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By mid-January, Methyl Amine prices in Asia experienced a notable upswing, primarily influenced by dwindling inventory levels that disrupted the supply-demand equilibrium. This supply tightness played a crucial role in pushing Methyl Amine prices higher, as market participants faced challenges in securing adequate volumes. Despite stable feedstock costs, the supply constraints and steady consumption drove the Methyl Amine price surge.
The production landscape showed signs of improvement, yet strong demand from key downstream sectors such as agrochemicals and pharmaceuticals reinforced the Methyl Amine price rally. Industrial applications maintained robust consumption levels, further amplifying market pressure and sustaining the upward momentum in pricing.
In India, Methyl Amine prices rose by x.xx over the past two weeks of January, largely driven by increased demand and a global inventory deficit that exerted pressure on supply chains. Feedstock price movements had a mixed effect鈥攎ethanol prices saw a slight decline of...
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