For the Quarter Ending March 2026
Magnesium Sulphate Prices in North America
- In United States, the Magnesium Sulphate Price Index fell quarter-over-quarter in Q1 2026, driven by plummeting feedstock costs.
- The Magnesium Sulphate Production Cost Trend declined in March 2026 despite the broader producer price index rising 4.0%.
- The Magnesium Sulphate Demand Outlook remained robust for pharmaceuticals in Q1 2026, while consumer inflation reached 3.3%.
- Industrial production grew 0.7% in March 2026, aligning with expanded domestic production capacity for the chemical market.
- Retail sales increased 4.0% and unemployment fell to 4.3% in March 2026, supporting downstream consumer goods demand.
- Sulfuric acid feedstock costs plummeted and regional availability surged across the North American market in March 2026.
- Competitive import pressure intensified and domestic inventory availability strengthened throughout the North American region in March 2026.
- The Magnesium Sulphate Price Forecast reflected downward pressure in March 2026 as agricultural fertilizer procurement moderated seasonally.
Why did the price of Magnesium Sulphate change in March 2026 in North America?
- Sulfuric acid feedstock costs plummeted and regional availability surged in the market in March 2026.
- Competitive import pressure intensified and domestic inventory availability strengthened across the region in March 2026.
- Agricultural application activity and fertilizer procurement moderated in the North American market in March 2026.
Magnesium Sulphate Prices in APAC
- In China, the Magnesium Sulphate Price Index rose quarter-over-quarter in Q1 2026, driven by surging feedstock costs.
- The Magnesium Sulphate Production Cost Trend escalated in March 2026 as producer prices increased 0.5% year-on-year.
- The Magnesium Sulphate Demand Outlook strengthened in Q1 2026, supported by consumer inflation rising 1.0% year-on-year.
- Industrial production grew 5.7% year-on-year and the Manufacturing Index expanded in March 2026, boosting chemical consumption.
- Retail sales rose 1.7% year-on-year while unemployment reached 5.4% in March 2026, reflecting mixed broader economic conditions.
- Consumer confidence stood at 91.6 in February 2026, indicating cautious sentiment affecting discretionary spending across downstream sectors.
- Sulfuric acid feedstock costs surged and magnesite ore mining expenses escalated throughout the Q1 2026 period.
- Magnesium product stockpiles depleted amid intensive export orders in January 2026, tightening overall domestic market availability.
- The Magnesium Sulphate Price Forecast remained elevated after the government expanded fertilizer export bans in March 2026.
Why did the price of Magnesium Sulphate change in March 2026 in APAC?
- Sulfuric acid feedstock costs surged due to severe raw material availability constraints during Q1 2026.
- Domestic agricultural fertilizer demand strengthened considerably during the spring planting season throughout Q1 2026.
- Magnesium product export shipments surged and domestic stockpiles depleted rapidly during January and March 2026.
Magnesium Sulphate Prices in Europe
- In Germany, the Magnesium Sulphate Price Index rose quarter-over-quarter in Q1 2026, driven by surging production costs.
- In March 2026, Germany's CPI reached 2.7% year-over-year, reflecting surging energy prices that elevated the Magnesium Sulphate Production Cost Trend.
- A -0.2% PPI decline in March 2026 and stagnant 0.0% industrial production in February 2026 maintained baseline requirements.
- The Manufacturing Index expanded in March 2026, which supported a strengthened Magnesium Sulphate Demand Outlook across industrial sectors.
- An elevated 6.3% unemployment rate in March 2026 highlighted a stagnant labor market, which constrained broader economic growth.
- Agricultural demand for Magnesium Sulphate strengthened in late February and March 2026 during spring planting preparations.
- Sulfuric acid feedstock costs surged significantly during Q1 2026 due to severe product scarcity and supply disruptions.
- The Magnesium Sulphate Price Forecast remained elevated in Q1 2026 due to ongoing geopolitical shipping delays.
