In July 2025, U.S. Mono-Isopropylamine (MIPA) prices softened slightly amid steady domestic production and ample inventories. While overall offtake remained stable, it did not grow significantly, sustaining a bearish market tone. Agrochemical demand, driven by glyphosate blending in South America and summer U.S. weeding programs, remained robust. Looking ahead to August 2025, MIPA supply is expected to stay stable, supported by consistent plant operations and manageable feedstock costs, including natural gas. Demand is anticipated to be steady to slightly above average, particularly in herbicide and nematicide formulations, with export-driven agrochemical production linked to biotechnology traits offering modest additional support. Prices are likely to remain balanced.
Mono-Isopropylamine (MIPA) prices in July 2025 softened modestly, mirroring stable domestic production and relatively high inventories. While total consumption was unchanged, the offtake failed to grow appreciably, adding to a largely bearish market tone. Producers kept hands-on operating rates in check, keeping supply levels adequate to cover current demand without provoking shortfalls. In the agrochemical industry, MIPA demand was strong during the period, led by blending demand for glyphosate during South America's high agricultural season and summer weeding programs in the U.S. farmland. Even with consistent consumption, the oversupply slightly exceeded demand, supporting the bearish tone through the end of July 2025.
Looking forward to August 2025, the U.S. MIPA market is predicted to be mostly steady, with purely moderate price volatility expected. Supply of MIPA is projected to remain steady with base operations at local chemical manufacturing plants. The availability of feedstocks, especially natural gas, remains critical for production planning. September natural gas futures rebounded somewhat from mid-week lows based on a mixed weather forecast, with warmer temperatures anticipated in the western United States and cooler trends in the East. This mixed situation should cap sharp changes in production levels, aiding to keep steady MIPA production at major plants. There may be minor regional differences in supply based on localized energy expense and operating flexibility at specific plants, but in general, domestic MIPA supply is going to be sufficient to cover both domestic and export obligations.
On the demand side, MIPA use during August 2025 is anticipated to be steady to slightly above average. Agricultural chemical formulation remains the main driver, with herbicides and nematicides as the prime applications, with MIPA being an essential raw material. The recent BASF, Corteva Agriscience, and M.S. Technologies licensing agreement to commercialize the nematode-resistant soybean (NRS) trait in Brazil further underlines the growing significance of biotechnology-based crop protection products. MIPA, being a key raw material for herbicide production, is poised to register firm offtake to service domestic agrochemical use and overseas markets. With stable U.S. crop applications, increasing expansion in export-oriented agrochemical production associated with biotechnology characteristics has the potential to slightly boost demand for MIPA, with a balanced but hardy market situation.
Generally, the US MIPA market in August 2025 should still be defined by stable supply, steady but modest demand, and prices that accurately reflect the balance between the two. MIPA production underpinned by favourable feedstock situations and well-disciplined plant operations, as well as stable consumption in domestic and overseas agrochemical markets, indicates that the market should be well-supplied with no major price fluctuations.
