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Methenamine

Methenamine Price Trend and Forecast

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Market Overview

For the Quarter Ending Quarter March 2022

North America

High inflationary pressure has been a major concern for North American players since January 2022. Demand fundamentals for the product remained stable to firm, as the economic activities maintained overall firmness throughout the quarter. Since the Russia Ukraine war escalated, US and other major economies took harsh decisions on Russia, making it harder for the country to trade worldwide. These decisions affected global market dynamics and made several things expensive due to fuming raw material cost. Thus, under the influence of high raw material cost, Methenamine price rose consistently and stood around USD 1310/MT during February 2022 in the USA.

Asia Pacific

Mixed sentiments for Methenamine were observed in Asian market during Q1 2022. In the Chinese domestic market, the prices of Methenamine continued to rally upwards during the last two month of the quarter as the discussion for CIF was assessed at USD 995 per MT in the mid of February. These price hikes were supported by the regional rise in prices of upstream Ammonia, followed by the rising natural gas prices along with soaring container fees and sanctions against Belarus. The increased energy prices, along with the disrupted supply of raw materials and high logistical costs, were other factors that have contributed to the surge in Methenamine prices across Asia. As the markets in China were slowly gaining momentum after the Spring Festival holidays, the prices were expected to increase further in March, which was disrupted by sudden rise of another wave of the pandemic in the country.

Europe

The prices of Methenamine continued to hop upwards in Europe consecutively for the second week of February on the back of the spike in the feedstock prices. After witnessing a hike of 1.9%, the discussions for FOB Russia for Methenamine culminated at USD 938 per MT during the mid of February. The skyrocketing upstream Ammonia prices followed by high costs of Natural gas has exacerbated the price trend of Methenamine in the Russian domestic market. Country’s market sentiments were depressed under the influence of ongoing war, demand fundamentals for the product were stable across domestic market. Furthermore, taking pressure from hefty sanctions imposed by key economies, Hexamethylene Tetramine price maintained an over stability due to trade disturbance. Furthermore, Ruble has been falling consistently against the USD since the beginning of the war, which affected trade dynamics of the country.

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Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Methenamine is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

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Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

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Company Profile

Basic details and information on financial performance of leading global players in the Methenamine market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

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Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Methenamine manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Methenamine market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behaviour of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Methenamine market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Methenamine are analyzed and region-wise demand pattern is tracked.

About

Methenamine, which is also known as Hexamethylenetetramine is a water soluble white crystalline solid having boiling point of around 280 degrees Celsius. It’s an antibiotic used to treat urinary infection, and to prevent recurrence of chronic infection. Urinary track infection is of the most common disease these days, especially in elders, which is making its market growth more prominent. Some of the global key players for Hexamethylenetetramine are Linze Chemical, Shengxuelong Chemical, Xiangrui Chemical, MGC, Guangzhou Hanpu Pharmaceutical etc. Methenamine can be produced by treating Formaldehyde solution with excess Ammonia, which later dried by evaporating it. However, it can also be produced by treating aq formaldehyde with gaseous ammonia.

Product Specific Details

CAS No:	100-97-0
HS Code:	292122
Grade:	Pharma
Contract Size:	32 MT
Packaging Type:	Drum

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Incoterms: FOB/CFR/CIF/Ex-Works/ Ex-Location\

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. United Kingdom (UK)

. Russia

. Japan

. South Korea

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. United Arab Emirates (UAE)

. Taiwan

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. Turkey

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. South Africa

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Methenamine Price Trend and Forecast

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