Why did the price of Magnesium Sulphate change in March 2026 in Europe?
- Sulfuric acid feedstock costs surged significantly in Q1 2026 due to severe regional supply scarcity.
- Energy and freight costs spiked in March 2026 following geopolitical conflicts disrupting global transit routes.
- Agricultural and industrial demand strengthened in March 2026, further tightening available regional chemical inventory levels.
For the Quarter Ending December 2025
Magnesium Sulphate Prices in North America
- In United States, Magnesium Sulphate Price Index rose quarter-over-quarter in Q4 2025, driven by surging demand for magnesium alloys.
- Production costs increased in Q4 2025, influenced by a 3.0% rise in PPI in November 2025.
- Demand for Magnesium Sulphate saw an uptick in Q4 2025, supported by a 2.0% increase in industrial production in December 2025.
- Magnesium alloy inventories tightened significantly from September into Q4 2025, reflecting robust demand.
- Favorable low-cost shale gas feedstock throughout 2025 mitigated production cost increases for North American producers.
- The Price Index reflected elevated agricultural production costs in Q4 2025, impacting fertilizer markets.
- Domestic magnesium supply increased in the US and Canada in 2025, reducing import dependence.
- Consumer confidence (89.1 in December 2025) and retail sales (3.3% in November 2025) bolstered demand.
- The unemployment rate, at 4.4% in December 2025, indicated a stable labor market, supporting economic conditions.
Why did the price of Magnesium Sulphate change in December 2025 in North America?
- Surging demand for magnesium alloys from September into Q4 2025.
- Elevated global fertilizer prices in Q4 2025 increased production costs.
- Tightened magnesium alloy inventories from September into Q4 2025.
Magnesium Sulphate Prices in APAC
- In China, the Magnesium Sulphate Price Index remained stable quarter-over-quarter in Q4 2025, supported by rising feedstock costs.
- Magnesium Sulphate production costs increased in October 2025, driven by rising sulfuric acid and magnesium prices.
- China's Producer Price Index declined 1.9% year-over-year in December 2025, reflecting industrial input cost moderation.
- Industrial output growth accelerated in Q4 2025, with production rising 5.2% year-over-year in December 2025.
- The Manufacturing Index expanded in December 2025, indicating increased demand for industrial chemicals.
- Demand from pharmaceutical sector strengthened in 2025, alongside stable agricultural demand in Q4 2025.
- Magnesium product exports from China slightly decreased in December 2025, following an October peak correction.
- Consumer Price Index rose 0.8% and retail sales increased 0.9% year-over-year in December 2025.
- The unemployment rate was 5.1% in December 2025, supporting overall economic stability.
- Consumer confidence reached 90.30 points in November 2025, influencing discretionary spending.
Why did the price of Magnesium Sulphate change in December 2025 in APAC?
- Rising feedstock costs for sulfuric acid and magnesium provided upward price support in October 2025.
- Industrial output growth accelerated in Q4 2025, boosting demand for Magnesium Sulphate.
- China's magnesium product exports slightly decreased in December 2025, influencing market balance.
Magnesium Sulphate Prices in Europe
- In Germany, the Magnesium Sulphate Price Index rose quarter-over-quarter in Q4 2025, driven by firming costs and robust demand.
- Production costs for Magnesium Sulphate increased in Q4 2025, influenced by firm sulfuric acid and magnesium oxide prices.
- Agricultural demand strengthened in Q4 2025, supported by a robust grains crop in Germany.
- Industrial production in Germany rose 0.8% year-on-year in October 2025, supporting chemical demand.
- Germany's Producer Price Index fell 2.5% year-on-year in December 2025, impacting manufacturing costs.
- The Manufacturing Index for Germany showed a contracting trend in December 2025, affecting industrial sentiment.
- Retail sales rose 1.1% year-on-year in November 2025, while unemployment was 6.2% in December 2025.
- Consumer confidence was -12.0 points in December 2025, and CPI rose 1.8% year-on-year.
