During Q4’25, Ziram prices showed a mostly stable to slightly firm trend in the global market. The movement was largely influenced by raw material availability and cautious buying behaviour from end users. Feedstock markets linked to amines and sulfur-based chemicals stayed mostly balanced, which helped prevent sharp cost swings for Ziram producers. While some input costs moved unevenly, suppliers managed production carefully to avoid excess inventories.
Demand from the agrochemical sector remained steady but restrained, as buyers focused on meeting immediate seasonal needs rather than building stocks. Many customers preferred contract-based purchases and avoided forward buying due to uncertain crop demand and margin pressure. This cautious demand limited any strong upward movement in Ziram prices.
On the supply side, manufacturers maintained controlled operating rates, aligning production closely with confirmed orders. This approach reduced spot availability in some regions and helped support the market. Overall, the market stayed balanced, with neither strong demand nor oversupply dominating the quarter.