In Q3’25, Ziram prices in Asia saw mild downward pressure, mostly due to balanced inventory levels and moderate demand. The agricultural sector supported steady consumption, especially in crop protection, but buyers remained cautious. Instead of bulk purchases, many distributors focused on clearing existing stock, which kept market activity soft.
Production costs slightly eased during the quarter. Prices of raw materials like DMA showed a downward trend in mid-September, which reduced some cost pressure on Ziram manufacturers. However, this benefit was limited, as the overall market mood stayed cautious and speculative buying was low.
In China, adequate Ziram supply and sufficient inventories held back any sharp price increase. Similarly, in India, demand remained stable, and producers kept operations aligned with actual orders to avoid stock build-up. Throughout the region, pricing was mostly stable with a slight downward tilt by the end of the quarter.