory build-up at Hamburg terminals.
- Domestic construction and automotive demand remained subdued, limiting broader buying and keeping market balanced rather than tight.
Iron Oxide Prices in South America
- In Brazil, the Iron Oxide Price Index fell by 0.62% quarter-over-quarter due to weaker export inquiries.
- The average Iron Oxide price for the quarter was approximately USD 1067.67/MT, reflecting subdued demand.
- Iron Oxide Spot Price was quiet and Price Index remained neutral amid balanced supply conditions.
- Iron Oxide Price Forecast projects minimal variance unless shipping costs or regional demand unexpectedly increase.
- Iron Oxide Production Cost Trend stayed contained because ore supply and electricity tariffs remained stable.
- Iron Oxide Demand Outlook cautious; Argentine and US buying lifted March exports, domestic demand softened.
- Iron Oxide Price Index movements reflected balanced inventories and routine kiln operations, preventing price volatility.
- Harvest logistics tightened truck availability, raising inland transport costs and modestly supporting FOB price resilience.
Why did the price of Iron Oxide change in March 2026 in South America?
- Muted export inquiries from coatings buyers reduced spot demand and pressured FOB quotations.
- Stable ore availability and unchanged electricity tariffs contained production costs, limiting pressure on Price Index.
- Harvest-season logistics tightened truck capacity, increasing inland transport costs and modestly lifting ex-works production expenses.
For the Quarter Ending December 2025
North America
- In USA, the Iron Oxide Price Index fell by 0.47% quarter-over-quarter, reflecting ample import supply.
- The average Iron Oxide price for the quarter was approximately USD 982.67/MT, CFR Houston delivery market.
- Inventories remained adequate, keeping Iron Oxide Spot Price pressure muted despite demand strength in paints.
- Feedstock cost stability limited Iron Oxide Production Cost Trend volatility, supporting neutral margins for producers.
- Export flows and lower freight reduced landed costs, moderating the Iron Oxide Price Index regionally.
- Downstream procurement remained cautious, tempering the Iron Oxide Demand Outlook despite pockets of restocking activity.
- Domestic producers operated; balanced supply prevented sharp moves and influenced the Iron Oxide Price Forecast.
- Short-term outlook expects stable patterns, leaving the Iron Oxide Price Index range-bound into next year.
Why did the price of Iron Oxide change in December 2025 in North America?
- Reduced ocean freight lowered landed import costs, offsetting feedstock pressure and stabilizing domestic price levels.
- Steady domestic production and smooth import flows maintained inventories, preventing significant upward price movement overall.
- Modest demand moderation from paints, coatings, and construction limited spot buying, keeping the market neutral.
APAC
- In Indonesia, the Iron Oxide Price Index rose by 3.32% quarter-over-quarter, driven by stronger late-quarter procurement.
- The average Iron Oxide price for the quarter was approximately USD 893.33/MT across CFR Jakarta and domestic hubs.
- Iron Oxide Spot Price experienced month-end firming as freight and landed costs pushed the local Price Index higher.
- Iron Oxide Price Forecast indicates near-term stability with potential mild gains if port congestion persists into January.
- Iron Oxide Production Cost Trend remained neutral as stable iron ore benchmarks and moderate freight limited upward pressure.
- Iron Oxide Demand Outlook balanced between steady construction offtake and cautious procurement ahead of Lunar New Year shipping lull.
- Domestic inventories tightened in December, reducing buffer stocks and amplifying export inquiries' influence on the Price Index.
- Producers ran at stable rates while inter-island distribution costs rose, constraining effective supply for outlying construction hubs.
Why did the price of Iron Oxide change in December 2025 in APAC?
- Elevated freight quotes increased landed import parity, pushing December CFR costs and supporting firmer prices.
- Robust procurement from paints, cement, and tiles absorbed available cargoes, tightening supply for specialty grades.
- Limited domestic calcination capacity kept buyers reliant on imports while seasonal restocking increased prompt demand.
Europe
- In Germany, the Iron Oxide Price Index rose by 0.75% quarter-over-quarter, reflecting stable supply-demand conditions.
- The average Iron Oxide price for the quarter was approximately USD 941.67/MT, backed by inventories.
- Germany's Iron Oxide Spot Price softened due to weaker construction demand and delayed export purchases.
- The Iron Oxide Price Forecast suggests modest near-term stability, as seasonal construction demand slowly recovers.
- Improved gas pricing eased calcination expenses, moderating the Iron Oxide Production Cost Trend this quarter.
- Stable automotive and battery sector orders offset construction softness, shaping the Iron Oxide Demand Outlook.
- China and regional supplier flows supported availability, effectively keeping the Iron Oxide Price Index stable.
- Inventories rose modestly as logistics normalized, easing tightness and softening the Iron Oxide Spot Price.
Why did the price of Iron Oxide change in December 2025 in Europe?
- Natural gas moderation reduced calcination costs, allowing producers to concede modest price concessions in December.
- Softer construction demand and delayed export purchases weakened offtake, tempering December pricing despite automotive strength.
- Improved logistics and steady import flows increased availability, while inventories rose slightly, reducing market tightness.
South America
- In Brazil, the Iron Oxide Price Index rose by 0.75% quarter-over-quarter, supported by steady exports.
- The average Iron Oxide price for the quarter was approximately USD 1074.33/MT, reflecting balanced supply.
- Iron Oxide Spot Price stayed competitive as abundant feedstock and steady kiln operations limited pressure.
- Iron Oxide Production Cost Trend remained stable with limited energy and raw material cost increases.
