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China**;s dimethylformamide (DMF) market moved from a broadly bullish April into a late-month pullback, as robust end-use demand met intermittent supply frictions before easing in the final days. Early April saw firmer upstream dynamics and targeted buying from pharmaceutical and textile supply chains. By late April, however, DMF market players scaled back some short-term bids and speculative activity cooled, leaving sentiment steady-to-firmer overall but with a short-lived weekly correction in the closing week.
DMF Sector demand remained the primary price driver through April, with pharmaceuticals and agro-pharma providing the strongest pull as DMF continued to serve essential roles in antibiotics, anti-tumor drug and pesticide-intermediate production. That rigid demand underpinned a notable month-on-month rise, our analysts calculate a **.** increase from the prior month, moving DMF to $***/MT in April **** from $***/MT previously.
Upstream feedstock pressure was central to DMF pricing dynamics. Tighter...
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