Monochloroacetic Acid (MCA) Prices

Monochloroacetic Acid Prices September 2024

The monochloroacetic acid prices in the United States for Q3 2024 reached 1040 USD/MT in September. The market faced significant price declines, driven by weak demand and economic challenges. The construction sector's slowdown and low consumer confidence further exacerbated the market's struggles. A consistent drop in prices throughout the quarter highlighted a tough pricing environment, reflective of the declining demand and overall market instability.

The price trend for monochloroacetic acid in China for Q3 2024 settled at 570 USD/MT in September. The market faced a notable price growth fueled by supply constraints and increased demand. Industrial activity in pharmaceuticals and chemicals drove consumption, while supply issues tightened the market. Despite earlier yearly declines, prices steadily rose during the quarter, signaling improved market dynamics and positive sentiment in the region’s downstream industries.

In the Netherlands, the monochloroacetic acid prices for Q3 2024 reached 965 USD/MT in September. The market prices fell sharply due to lower procurement levels and subdued demand for monochloroacetic acid from key industries like pharmaceuticals. Steady feedstock costs and sufficient supply further pressured prices downward. Consumer sentiment remained low, contributing to weak market activity and emphasizing the region's overall bearish pricing trend during the quarter.

Monochloroacetic Acid Prices June 2024

The monochloroacetic acid prices in the United States for Q2 2024 reached 1050 USD/MT in June. The market witnessed a sharp decline, due to weak demand for monochloroacetic acid from agrochemical and industrial sectors. High domestic inventories and increased imports from global markets worsened the oversupply. The falling cost of raw materials, coupled with reduced agricultural activity, further pressured prices downward, reflecting a persistently bearish market sentiment throughout the quarter.

The price trend for monochloroacetic acid in South Korea for Q2 2024 settled at 468 USD/MT in June. The market faced a significant price fall due to generous stock levels and weak demand. Seasonal consumption dips and aggressive competition from lower-priced Chinese imports further pressured domestic prices. Combined with an oversupply and reduced feedstock costs, the market experienced a sustained downturn, marking a challenging quarter for MCA manufacturers and traders.

In Germany, the monochloroacetic acid prices for Q2 2024 reached 1060 USD/MT in June. The market faced various challenges with significant price declines due to subdued demand and ample supply. Seasonal effects, like the August holiday slowdown, further pressured prices. Stable feedstock costs and lower production expenses added to the bearish trend, creating a constantly weak market environment amid economic worries and declining downstream demand.

Monochloroacetic Acid Prices December 2023

The monochloroacetic acid prices in the United States for Q4 2023 reached 1274 USD/MT in December. The market significantly declined due to lower production costs and subdued demand. The decrease in feedstock prices, combined with a tepid downstream market, particularly in agrochemicals and surfactants, influenced this trend. Additionally, manufacturers anticipate a demand recovery in early 2024, supported by potential economic growth and easing financial conditions.

The price trend for monochloroacetic acid in China for Q4 2023, reached 557 USD/MT in December. The prices showed mixed trends, with initially rising due to limited supply and production disruptions. However, weak demand from key sectors and seasonal factors, such as destocking before the year-end, caused prices to decline later. Overall, market conditions were influenced by fluctuating supply and a slow recovery in demand.

The price trend for monochloroacetic acid in Germany for Q4 2023, reached 1036 USD/MT in December. The prices dropped notably due to declining raw material costs and lackluster demand. Factors such as subdued economic activity, reduced gas demand, and weak downstream industries contributed to the bearish market sentiment. Despite the challenging conditions, material availability remained ample to meet the needs of the domestic market.

Regional Coverage

The report provides a detailed analysis of the monochloroacetic acid market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the monochloroacetic acid price trend.

Global Monochloroacetic Acid Price

The report offers a holistic view of the global monochloroacetic acid pricing trends in the form of monochloroacetic acid price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights the current price but also provides insights into monochloroacetic acid historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into monochloroacetic acid price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed monochloroacetic acid demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Monochloroacetic Acid Price

Q3 2024:

During the third quarter of 2024, the market faced a downward pricing trend, driven by multiple trends. Lesser procurement activities toward September, and reduced demand for monochloroacetic acid from industries, such as pharmaceuticals, represent a significant role in suppressing prices. Additionally, steady feedstock costs as well as an ample supply of materials further led to the bearish industry environment. Consumer confidence also waned during the quarter, which kept downstream demand relatively weak. The Netherlands experienced highly pronounced price fluctuations, with a consistent fall observed across the period. The contrast among the quarter’s halves underscored the continuation of this downward trajectory, reflecting a challenging pricing landscape across the region.

