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Stability in Dimethylacetamide Market Prices in China Amid Adverse Weather and Economic Challenges

Stability in Dimethylacetamide Market Prices in China Amid Adverse Weather and Economic Challenges

Harold Finch 01-Jul-2024

Nanjing, China: The Dimethylacetamide market in China remains stable at a lower end this week affected by the adverse weather conditions impacting market sentiments. Torrential rains and heavy flooding have led authorities to warn of further flooding in other parts of the country. This situation has negatively affected the downstream construction sector, causing a decline in demand for Dimethylacetamide. Nonetheless, the Dimethylacetamide market has maintained stability due to the availability of sufficient stocks to meet the reduced demand.

In China, the Dimethylacetamide market is maintaining the stability in their trend at USD xxxx/MT (FOB-Nanjing), during the week ending on xxth June xxxx. Amid the disruptions in the market sentiments, the suppliers are hesitant to change their Dimethylacetamide quotations for local as well as international markets, hence they are continuing with their previous Dimethylacetamide quotations. Furthermore, foreign sales continued to expand but the growth rate was the lowest...

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