DMA Prices Dip in India and stabilized in China Mid-May Amid Oversupply and Market Uncertainty
- 28-May-2025 3:30 PM
- Journalist: Robert Hume
Dimethylamine (DMA) prices have seen a downward trend in the Indian market while stable in China in mid-May, as the broader amines market faces fluctuations. The oversupply of methylamines in India, coupled with weak agrochemical demand, has exerted downward pressure on DMA prices. Although there is still steady demand from key sectors, the overall market sentiment has been affected by the supply-demand imbalance in the methylamine segment. Moreover, logistical challenges and fluctuating feedstock prices, including methanol and ammonia, have contributed to the reduction in DMA prices as suppliers adjust to shifting market conditions. Additionally, the balanced inventories management and the adequate feedstock availabilities in the Chinese market led to the unchanged DMA price in the respective period.
The DMA market in India has been going through a rough patch lately, with supply outstripping demand and dragging prices down. According to Alkyl Amine, both ethyl and methyl chains are being influenced by the ongoing demand-supply imbalance. In particular, the situation in the methylamine segment is contributing to downward price pressure. The domestic oversupply of methylamines in India, combined with weaker agrochemical demand and logistical issues hindering imports from China, had significantly affected DMA prices. The import of some derivatives and finished agrochemical products has put moderate pressure on DMA prices. Suppliers are expecting prices to stabilize soon, with a chance of an uptick as the market adjusts. How things unfold will depend on whether demand picks up and external factors like raw material costs ease. For now, businesses are watching trends closely, hoping for more balanced conditions in the months ahead.
DMA prices in China held steady in mid-May 2025. Suppliers kept their prices unchanged, as there wasn’t much movement in production costs. The restart of major ammonia plants ensured a steady supply of feedstocks, helping to keep production costs stable. Although methanol prices ticked up slightly, it wasn’t enough to have a big impact on overall costs. With downstream demand remaining cautious, suppliers didn’t feel the need to adjust prices. Despite concerns about oversupply in the wider methylamines market, producers stuck with stable DMA pricing, thanks to manageable inventories and healthy production margins.
As per the ChemAnalyst’s anticipation the price of the DMA is expected to showcase soft to stable sentiments with minor price fluctuations in the upcoming sessions. This projection of is majorly attributed to the fluctuating feedstock price and the pricing pressure from the Chinese market is expected to impact the challenges in the DMA market.