Home
Chemical Prices
Dimethylformamide

Dimethylformamide Prices Overview

Get Real Time Prices

Market Overview

Quarterly Update on Global Dimethylformamide (DMF) Market

For the Quarter Ending December 2020

Asia

In Q4 2020, the demand for Dimethylformamide (DMF) surged due to revival in consumption of DMF from agrochemical sector. Several Asian countries including India began to import DMF to fulfill the growing demand from downstream pharmaceutical and agrochemical sectors after the ease in restriction by the government. Jiangshan in China imposed a temporary turnaround in its DMF production unit during the first of Q4 to assimilate its existing inventory. The demand-supply equilibrium of the region dwindled in countries like China and South Korea, as the manufacturers’ inventories depleted in the second half of Q4, resulting in the substantial hike in prices of DMF. Consequently, DMF prices averaged around USD 1570 per MT in Southeast Asia during Q4 2020.

Europe

In the fourth quarter of 2020, Dimethylformamide prices maintained a constant uptrend, due to tight supply with improvement in its domestic as well as export offtakes. Followed by the surge in upstream prices, DMF prices witnessed multifold increment on contract prices. However, several unplanned and planned maintenance shutdowns, kept the DMF supply snug throughout the quarter in the European region. In Q4, regional manufacturers experienced rich market fundamentals despite looming uncertainties, caused by the second lockdown imposed at several part in the region under the fears of new strains of Coronavirus.

North America

Supply of Dimethyl Formamide were constrained in the Q4, due to the outbreak of several Hurricane in the US gulf region, which caused temporary disruptions in the US’ power supply. Eastman Chemicals, one of the largest producers of DMF reported a decline in Dimethyl Formamide production due to disruptions in the power supply caused during the Hurricane season. Many other manufacturing facilities were heard announcing temporary turnarounds at their production units, exacerbating the supply constraints. Some units were not able to resume production until the end of February thus creating a significant demand-supply gap, which consequently affected the prices of DMF and its downstream derivatives in the regional market.

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Dimethylformamide is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Learn More

Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

Learn More

Company Profile

Basic details and information on financial performance of leading global players in the Dimethylformamide market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Learn More

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Dimethylformamide manufacturers, spread across the domestic and international markets, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of the company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global Dimethylformamide market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global Dimethylformamide market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for Dimethylformamide are analyzed and region-wise demand pattern is tracked.

About

Dimethylformamide (DMF) is an organic is an odorless, transparent fluid with tendency to be miscible in water and other organic solvents. It is mainly utilized in the manufacturing of Acrylic filaments, plastic, synthetic leathers, films, and surface coatings. DMF is manufactured by synthesizing the Dimethylamine with Carbon Monoxide in a specialized reactor in the presence of a catalyst at low temperature and pressure. In the final step, crude DMF is separated from the catalyst and is then subjected to refining. The major key players in DMF global market are Eastman, Qingdao Hiseachem, Triveni Chemicals, BASF, Salex, BASF-YPC, A&K Petrochem, Avantor, Zhejiang, Jiangshan etc.

Track real-time price movement of 250+ chemical and petrochemical products for informed purchase decisions

Dimethylformamide Prices Overview