Q2 2024:

During Q2 2024, the European Monochloroacetic Acid (MCA) market exhibited contrasting trends, with bullish conditions in the first half giving way to bearish sentiments in the latter. Early in the quarter, strong demand from the food and pharmaceutical industries supported prices, alongside firm feedstock costs. However, the second half witnessed a notable downturn as oversupply and weakening demand across pharmaceuticals, personal care, and agrochemical industries took their toll. Persistent inflation and reduced consumer purchasing power further suppressed market activity. Declining manufacturing costs, supported by low natural gas prices and stable feedstock costs, added to the price decline. Compounded by disruptions in global trade and high freight costs, the market environment reflected subdued sentiment across the region.

Q1 2024:

The European Monochloroacetic Acid (MCA) market exhibited combined trends in Q1 2024, influenced by fluctuating costs and shifting demand. Early in the quarter, rising feedstock and energy prices, coupled with scaled-back production during the off-season, led to a steady price increase. Manufacturers took this time for maintenance, causing a limited supply of finished goods. The cost of feedstocks such as acetic anhydride and acetic acid, along with high Brent Crude costs driven by OPEC+ cuts, further inflated production costs. The demand for MCA from surfactants and agrochemicals supported domestic prices, while unexpectedly strong overseas demand boosted German exports, particularly to China and Europe. Nevertheless, by March, prices declined as lower feedstock costs and reduced agrochemical inquiries, coupled with average overseas activity, pressured the market. Sufficient supply despite low production rates added to the bearish trend.

Q4 2023:

During Q4 2023, monochloroacetic acid prices in Germany fell due to lower raw material costs and weak demand. The prices of feedstocks like acetic acid and acetic anhydride dropped, leading to cheaper production for manufacturers. The overall sluggishness in the energy-intensive sectors, compounded by mild winter weather that reduced gas demand, further contributed to the price decline. Additionally, the subdued demand from downstream industries, such as agrochemicals and surfactants, created a challenging environment for market players, limiting new orders and fueling negative market sentiments. Moreover, economic strains, including tighter financing and ongoing inflation, have kept manufacturing activities muted, maintaining sufficient availability of monochloroacetic acid despite reduced consumption.

This analysis can be extended to include detailed monochloroacetic acid price information for a comprehensive list of countries.

North America Monochloroacetic Acid Price

Q3 2024:

The market in North America displayed fluctuating price trends during the third quarter of 2024 due to varying market dynamics. An initial price surge stemmed from heightened trading activity at the quarter's start, though this momentum was short-lived. The demand from key downstream industries, particularly pharmaceuticals and textiles, remained weak, dampening overall market performance. The construction sector also contributed to the decline, as reduced expenditure and lower consumer confidence curtailed consumption. These factors collectively led to a challenging market environment. The pricing variations throughout the quarter underscored the market's volatility, with a marked decline in the latter half, reflecting subdued demand and weakened economic sentiment.

Q2 2024:

During the initial half of Q2 2024, Monochloroacetic Acid (MCA) prices in North America witnessed an initial rise due to increased stocking activity and limited supply. Traders leveraged this shortage to offer inventory at premium rates, driving up prices. However, the rest of Q2 experienced a noticeable fall in pricing as market conditions shifted. By the second quarter, the monochloroacetic acid market faced persistent downward pressure due to weak demand for monochloroacetic acid from key industries, including surfactants, pharmaceuticals, and agrochemicals. Ample inventories controlled by local producers, coupled with a surge in imports from Asia and Europe, intensified the oversupply situation. The declining cost of raw materials further enabled price reductions, intensifying the bearish market trend across the region.

Q1 2024:

The North American Monochloroacetic Acid (MCA) market experienced fluctuating price trends in Q1 2024. Initially, prices dropped across the United States owing to moderate demand from downstream sectors such as surfactants and agrochemicals. Seasonal factors further dampened end-user consumption, exerting downward pressure on the market. Nonetheless, the mid-quarter saw a rebound as tight supply and sufficient feedstock cost support for acetic anhydride and acetic acid led to strong market sentiment. Crude oil prices, driven higher by OPEC+ manufacturing limits and logistical challenges, contributed to increased manufacturing costs, supporting a temporary price rise. Toward quarter-end, prices softened again as demand weakened domestically and internationally, while ample inventories and lower feedstock costs pressured the market.

