As of the last week of October, the global market price of Dimethylamine (DMA) saw a notable increase. This rise in the DMA price is primarily attributed to strengthened demand from downstream markets, alongside significant upturns in feedstock costs, particularly Ammonia and Methanol. Suppliers are facing an imbalance in the supply-demand ratio, resulting in a marginal upward adjustment in DMA prices. This supply deficit, combined with heightened raw material prices, continues to exert upward pressure, supporting the recent price gains in the DMA market.
In China, DMA prices showed a marginal rise, now positioned at xxx USD/MT FOB-Dalian, following a period of consecutive price reductions. This slight uptrend in the DMA price aligns with suppliers gradually increasing inventory levels coupled with the increase in the price of the feedstock, majorly Ammonia and Methanol. Over the past two weeks, the price of Ammonia witnessed a notable increase of...
