Will Rising Feedstock Costs and Post-Monsoon Demand Recovery Push India's DMAPA Prices Higher in August?

India&#**;s dimethylaminopropylamine (DMAPA) prices declined *.*** in July ****, registering a modest but telling correction as subdued downstream demand from polyurethane, paints and coatings, surfactant, and personal care sectors maintained downward pricing pressure during a seasonally soft procurement period — even as feedstock cost developments and import availability presented a mixed picture that limited the scale of the monthly price decline.

The current price trend of DMAPA is affected by movements in the prices of feedstocks dimethylamine and acrylonitrile, with dimethylamine prices showing notable sensitivity to methanol and ammonia input costs while acrylonitrile reflects propylene and ammonia market dynamics. In July ****, the re-escalation of US-Iran hostilities on July * elevated propylene and acrylonitrile upstream costs through the crude oil price transmission channel, introducing modest feedstock cost inflation that partially offset the bearish demand-side pressure — explaining the measured *.*** decline for DMAPA rather...