Methyl Amine Prices Remain Stable in Asia Due to Steady Supply and Inventory Management

Methyl Amine Prices Remain Stable in Asia Due to Steady Supply and Inventory Management

S. Jayavikraman 02-Aug-2024

As of the last week of July, the price of Methyl Amine in the Asian market has shown notable stability, largely influenced by balanced supply and demand dynamics. Despite a reduction in downstream market demand, suppliers have maintained ample inventory levels, preventing significant bidding activity. This equilibrium between supply and demand has resulted in stable Methyl Amine prices. The current market conditions highlight the role of effective inventory management and steady supply in sustaining price stability. This trend underscores the importance of balancing supply with demand fluctuations to maintain consistent pricing in the Methyl Amine market.

In the Chinese market, Methyl Amine prices have stabilized at xxx USD/MT FOB-Dalian. Ammonia prices have been falling continuously due to limited buildup activities by traders; however, Shandong Shuntian&#xx;s liquid ammonia plant, with daily sales of xxx tons, has ensured a steady supply. Methanol prices have shown a consolidation trend, with...

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