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Asian Methyl Amine Prices Fall Due to Lower Production and Weaker Demand

Asian Methyl Amine Prices Fall Due to Lower Production and Weaker Demand

Kim Chul Son 02-Sep-2024

By the last week of August, Methyl Amine prices in the Asian market saw a significant decline. This drop in the Methyl Amine price was mainly driven by reduced production from manufacturers in response to weakened downstream demand, as inventories remained plentiful. The feedstock market showed stability, with no major price fluctuations, which helped moderate Methyl Amine pricing in the region. However, supply chain disruptions on European routes caused an increase in freight costs, leading suppliers to slightly raise their export prices to manage supply-demand imbalances. These factors collectively influenced Methyl Amine prices globally, highlighting the delicate interplay between stable feedstock costs, shifting demand, and logistical challenges.

In the German market, Methyl Amine prices have marked a rise this week. In the feedstock market the price of the feedstock majorly Ammonia marked x.xxx decrease, Methanol, a crucial feedstock, saw a x.xx increase in last x...

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