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China’s DMF market shifted from July’s subdued conditions to a firm upward trend throughout August ****. Rising feedstock costs, lower operating rates and selective downstream restocking pushed DMF offers higher, particularly toward month-end. In the final week, DMF prices climbed *.***, from $***.**/MT to $***.**/MT, according to ChemAnalyst data.
Early August trading was balanced, but sentiment strengthened as footwear and sports-apparel manufacturers replenished inventories. Battery-sector solvent demand also provided support, while pharmaceutical-intermediate consumption remained stable. However, buyers in polyurethane slurry and synthetic-leather applications stayed cautious because of seasonal weakness, limiting the market’s broader upside.
Feedstock movements were the strongest bullish factor for DMF. Dimethylamine prices increased *.*** in the final week, rising from $***.**/MT to $***.**/MT. The increase raised marginal production costs and encouraged producers to maintain firmer DMF offers. Methanol prices also showed periods of strength,...
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