In the Asian market, the price of Dimethyl Amine (DMA) witnessed a notable decrease as of the last week of July. This decline in the DMA price is primarily attributed to lower demand from the downstream market. Despite this decreased demand, suppliers have maintained sufficient inventory levels, resulting in no major bidding activity during this period. Consequently, the ample supply and reduced demand have driven down the price of DMA in the Asian market. This trend highlights the sensitivity of DMA pricing to fluctuations in market demand and inventory management practices among suppliers.
In the Chinese market, the price of DMA has decreased by x.xx, settling at xxx USD/MT FOB-Dalian. This downward trend is closely linked to feedstock market dynamics. The price of ammonia has been on a continuous decline due to short buildup activities by traders. Shandong Shuntian&#xx;s liquid ammonia plant is operating normally,...
