Diacetone Alcohol Prices, Pricing, Demand & Supply
North America Diacetone Alcohol (DAA) prices in the North American market exhibited an initial increase of approximately 8% during the first two months of the fourth quarter, followed by stability in December 2023. Demand conditions within the Diacetone Alcohol market remained largely subdued, mirroring the moderate performance of the construction sector. In the United States, the DAA market continued to be influenced by escalating production costs, driven by a notable increase of more than 50% in feedstock Acetone prices throughout the fourth quarter. Regarding demand dynamics, the primary demand from the paint and coating sector within the construction industry remained subdued, despite the automotive sector displaying robust demand, evidenced by a 13% increase in automotive sales. Demand from the importing Mexican market also remained healthy, as the construction industry in Mexico sustained positive performance, with expectations of increased nearshoring activities in 2024. Th...