MAA varied across the United States throughout the quarter, owing to the fact that demand supply fundamentals varied each month. Despite subdued demand from the downstream derivatives industry, prices remained robust in October due to rising input costs, but then decreased in November due to tight supply restrictions. However, MAA prices increased significantly in December as a result of a resurgence in input costs, resulting in general inflationary pressure across the North American market. However, marginal profitability remained a serious worry for North American converters. The MAA price was reported to be hovering around 2340 USD/MT FOB in October.
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Procurement Resource provides prices of Methacrylic Acid for several regions around the globe, which are as follows:
About Methacrylic Acid:
Methacrylic Acid (MAA) is an organic compound. It is a colourless, viscous liquid with an acrid unpleasant odour. It is miscible with most organic solvents and is soluble in water if it’s warm. Methacrylic Acid is industrially prepared on a large scale as a precursor to its esters, especially methyl methacrylate (MMA) and poly-MMA. Methacrylic Acid has numerous industrial uses, out of which, paints and adhesives are the most common ones. One natural source of MAA is Roman chamomile or whig plant.
In the most common route, acetone cyanohydrin is utilised as a starting product, which is turned into methacrylamide sulphate in the presence of sulphuric acid. Then, the obtained methacrylamide sulphate is hydrolysed to obtain Methacrylic Acid (MAA). The methacrylamide sulphate can also be esterified to obtain methyl methacrylate (MMA).
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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