Price trend
According to data from the SunSirs Commodity Market Analysis System, as of March 30, the average quoted price for premium-grade DMF from domestic manufacturers stood at 5,500 RMB/ton. Market prices for DMF have recently experienced a narrow upward trend, with the market operating within a tight range and displaying a slight bullish bias.
Influencing Factors
Market Overview: In the upstream methanol market, prices were temporarily trending firm; however, upside potential was limited, offering only modest cost support to DMF. Dimethylamine supply was highly concentrated—produced primarily by major enterprises such as Hualu Hengsheng and Luxi Chemical—resulting in a high degree of industry consolidation and relatively stable pricing. Consequently, the supply within the DMF market remains steady.
Demand Side: Currently, downstream demand in the DMF market is moderate. Although its share of total consumption has declined, it remains the primary driver; historically, it long accounted for half of all DMF consumption—peaking at 59% in 2021—though this figure had dropped to approximately 42% by 2025. Pharmaceutical and Pesticide Intermediates: Characterized by rigid demand and steady growth. As a crucial solvent in organic reactions, DMF plays an irreplaceable role in the synthesis of antibiotics, anti-tumor drugs, and pesticides. By 2025, the consumption share within this sector is projected to rise to 28%; furthermore, demand for high-purity (pharmaceutical- grade) products continues to climb, while the pace of domestic substitution accelerates. Electronic Chemicals: The primary growth engine, boasting an average annual growth rate as high as 18.5%.
Market Outlook
According to the analysts at SunSirs, the DMF market is primarily trending strong; however, upside potential is limited, and the market as a whole remains in a state of supply-demand equilibrium.
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