During March xxxx, the prices of Monoisopropylamine (MIPA) exhibited a downward trend. In the US market, MIPA prices have undergone by x.xx from USD xxxx/MT to USD xxxx/MT, a substantial decrease during March xxxx, in line with significant declines observed in Ammonia and Isopropyl Alcohol (IPA) prices in the feedstock market. The severe drought affecting the Panama Canal, a crucial trade route, has imposed limitations on daily crossings, potentially causing disruptions in global supply chains. However, there is optimism that with anticipated rains in May, the Panama Canal Authority plans to increase daily slots to align with average levels during the rainy season. This adjustment aims to alleviate constraints and restore smoother operations along this vital trade passage.
Across the APAC region, MIPA prices in the Chinese market have continued their downward trajectory, reflecting similar trends seen in key raw materials such as Ammonia and IPA over...