- Iron Oxide Demand Outlook is steady with seasonal paint and construction restocking supporting modest consumption.
- Iron Oxide Price Forecast suggests modest fluctuation driven by seasonal procurement and export enquiry patterns.
- Port and warehouse inventories kept offers disciplined; Iron Oxide Price Index reacted to supply buffers.
- Kiln operating continuity limited spot sales; Iron Oxide Spot Price resilience reflected smooth shipping schedules.
Why did the price of Iron Oxide change in December 2025 in South America?
- Record iron-ore shipments raised feedstock availability significantly, reducing producers' pricing power and pressuring FOB values.
- Year-end inventory drawdowns and muted export enquiries constrained bookings, weakening demand across key regional buyers.
- Smooth logistics and kiln operations prevented shortages; limited energy costs constrained producers raising offers.
For the Quarter Ending September 2025
North America
- In the USA, the Iron Oxide Price Index rose by 7.79% quarter-over-quarter, reflecting tariff-driven inflation.
- The average Iron Oxide price for the quarter was approximately USD 987.33/MT, net of taxes.
- Iron Oxide Spot Price tightened then firmed as the Price Index reflected import pressures later.
- Iron Oxide Price Forecast anticipates modest variation, influenced by freight normalization and seasonal construction demand.
- Iron Oxide Production Cost Trend rose; ore and freight cost increases pressured Price Index upward.
- Iron Oxide Demand Outlook steady for public infrastructure and coatings, while residential construction tempers buying.
- Iron Oxide Price Index strength from thinning inventories and export demand absorbing volumes, tightening supply.
- Asian producer curtailments and tariffs elevated landed costs, adding upward bias to Price Index domestically.
Why did the price of Iron Oxide change in September 2025 in North America?
- Reduced Asian export allocations and tariff-inflated landed costs constrained imports, tightening available US inventories sharply
- Freight volatility and longer lead times disrupted replenishment cycles, prompting distributors to accelerate purchases, restocking
- Sustained infrastructure and coatings demand absorbed supply, enabling suppliers to pass higher costs into prices
APAC
- In Indonesia, the Iron Oxide Price Index rose by 7.412% quarter-over-quarter, driven by tight supply.
- The average Iron Oxide price for the quarter was approximately USD 864.67/MT, import-driven landed costs.
- Iron Oxide Spot Price remained firm as Chinese offers and disciplined domestic output limited availability.
- The Iron Oxide Price Forecast suggests modest fluctuations balancing expo demand and seasonal construction slowdown.
- Production Cost Trend reflects upward pressure from higher Asian container freight and import landed costs.
- Demand Outlook remains positive with construction, paints, and infrastructure procurement supporting steady pigment offtake volumes.
- Iron Oxide Price Index gains reinforced by cautious inventories and export inquiries from regional buyers.
- Domestic producers maintained disciplined output, limiting spot availability while imports met residual market needs locally.
Why did the price of Iron Oxide change in September 2025 in APAC?
- Tight regional supply limited Chinese cargo availability, constraining physical supply and supporting upward price pressure.
- Elevated container freight rates increased landed costs materially, prompting traders to pass higher import-driven pricing.
- Firm downstream demand from construction, coatings and expo procurement sustained offtake despite cautious inventory restocking.
Europe
- In Germany, the Iron Oxide Price Index rose by 2.04% quarter-over-quarter due to port congestion.
- The average Iron Oxide price for the quarter was approximately USD 934.67/MT, FOB Hamburg reported.
- Iron Oxide Spot Price remained constrained as distributors adjusted offers amid logistical delays and inventory.
- Iron Oxide Production Cost Trend stayed high as energy and processing expenses pressured producer margins.
- Iron Oxide Demand Outlook remains muted with weak residential construction offset by civil engineering support.
- Iron Oxide Price Forecast indicates modest volatility, with seasonal dips then rebounds ahead of restocking.
- Inventory accumulation and steady exports balanced local shortages, leaving the Iron Oxide Price Index rangebound.
- Port disruptions, seasonal turnarounds, and feedstock availability influenced producer offers and market tightness in Q3.
Why did the price of Iron Oxide change in September 2025 in Europe?
- Supply constraints from port congestion and transport delays tightened availability, elevating Iron Oxide Price Index.
- Elevated energy and processing costs increased production pressure, influencing higher offers despite weak domestic demand.
- Inventories remained elevated, while export flows provided balance, limiting larger price escalation across German markets.
South America
- In Brazil, the Iron Oxide Price Index rose by 4.41% quarter-over-quarter, driven by tight supply.
- The average Iron Oxide price for the quarter was approximately USD 1066.33/MT including logistics premiums.
- Iron Oxide Spot Price strengthened amid constrained inland logistics and elevated freight, supporting firmer offers.
- Iron Oxide Price Forecast projects marginal fluctuations as exporters adjust shipments ahead of tariff implementation.
- Iron Oxide Production Cost Trend increased due to higher ore and energy costs, supporting offers.
- Iron Oxide Demand Outlook remains resilient from construction and coatings, offsetting some export diversion effects.
- Iron Oxide Price Index gains moderated as exporters accelerated shipments ahead of tariffs, tightening availability.
- Inventories and export demand shifts will determine short term pricing volatility and material availability domestically.
Why did the price of Iron Oxide change in September 2025 in South America?
- Tight supply and accelerated exports ahead of U.S. tariff reduced availability, contributing to price rise.
- Higher ore and energy costs with inland logistics disruptions increased production costs, supporting firmer offers.
- Resilient construction and coatings demand sustained offtake despite manufacturing headwinds and anticipated export reallocations near-term.
