As of the week ending November 29th, Methyl n-Amyl Ketone (MAK) prices remained around USD 3520/Ton. FOB Houston, with slight fluctuations and a slight downward trend. This is typical, as MAK prices are influenced by demand from end-user industries and feedstock availability like acetone and propylene. The U.S. remains a major exporter, but there were fewer large orders and buyer inquiries. Demand in the paint and other end-use industries was steady. Overall, the price trend is expected to remain stable.
In Q3, Methyl n-Amyl Ketone (MAK) prices remained stable at around USD 3520/Ton. This stability was driven by a balance between supply and demand, with steady consumption from end-user industries. Although there were fluctuations in demand, particularly in the paint and coatings sectors, the overall market conditions allowed prices to maintain a steady level. The stability in Q3 was supported by consistent feedstock availability and moderate industry demand.
In the second quarter, the price surged to USD 3550 due to increased demand in the end-of-use market. This rise in price can be attributed to the growing need for the product, driven by various factors such as heightened consumer demand, shifts in market conditions, and potential changes in production or supply chain dynamics. The increased end-use demand created upward pressure on prices, leading to this significant increase.
In Q1, Methyl n-Amyl Ketone (MAK) prices were around USD 3200/Ton, primarily due to weakened demand from end-user industries. The lower consumption in key sectors, such as paints and coatings, significantly impacted the market, causing a decline in prices. Reduced activity in these industries, especially during the winter months, contributed to the overall softness in demand. This led to the lower price levels observed in Q1. The trend was largely driven by the continued sluggishness in end-user consumption, which affected both the supply chain and market pricing.