Texas, (US): During the first half of September xxxx, Dimethyl Sulphate (DMS) prices have witnessed a persistent uptrend across the North American and Asian markets. The double whammy of supply shortages coupled with high upstream costs has continuously encouraged sellers to test DMS markets with a series of price hikes. Demand for DMS from the downstream derivative industry has been stagnant during this time frame. In the near term, players across the region are questioning the sustainability of these price increases in September and October, amidst opposing factors: persistent supply issues and shipping disruptions on one side, and stable to low demand on the other.
Prices of DMS have been firm in the US market since August xxxx, supported by tight supplies stemming from cracker outages and reduced run rates at several facilities. Demand for DMS from the downstream agrochemical, surfactant, and water treatment sectors has...
