Dimethylformamide Pricing Assessment
UNSPC: 12352111

  • Commodity Pricing

dimethylformamide Markets Covered: 

saSaudi Arabia
cnChina
inIndia
vnVietnam
brBrazil
arArgentina

dimethylformamide Markets Covered: 

Global dimethylformamide Price Trend, Analysis and Forecast​

In Q1 2025, Dimethylformamide (DMF) prices experienced a slight reduction across major regions. In China, prices decreased by just 0.24%, reaching $665/MT. This marginal decline was primarily due to stable production levels and moderate demand, particularly from industries like paints and coatings, which had a steady but subdued consumption of DMF. In Saudi Arabia, the price drop was more significant, falling by 6.97% to $677/MT. This sharp decline was attributed to slower economic growth, reduced demand from both domestic and international markets, and an oversupply in the local market. The price drops in both regions had a ripple effect on countries such as Vietnam, Brazil, Argentina, and India, where demand from key sectors like textiles and pharmaceuticals remained weak, further driving down prices. While lower prices provided some relief in procurement costs, the continued global economic uncertainty and fragile demand put pressure on manufacturers’ profit margins, which could hinder growth in these industries moving forward. 

In Q4 2024, Dimethylformamide prices in both China and Saudi Arabia saw a decline. In China, prices fell by 1.93%, settling at $667/MT, continuing the trend of market softness. The drop in prices was a result of steady but insufficient demand coupled with stable production. This price reduction provided relief to manufacturers in industries like textiles and coatings, allowing them to benefit from lower procurement costs. In Saudi Arabia, prices dropped by 2.98%, reaching $728/MT.

The decline was mainly driven by stable demand in key sectors like pharmaceuticals and agrochemicals, but economic pressures forced price adjustments. Despite this, the availability of consistent supply ensured that manufacturers in these sectors could maintain steady production costs. The price reductions in both markets gave some relief to DMF-dependent industries, potentially driving growth and ensuring more competitive pricing for consumers. 

In Q3 2024, Dimethylformamide prices followed divergent paths across regions. In China, prices continued their downward trend, falling by 3.53% to $680/MT. The decline was primarily caused by reduced demand from downstream sectors such as chemicals, pharmaceuticals, and electronics, with global economic conditions continuing to weigh heavily on demand. Despite stable production, the ongoing weak demand from key sectors led to a continued pressure on prices.

On the other hand, Saudi Arabia experienced a slight price increase of 0.08%, bringing prices up to $750/MT. This small rise was a result of a more balanced supply-demand dynamic, with steady demand from key industries like pharmaceuticals and chemicals. Moreover, favourable feedstock pricing for dimethylamine supported this price stability. Despite global economic headwinds, Saudi Arabia’s relatively stable market conditions allowed for a slight price increase, providing some stability amid global market fluctuations. 

China and Saudi Arabia dimethylformamide price saw a decreasing trend. In China, prices dropped by 4.36%, reaching $705/MT, primarily due to reduced demand from key sectors like chemicals, pharmaceuticals, and electronics. Despite the stability in production, weaker demand led to reduced procurement costs, providing some relief to manufacturers in these industries. Conversely, in Saudi Arabia, prices increased by 2.30%, rising to $750/MT.

This rise was largely due to a well-balanced supply-demand scenario, with steady demand from industries like agrochemicals, pharmaceuticals, and chemicals. The stability in pricing allowed manufacturers to maintain consistent production costs, ensuring a reliable supply for these industries. Meanwhile, the price decline in China eased procurement pressures for manufacturers there, further aiding cost reductions for downstream industries. 

In Q1 2024, Dimethylformamide prices saw a significant drop in both China and Saudi Arabia, reflecting broader market challenges. In China, dimethylformamide prices plummeted by 8.16%, reaching $737/MT, driven by a combination of reduced demand from key sectors such as chemicals, pharmaceuticals, and electronics, along with high inventory levels and slower economic activity. Despite the production levels remaining stable, the lack of strong demand led to an extended downward trajectory for prices.

