Methyl N Amyl Ketone (MAK) Price Trends 2025
? Price Trends in 2024
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United States: In the first quarter of 2024, MAK prices declined due to weak demand from the paint and coatings sector and limited trading activities. By the end of Q3, prices rebounded to USD 4,400 per metric ton (MT) FOB Louisiana, driven by strong demand from key sectors and supply chain disruptions. However, by September, prices began to decline again as demand softened and domestic production increased, reducing reliance on imports
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India: In December 2023, MAK prices were USD 3,720 per MT, influenced by high inventory levels and weak market demand, particularly from the paint and coating industries. This oversupply situation led to declining prices .
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Asia-Pacific (APAC): Throughout 2024, the APAC region saw fluctuating MAK prices. In Q3, prices increased by 10% in India, reaching USD 3,350 per MT CFR JNPT, driven by strong demand from the paints and coatings sector and supply constraints. However, by Q4, prices declined due to high inventory levels and weak demand .
? Early 2025 Outlook
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United States: In January 2025, MAK prices showed a bullish trend, with U.S. containerized imports hitting a record high. This surge was attributed to strategic stockpiling and anticipation of new tariffs, despite challenges in the beauty and personal care sector .
? Key Market Drivers
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Demand Fluctuations: The paint and coatings sector, a major consumer of MAK, has experienced varying demand levels, impacting prices accordingly.
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Supply Chain Dynamics: Disruptions, such as hurricanes in North America and logistical challenges in APAC, have affected supply, leading to price volatility.
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Feedstock Costs: Changes in the prices of raw materials like acetone and pentanol have influenced production costs and, subsequently, MAK prices.
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Geopolitical Factors: Trade policies and tariffs, particularly between the U.S. and Asia, have impacted import/export dynamics and pricing strategies.
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