Q4 2023:

Throughout the Q4 2023, monochloroacetic acid prices in the US have been on a downward trend, driven by reduced costs for feedstock like acetic acid and acetic anhydride. The lower production costs have contributed to a generally bearish market outlook. Additionally, subdued demand from the agrochemical and surfactant sectors, exacerbated by seasonal slowdowns and the year-end holidays, led to restrained inventory replenishment. Even though manufacturing operations continued at a low pace, industry participants were hopeful for a demand rebound in early 2024. Moreover, the economic indicators suggested a potential boost, with anticipated policy shifts by the U.S. central bank expected to lower borrowing costs, fostering growth in end-use sectors.

Specific monochloroacetic acid historical data within the United States and Canada can also be provided.

Middle East and Africa Monochloroacetic Acid Price

The report explores the monochloroacetic acid pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on monochloroacetic acid prices for countries can also be provided.

Asia Pacific Monochloroacetic Acid Price

Q3 2024:

The market in the Asia Pacific region witnessed an upward price trend during Q3 2024, driven by multiple factors. Increased industrial projects in sectors such as pharmaceuticals, chemicals, and agrochemicals bolstered demand, while supply challenges further supported the price surge. Operational disruptions at manufacturing facilities, combined with rising import costs, tightened supply, amplifying the market's bullish momentum. Consumer sentiment remained optimistic during the quarter, fostering stronger downstream inquiries and sustained market activity. Among the APAC countries, China faced the most notable price shifts, with constrained supply and rising demand contributing to the increases. This positive pricing trajectory marked a reversal from earlier declines, showcasing the region’s strengthening market fundamentals.

Q2 2024:

The MCA prices in Asia Pacific rose during the initial half of Q2 2024 due to strong costs established from acetic acid feedstock and a supply shortage that pushed traders to charge extra tariffs for existing supplies. Nevertheless, the other half of Q2 faced a reversal, with a constant price decline due to weakening demand for monochloroacetic acid from key industries such as pharmaceuticals and agrochemicals. Despite reduced consumption, manufacturing rates remained high, resulting in an oversupplied market. Low feedstock costs for chlorine and acetic acid further pressured prices, while manufacturers resorted to aggressive discounts to clear excess inventory. The overall pricing environment in Q2 2024 remained bearish, reflecting subdued market dynamics across the region.

Q1 2024:

The Monochloroacetic Acid (MCA) market in the Asia Pacific faced price fluctuations during Q1 2024, driven by varying market dynamics. Initially, Chinese manufacturers witnessed a price surge as inventory replenishment before the Lunar New Year boosted market activity. The demand from surfactant and agrochemical industries also showed modest improvements, supporting local prices. However, constrained operating costs limited production, leading to tight supply and manufacturers adjusting prices to protect margins. By quarter-end, prices dropped due to lower feedstock costs for acetic anhydride and acetic acid, decreasing manufacturing expenses. While domestic demand remained steady, overseas inquiries softened amid global economic challenges. Sufficient inventory levels further pressured prices despite expectations of stronger downstream demand during the next quarter.

Q4 2023:

Monochloroacetic acid prices in Asia displayed mixed movements in Q4 2023, particularly in China. Early in the quarter, narrowed availability of feedstock like acetic acid, combined with a production halt, resulted in reduced supply and slight price hikes. However, sluggish demand from downstream sectors, including dyes and surfactants, and cautious market behavior before major holidays, tempered any significant price increases. By the quarter's end, the market faced challenges such as increasing supply and seasonal destocking, along with subdued demand from both domestic and international markets. Consequently, prices gradually softened, reflecting the ongoing adjustments in production rates and the slow recovery of demand in key industries.

This monochloroacetic acid price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Monochloroacetic Acid Price

The analysis of monochloroacetic acid prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Monochloroacetic Acid Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Monochloroacetic Acid Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of monochloroacetic acid pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of monochloroacetic acid at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of monochloroacetic acid price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing monochloroacetic acid price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Monochloroacetic Acid Market Analysis

The global monochloroacetic acid market size reached US$ 921.1 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1255.4 Million, at a projected CAGR of 3.40% during 2023-2032.

