As of the last week of November, the price of Dimethylamine (DMA) in the Asian market saw a notable decrease. The lack of proactive stock adjustments amidst fluctuating supply-demand dynamics allowed excess stock to accumulate, leading to downward price pressure in the DMA price in the asian market.
As of November ending, DMA prices in the Indian market decreased to xx,xxx INR/MT Ex-Solapur. On the manufacturer front, Alkyl Amine reported volume growth of around xx to xxx for Hx FYxx, with Qx FYxx showing a notable xxx year-on-year increase. The company anticipates exceeding xxx volume growth for FYxx. Although India&#xx;s manufacturing sector showed improvement with a rise in PMI, business confidence declined. Despite temporary fluctuations in supply-demand dynamics, the market remains tight due to pressure from the Chinese market. Despite ongoing production cost and supply chain issues, the overall pricing remains consolidated due to a balanced...
