In the global market the price of the Dimethylformamide (DMF) witnessed a stability as of xst week of August. This stability in the DMF price is majorly due to the balanced supply demand ratio between the market participants in the inventories management. With respect to the current demand from the downstream Pharma, Agrochemical and the other chemical sector market the suppliers have maintained their exquotation price due to which the price witnessed no major change in the respective period. These factors have majorly resulted into influencing the DMF demand in the global market.
In the Chinese market, the price of DMF remained stable at xxx USD/MT FOB-Nanjing this week. This stability in the DMF price, amidst a generally downward trend, is primarily due to the current destocking of inventories, which has helped balance supply and demand. According to Statistics China, exports of amides derivative salts reached x,xxx.xxx...