• The expanding pharmaceutical and agrochemical industries, where MCA is used extensively to produce vital intermediates.
• The shifting trend towards more sustainable and environmentally friendly manufacturing processes is influencing market trends.
• Companies are increasingly investing in greener production techniques and exploring bio-based alternatives to traditional petrochemical-derived MCA, aiming to reduce environmental impact and meet regulatory standards.
• Continual technological advancements in production processes are enhancing the efficiency and purity of MCA, thus expanding its applications and market reach.
• The growing awareness among industries about the efficiency gains from high-quality intermediates like MCA is also contributing to the market expansion.
• Economic development in regions like Asia-Pacific, particularly China and India, is driving demand for consumer goods, agriculture, and pharmaceuticals, sectors heavily reliant on MCA.
• The increasing use of specialty chemicals across various sectors, including textiles and adhesives, drives demand for MCA as it is pivotal in synthesizing these chemicals.
• Investment in R&D activities by major chemical companies to develop new applications and improve the efficiency and environmental impact of MCA production processes.
• The rising importance of sustainable water treatment solutions globally increases the demand for MCA, which is used in the production of water treatment chemicals.
• As the textile and dye industries expand, particularly in emerging markets, the need for MCA for dye fixing and textile processing chemicals continues to grow.
• The rising integration of the Internet of Things (IoT) and automation technologies in chemical manufacturing plants can improve the precision and efficiency of MCA production.
• Strategic partnerships and collaborations between MCA producers and end-user industries can facilitate tailored solutions that meet specific industry needs, enhancing product application and market penetration.
• The growing consumer trend towards specialized and customized products in sectors like cosmetics and personal care, where MCA derivatives are used as ingredients.
• In several regions, governments are offering incentives for the chemical manufacturing sector to promote the domestic production capabilities, as these incentives can reduce operational costs for MCA producers, enhancing their growth and expansion potential.

Monochloroacetic Acid News

The report covers the latest developments, updates, and trends impacting the global monochloroacetic acid market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in monochloroacetic acid production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the monochloroacetic acid price trend.

Latest developments in the monochloroacetic acid industry:

• On March 15, 2024, AkzoNobel is investing over $30 million to upgrade technology and expand capacity at its powder coatings sites in North America. This includes new extruders and bonding processes at facilities in Reading, Pennsylvania; Warsaw, Indiana; Nashville, Tennessee; and Monterrey, Mexico, enhancing production efficiency and application capabilities. These improvements are part of AkzoNobel's global strategy, following similar investments in Italy and Vietnam, aimed at providing a boost to its powder coatings growth and sustainability performance worldwide.
• On April 17, 2024, Extreme Coatings is expanding its wear-resistant coating solutions for the plastics and rubber industry, emphasizing increased efficiency and uptime for processors. Highlighting recent advancements at NPE 2024, the company offers CarbideX PROLINE™ with advanced thermal spray technology for hard, dense coatings that enhance machinery life and performance, significantly reducing downtime.
• On February 14, 2024, Mitsubishi Chemical Group announced that its bioengineered plastic, DURABIO™, is being used in the handle of Sunstar Group’s Ora2 Premium Smooth Fit Toothbrush, the first toothbrush with biomass plastic mark certification in Japan, launching nationwide on February 14, 2024. This marks the first application of DURABIO™ in a toothbrush.

Product Description

Monochloroacetic acid (MCA) is a white crystalline compound with a very distinctive smell that is widely applied as a key intermediate organic synthesis reagent. It is mainly produced by the chlorination of acetic acid in the red phosphorus presence. This gives the chlorine atom the substitution for the hydrogen atom in acetic acid.

The MCA is valued for its versatility and efficiency in catalyzing reactions in organic synthesis that are widely applied in various industries. The advantages of using MCA include its efficiency for synthesizing more complex chemicals and its ability to improve the characteristics of products (e.g., improving the thickening and flow properties of cosmetics and detergents).

Its uses are manifold, starting from the production of thickening substances, stabilizers, and herbicides to being a vital ingredient in the drug industry for the manufacture of vitamins and other active compounds.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of monochloroacetic acid pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting monochloroacetic acid price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The monochloroacetic acid price charts ensure our clients remain at the forefront of the industry.