Product
Methylamine Price Trend and Forecast
Methylamine Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Methylamine in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Methylamine Price Trend for the First Half of 2023
Asia
The problem of oversupply and reduction in demand caused the price trend of methylamine to decline in the first quarter of 2023. In this quarter, the prices were also affected by the falling market of feedstock ammonia and the declining buying potential of consumers. Additionally, the second quarter also witnessed several disruptions in the pharmaceuticals market along with a reduction in the production rates.
Europe
The cleaning and surfactants industry drove the price trend of methylamine in the first quarter of 2023, but this trend was not followed in the second quarter as the prices declined significantly. The trading activities of the region remained weak throughout the quarter, and with the high number of imports, the level of inventories rose. In addition to this, the estimated growth of oil and gas industries came out to be lower than expected, which ultimately led to a decline in consumer confidence and their purchasing tendency, which negatively impacted methylamine prices in Europe.
North America
The North American region mirrored the price trend observed in the European region. Methylamine prices surged in the first quarter with support from the surfactants industry, but the unreasonable hike in feedstock prices negatively impacted the prices of the commodity. In the second quarter, disruptions in supply chains and reluctance in the spending ability of consumers caused the prices of methylamine to decline.
Analyst Insight
According to Procurement Resource, the price of methylamine is estimated to follow a downward trajectory as the demand from downstream industries seems silent, and with the decline in consumer confidence, the price trend is expected to go southwards.
Procurement Resource provides latest prices of Methylamine. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Methylamine is a chemical compound with the molecular formula CH3NH2. It is a colorless gas with a pungent odor, commonly found in nature and produced industrially. Methylamine is a vital building block in the synthesis of various organic compounds, including pharmaceuticals, pesticides, and dyes. It is also utilized in the production of rubber accelerators and explosives. In laboratories, methylamine is used as a reagent in various chemical reactions. Due to its potent odor and potential hazards, proper handling and safety precautions are essential when working with this compound.
Product Details
| Report Features | Details |
| Product Name | Methylamine |
| Chemical formula | CH3NH2 |
| Industrial Uses | Explosives, Solvents, Dyes and pigments, Water treatment, Pesticide production |
| HS Code | 29211100 |
| CAS Number | 74-89-5 |
| Molecular weight | 31.05 g/mol |
| Synonyms | Methanamine, Aminomethane |
| Supplier Database | Mitsubishi Gas Chemical, Celanese, Alkyl Amines Chemicals, Balaji Amines, LOTTE Fine Chemical, Anyang Chemical Industry Group |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
In this process, vapor phase amination of methanol is carried out in the presence of solid catalyst.
Methodology
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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