USGC (USA): At the end of Qx, heightened demand in the construction and automotive sectors, coupled with supply chain constraints and rising raw material costs, drove Meth Acrylic Acid (MAA) prices in the USA higher. The June warmer weather spurred activities in these sectors, leading to increased demand for MAA-based products like paints, coatings, and automotive refinishing materials. Lower inventory levels forced manufacturers and distributors to rely more heavily on spot purchases, further pushing prices higher. As a result, MAA prices rose to USD x,xxx per metric ton, reflecting an increase of USD xx per MT or x.xx from the previous month.
In June, MAA prices in the USA rose due to stable yet high costs of key raw materials like acetone cyanohydrin and sulfuric acid, driven by strong demand and production issues. Significant congestion at US container ports further strained the supply chain, causing shipping delays...
