Monoisopropylamine Pricing Assessment
UNSPC: 12352100

• Russia-Ukraine Conflict (2022):   The conflict has disrupted the supply of raw materials and transportation routes, leading to increased production costs and delays in delivery. MIPA production is energy-intensive, and rising energy costs due to the conflict have driven up prices for many chemicals, including MIPA. Increased demand for agrochemicals and pharmaceuticals during the conflict has also influenced MIPA pricing, as it is an important intermediate in these sectors. Sanctions and trade restrictions can affect the availability of MIPA and its precursors, further impacting prices. 
• Texas Winter Storm (2021): The extreme cold led to widespread power outages and facility shutdowns in Texas, a major hub for chemical production. This resulted in decreased production capacity for many chemicals, including MIPA. The storm disrupted the supply of key raw materials needed to produce MIPA. This scarcity contributed to rising prices. The storm caused spikes in energy prices, impacting the cost of production for chemical manufacturers, which often pass these costs onto customers. 
• COVID-19 Pandemic (2020):   Lockdowns and restrictions on movement disrupted global supply chains, leading to delays in the production and transport of chemicals, including MIPA. The pandemic increased demand for certain products, particularly in the pharmaceutical and personal care sectors. MIPA is used in the synthesis of pharmaceuticals and as a pH adjuster in cosmetics, which contributed to increased demand during this time. Many chemical manufacturers had to adjust operations to comply with health and safety regulations, leading to reduced production capacities. This also affected the availability of MIPA. 
• Geopolitical Tensions (2018-2019): The trade conflict between the U.S. and China led to tariffs on various chemicals and materials. This affected the cost structure for manufacturers and suppliers of MIPA, leading to price increases. 
• Sanctions on specific countries impacted the availability of certain chemicals and raw materials, which could have included precursors used in MIPA production. This resulted in tighter supplies and increased prices. 
• Shale Gas Boom (2010s): The abundance of shale gas contributed to lower energy prices in the U.S. This reduction in energy costs benefited chemical manufacturers, allowing them to produce MIPA more economically. 
• Global Financial Crisis (2008-2009): The crisis led to a global economic downturn, resulting in decreased demand for various chemicals, including MIPA. Many industries that use MIPA, such as agriculture and pharmaceuticals, scaled back production due to reduced consumer spending. 
• Hurricane Katrina (2005): In the aftermath of Hurricane Katrina, MIPA prices likely experienced upward pressure due to reduced supply and increased production costs stemming from the impacts of the hurricane. 

These events underscore the Monoisopropylamine market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics.