In Q1 2025, MIPA prices showed a decline in both China and the USA. MIPA China prices decreased by 9.2%, reaching 1,073 USD/ton, with a reduction in agrochemical demand contributing to the drop. The pharmaceutical sector remained stable, while the textile industry, facing ongoing material cost challenges, was also impacted by the lower prices. In contrast, MIPA USA prices fell by 5%, reaching 1,631 USD/ton. The agrochemical sector experienced a slight demand reduction, contributing to the price decline. The pharmaceutical industry remained largely unaffected, and the textile sector adjusted to the lower prices. Overall, these decreases reflected market contractions in both regions, influencing procurement strategies across key industries.




