In the Asian market, Dimethyl Amine (DMA) prices experienced a notable decline by last week of August. The decrease in the DMA price is primarily due to reduced output from manufacturers in response to lower downstream demand, as ample inventories were available. The feedstock market remained stable, offering no significant price shifts, which tempered DMA pricing dynamics in the region. Meanwhile, supply chain disruptions across European routes led to rising freight costs, prompting suppliers to slightly increase their export quotations to address supply-demand imbalances. These combined factors have collectively impacted DMA pricing on a global scale, reflecting the delicate balance between stable feedstock costs, fluctuating demand, and logistical challenges.
In the German market, DMA prices have continued to rise this week to xxxx USD/MT FOB-Hamburg, influenced by several key factors. Despite stable Ammonia prices, Methanol, a crucial feedstock, saw a x.xx increase in last x weeks. BASF,...
