In the initial week of February, the global market witnessed a decrease in the price of Alkyl Amine. This decline is primarily attributed to the downward movement in Ammonia prices, along with a decrease in the costs of Methanol and Ethanol affecting the prices of Methyl Amine, Dimethyl Amine, and Tri Ethyl Amine. The current market scenario involves destocking activities, prompting suppliers to exercise caution in accumulating new inventory. These significant factors have notably influenced the pricing dynamics of Alkyl Amine in the market.
In the US market, the price of Alkyl Amine, primarily Dimethyl Amine, stabilized at xxxx USD/MT DEL-USGC, reflecting a decline of x.xxx. In the downstream market, the Pharma sector is exhibiting robust performance, whereas the Agrochemical sector is showing moderate to lower performance. This is directly affecting the demand for Alkyl Amine in the production of herbicides, fungicides, and insecticides. The decline in...
