Methylene Dichloride Price | Prices | Pricing | News | Database | Chart
North America In Q2 2024, the North American Methylene Dichloride (MDC) market faced considerable downward pressure, leading to a sharp decline in prices. Several key factors drove this trend. A surplus of MDC, fueled by increased production at major manufacturing plants, played a pivotal role in depressing prices. This abundant supply was met with sluggish demand, especially from the downstream solvent sector, including paint and coatings. Additionally, uncompetitive export supply limited any potential for price recovery. The USA, in particular, experienced the most significant price declines. The anticipated seasonal recovery in demand failed to offset high inventory levels and weak market activity. Compared to the same quarter in 2023, MDC prices in the USA dropped by 38%, and by 17% from Q1 2024. A 15% decline in the first and second halves of the quarter underscores the consistent downward trend. By the end of Q2, prices stabilized but remained in a predominantly negative en...