| Product |
Category |
Region |
Price |
Last Updated Month |
| Methacrylic Acid |
Chemicals |
India |
2156 USD/MT |
September’24 |
Stay updated with the latest Methacrylic Acid prices, historical data, and tailored regional analysis
Asia
Q3’24 witnessed significant changes in the methacrylic acid market across Asia. Early quarter operations saw mounting pressure from acetic acid costs, which shaped producer pricing strategies. Several facilities reduced output rates, creating temporary regional supply gaps. Plant maintenance schedules, particularly in China and Japan, further tightened material availability.
By September, market conditions began finding equilibrium as production capabilities improved, though overall sentiment remained optimistic due to steady demands from coating manufacturers. The prices in the Indian domestic market settled at around 2156 USD/MT (CIF) in September’24.
Europe
European methacrylic acid market witnessed a lot of challenges during Q3. Domestic producers faced dual pressures from climbing production costs and logistical hurdles at key ports. German manufacturing centres reported tight inventory positions, driving spot prices higher in adjacent markets. The latter half of the quarter saw demand patterns fluctuate as downstream industries adjusted purchasing volumes. Transportation bottlenecks gradually improved by September, though their earlier impact continued influencing regional pricing outlook for methacrylic acid.
North America
The US domestic market for methacrylic acid witnessed considerable volatility in Q3. Production faced disruptions from adverse weather, while simultaneously managing elevated acetic acid feedstock costs. Material movements saw delays from port congestion, prompting buyers to secure additional safety stock. Despite these challenges, production rates improved by the end of quarter as facilities returned to stable operations. Contract discussions reflected the quarter's supply uncertainties, with most settlements trending upward.