Why did the price of Magnesium Sulphate change in December 2025 in Europe?
- Magnesium Sulphate prices rose due to firming sulfuric acid costs in Q4 2025.
- Robust agricultural demand in Q4 2025, driven by a strong grains crop, supported prices.
- Tighter European natural gas stockpiles in December 2025 contributed to higher energy costs.
For the Quarter Ending September 2025
Magnesium Sulphate Prices in North America
- In the USA, the Magnesium Sulphate Price Index fell by 2.97% quarter-over-quarter, reflecting softer exports.
- The average Magnesium Sulphate price for the quarter was approximately USD 642.33/MT, publicly reported.
- Magnesium Sulphate Spot Price remained stable while the Price Index softened amid limited coastal demand.
- Magnesium Sulphate Demand Outlook shows muted industrial consumption, keeping the Price Index under modest pressure.
- Magnesium Sulphate Production Cost Trend rose from logistics and feedstock fees, limiting Price Index declines.
- Short-term Magnesium Sulphate Price Forecast suggests range-bound movement, the Price Index staying within tight bands.
- High stocks and rates at producers constrained upward pressure on the Magnesium Sulphate Price Index.
- Weak derivative feedstock demand from fertilizer sectors domestically weighed on the Magnesium Sulphate Price Index.
Why did the price of Magnesium Sulphate change in September 2025 in North America?
- Higher inventories and slower exports reduced buying, pressuring the September Magnesium Sulphate Price Index regionally.
- Stable production and full plant utilization limited disruptions, muting potential short-term Magnesium Sulphate price rebounds.
- Logistics improvements partially offset raw material inflation, producing marginal net movement in regional Price Index.
Magnesium Sulphate Prices in APAC
- In Indonesia, the Magnesium Sulphate Price Index fell by 13.95% quarter-over-quarter, reflecting weaker export demand.
- The average Magnesium Sulphate price for the quarter was approximately USD 121.33/MT, based on CFR.
- Magnesium Sulphate Spot Price weakness pressured margins while Price Index contraction mirrored lower seaborne demand.
- Magnesium Sulphate Price Forecast indicates limited term recovery as inventories remain elevated and selective buying.
- Magnesium Sulphate Production Cost Trend showed easing from softer feedstock energy and lower freight pressures.
- Magnesium Sulphate Demand Outlook remains muted from fertilizer and pharmaceutical, while downstream restocking stays cautious.
- Magnesium Sulphate Price Index movements tracked reduced port loadings and competitive offers from neighbouring exporters.
- Operational outages at select plants tightened supply but did not reverse the Price Index downtrend.
Why did the price of Magnesium Sulphate change in September 2025 in APAC?
- Reduced export inquiries and slower Indonesian port loadings decreased volumes, weighing on quarter-end Price Index.
- Weaker feedstock pricing and lower freight rates reduced production costs, limiting pass through to prices.
- Higher inventories and selective downstream buying suppressed spot activity, prolonging the Price Index downward momentum.
Magnesium Sulphate Prices in Europe
- In Spain, the Magnesium Sulphate Price Index fell by 3.37% quarter-over-quarter, reflecting softer domestic demand.
- The average Magnesium Sulphate price for the quarter was approximately USD 563.33/MT, indicating regional equilibrium.
- European Magnesium Sulphate Spot Price softened, applying downward pressure on the broader national Price Index.
- Lower feedstock costs improved Magnesium Sulphate Production Cost Trend, supporting margins amid muted sales volumes.
- Short-term Magnesium Sulphate Demand Outlook remains weak as fertilizer and industrial demand experienced seasonal downtick.
- Near-term Magnesium Sulphate Price Forecast sees limited upside without stronger export orders or plant outages.
- Moderate inventories and subdued export demand constrained recovery, limiting upward pressure on contract settlement levels.
- Logistics remained stable, though local distribution delays intermittently affected spot trading and Price Index readings.
