In the global market, Dimethylamine (DMA) prices experienced a marginal increase as of mid-September. This uptick in the DMA price is primarily driven by rising feedstock costs, particularly Ammonia and Methanol. Additionally, proactive supplier actions, including effective inventory management in response to ongoing demand, have played a significant role in supporting the price increase. As suppliers adjust their stock levels to align with market conditions, this combined influence of higher raw material costs and strategic inventory control has contributed to the observed price movement in the DMA market globally.
In the US market, the price of DMA reached x,xxx USD/MT DEL-USGC, marking a marginal x.xx increase over the past two weeks of September. Ammonia prices surged by x.xx, driven by long buildup activities from market participants. This rise in ammonia prices coincided with increasing natural gas costs due to supply disruptions caused by Hurricane Francine, which significantly...
