Methyl Amine Prices See Steady Decline in Asia Amid adequate Feedstock supply and Stronger Exchange Rates
Methyl Amine Prices See Steady Decline in Asia Amid adequate Feedstock supply and Stronger Exchange Rates

Methyl Amine Prices See Steady Decline in Asia Amid adequate Feedstock supply and Stronger Exchange Rates

  • 04-Apr-2025 1:00 AM
  • Journalist: Li Hua

In the Asian market, Methyl Amine prices saw a notable decrease in the H2 March. This decrease in the Methyl Amine price is majorly attributed to the decrease in the major feedstock price particularly Ammonia. Suppliers took a cautious approach, keeping their offers subdued, while improved logistics further eased market conditions.

Additionally the market participants have decreased their exporting price due to strength in the exchange rates adding downward pressure to the Methyl Amine price in the respective period. This led suppliers to gradually tweak their pricing strategies, while buyers took a cautious approach, waiting to see if prices would shift further before making purchases. Overall, the market saw a steady decline in Methyl Amine prices, but the drop remained measured and under control.

In the second half of March, Methyl Amine prices in China saw a noticeable decline. The market was influenced by improved Ammonia supply as manufacturers resumed operations following maintenance shutdowns. With production rates picking up, availability increased, easing earlier supply constraints. Additionally, weaker demand for urea led some producers to shift their output toward ammonia, further adding to the surplus. This excess stock put additional pressure on the market, making it difficult for prices to remain stable.

Additionally, in March, exchange rates witnessed notable improvement, thereby contributing towards easing the Methyl Amine exporting price from the manufacturers. This cautious approach is contributing to a downward movement in the Methyl Amine market.

The price of the Methyl Amine in the Indian market witnessed a notable decrease in H2 March. This decrease in the Methyl Amine price is attributed to the adequate availability of the feedstock majorly Ammonia and Methanol. On the demand side the demand from the agrochemical sector remained stable with an expectation of an uptick in the preparation of the Kharif Season. However the market is currently witnessing surplus availability of the inventories due to which the suppliers have reduced their contract selling price in the respective period.

Despite this steady demand, adequate inventory levels have kept production capacities stable, allowing for uninterrupted supply chain. As a result, suppliers have changed their ex-quotation prices downward, reflecting the comfortable stock positions and market conditions during the period.

According to ChemAnalyst projections, Methyl Amine prices is expected to showcase bearishness in the coming sessions. Although demand is expected to improve, there is currently plenty of stock available in the market. This abundance of supply is expected to keep prices stable, as suppliers are likely to hold their offers within a defined range over the next few weeks.

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