Why did the price of Magnesium Sulphate change in September 2025 in Europe?
- Reduced domestic procurement lowered spot demand, contributing to the September downward movement in Price Index.
- Lower feedstock pricing reduced producer costs, while logistics bottlenecks intermittently pressured transactional settlement levels moderately.
- Elevated inventories and subdued export orders capped recovery, keeping short-term Price Index movements constrained overall.
For the Quarter Ending March 2025
North America
In Q1 2025, the North American Magnesium Sulphate market witnessed a mixed price trend, shaped by global supply fluctuations, trade policy uncertainty, and shifting downstream sector dynamics. The quarter opened with marginal price growth amid steady demand from the pharmaceutical and cosmetics industries and tight feedstock Sulphuric Acid supply, driven by robust fertilizer demand.
Mid-quarter marked a sharp downturn in prices, influenced by lower feedstock costs, increased inventories in key Asian producer and exporter, China, following the Chinese Lunar New Year, and ongoing global trade disruptions, including tariffs and slower export growth from key suppliers. Despite this, the U.S. cosmetics sector sustained moderate growth, and the pharmaceutical sector remained resilient, supported by innovation and supply chain investments.
At the end of the quarter, prices rebounded slightly, as constrained production in Asia, exacerbated by strong agrochemical demand and port congestion, tightened supply. Magnesium Sulphate’s exemption from new U.S. tariffs helped maintain availability, while steady demand across therapeutic and skincare applications contributed to market stability. Overall, the quarter closed on a firm note, with consistent demand supporting a recovery in price momentum after mid-quarter softness.
APAC
In the first quarter of 2025, the Asian Magnesium Sulphate market witnessed a volatile price trend shaped by changing feedstock dynamics, seasonal agricultural demand, trade policy shifts, and consistent downstream sector activity. January began bullish as rising Sulphuric Acid prices fueled by fertilizer sector demand raised the production costs. Domestic and export demand held firm, especially from the pharmaceutical and cosmetics sectors, as wellness-focused magnesium creams gained popularity. However, February marked a downturn due to the post-Spring Festival slowdown, elevated inventories, and easing magnesium powder feedstock costs. Geopolitical tensions and newly imposed U.S. tariffs further strained global trade, contributing to bearish sentiment. Despite these pressures, demand remained stable, particularly from evolving personal care trends and biotech advancements. March saw a sharp rebound, driven by low Sulphuric Acid availability due to agrochemical demand and maintenance outages, coupled with intensified logistical disruptions such as port congestion and volatile freight rates across Asia. Strong cosmetic and pharmaceutical sector activity in markets like India and South Korea sustained bullish demand. Overall, Q1 concluded with a recovery-led firming trend, propelled by steady end-use consumption and persistent supply-side constraints.
Europe
In Q1 2025, the European Magnesium Sulphate market experienced a dynamic landscape marked by shifting supply chain conditions, changing feedstock availability, and steady demand from key downstream sectors. The quarter began on a bullish note, with Magnesium Sulphate demand supported by constrained Sulphuric Acid feedstock availability and stable consumption in the pharmaceutical and cosmetics industries. Growing interest in wellness and magnesium-based personal care products further enhanced market sentiment. In February, the Magnesium Sulphate market saw a dip in confidence due to adverse weather, port strikes, and rising inventory levels, which, combined with weakening global demand, led to easing feedstock costs. Despite these setbacks, the cosmetic and pharmaceutical sectors maintained moderate demand, anchoring the market. By March, the Magnesium Sulphate market witnessed a rebound, with tightening supply conditions caused by persistent logistical bottlenecks at major European ports, rerouted vessels, and extended delivery schedules. While feedstock pressures relaxed, the consistent demand for Magnesium Sulphate across therapeutic and personal care formulations stabilized the market. Overall, Q1 2025 closed with a stable-to-firm outlook, driven by reliable downstream consumption and ongoing supply chain challenges impacting availability across Europe.
