In the global market, the price of Dimethyl Amine (DMA) remained stable in the first half of May. This stability in the DMA is mainly due to the unchanged demand and supply ratio from suppliers. In the feedstock market, Methanol prices have remained stable, while Ammonia prices have continued to decline. The downstream market is experiencing lower demand and sales, resulting in no significant changes in the inventories accumulation during this period. Together, these elements have played a role in maintaining the stability of DMA prices worldwide.
In the US market, DMA prices stabilized in the first half of May. Methanol contract sizes experienced a notable increase of x.xxx, while Ammonia prices saw a x.xxx rise in the feedstock market by the end of April. Despite these increases, the US chemical sector has yet to fully recover. Major producers such as Eastman, Huntsman, Exxon Mobil, and BASF...
