Mid-June xxxx, the Asian Dimethylformamide (DMF) market is exhibiting contradictory regional trends due to a combination of ongoing port congestion, uneven downstream demand recovery, and feedstock price instability. The mood of the DMF market is cautious in major centres of manufacturing and consumption, such as China and India.
Customers, particularly in downstream industries like textiles, synthetic leather and medicines, are hesitant to hoard DMF inventory when demand predictions are uncertain. Seasonal slowdown and logistical delays are playing a bigger role in determining the regional short-term supply-demand balances as DMF feedstock dynamics increasingly determine price direction.
DMF prices fell to USD xxx/tonne in China, despite a little increase in the price of feedstocks particularly carbon monoxide and dimethylamine. This negative pressure is a result of ongoing slowdown in downstream industries like textiles, adhesives and resins where procurement activity has stayed...