And in Saudi Arabia, dimethylformamide  prices also fell by 7.19%, settling at $733/MT. This decline was largely due to weaker demand, slower industrial activity, and a softening global market. Although the price drop reflected a weak market sentiment, the stabilization of supply and relatively stable feedstock prices for dimethylamine helped to prevent a more dramatic decrease. The price decline in both regions signalled a cautious market outlook in early 2024, with manufacturers facing continued uncertainty and pressure on margins. 

India dimethylformamide Price Trend, Analysis and Forecast

In Q1 2025, Dimethylformamide (DMF) prices in India experienced a slight decline, primarily driven by ongoing global and domestic market challenges. CIF Nhava Sheva (Saudi Arabia) prices fell by 6.66%, reaching $746/MT. This drop can be attributed to the continued weakness in global demand and the uncertainty created by economic slowdowns across key markets. Exporters faced challenges as global markets remained unstable, particularly in the wake of geopolitical tensions and shifts in international trade policies, including tariffs. Meanwhile, Ex-Mumbai prices also decreased by 1.77%, settling at $862/MT. This decline was driven by reduced demand from critical industries such as textiles and pharmaceuticals, which faced ongoing pressures like slower production rates and cost-cutting measures. Additionally, high inventory levels contributed to a lack of urgency in purchasing, further suppressing the market. Freight rates remained stable, and supply chain disruptions were minimal, contributing to the overall sense of market stagnation. 

In Q4 2024, Dimethylformamide prices in India saw a heavy decline, driven by ongoing weakness in both global and domestic markets. CIF Nhava Sheva (Saudi Arabia) prices dropped by 3.21%, falling to $800/MT. This decrease was primarily due to lower demand from end-users and reduced export activity, as global oversupply and sluggish industrial growth persisted. Exporters responded to these market conditions with aggressive destocking, which further pressured prices. Ex-Mumbai prices experienced a sharper drop of 9.47%, settling at $878/MT. This decline was largely attributed to weak domestic consumption, especially within the textiles and coatings sectors, alongside the continued oversupply in the market. Despite some improvements in shipping availability and lower feedstock costs, broader economic uncertainties, including inflation concerns and fears of recessions in major markets, kept prices under pressure. The lack of recovery in specific industries added to the bearish sentiment in the market. 

In Q3 2024, India saw a small uptick in the price of Dimethylformamide, rose by a modest rebound in global demand and improved domestic market. CIF Nhava Sheva (Saudi Arabia) prices increased by 3.16%, reaching $826/MT, driven by recovering demand in sectors such as agrochemicals and pharmaceuticals. The stabilization of these industries, alongside enhancements in global supply chain efficiency, played a role in the price hike. Ex-Mumbai prices surged by 10.91%, reaching $970/MT, as domestic consumption grew, particularly within the packaging and coatings sectors. Supply conditions also improved, with key producers increasing output and logistics becoming more streamlined. The absence of major supply chain disruptions and the emergence of more favourable market dynamics helped stabilize import costs, contributing to a more positive outlook for the Indian DMF market. 

In Q2 2024, Dimethylformamide prices in India showed mixed movements, reflecting the ongoing volatility in the market. CIF Nhava Sheva (Saudi Arabia) prices increased by 2.82%, reaching $801/MT, largely driven by higher shipping costs and a slight uptick in global demand. This price increase was partially due to the rising costs of logistics from key exporting countries like Saudi Arabia and the increased cost of feedstocks used in DMF production. However, Ex-Mumbai prices dropped by 5.94%, reaching $874/MT, primarily due to weaker domestic demand from the textiles and pharmaceutical sectors, which continued to be impacted by high inventory levels and slow manufacturing activity. The contrasting trends in the two pricing indicators reflected the overall market volatility, with some regions benefitting from higher demand and increased operational costs, while others continued to face downward pressure from weaker consumption and inventory issues. 

In Q1 2024, Dimethylformamide prices in India experienced a modest decline, as both global and domestic conditions remained soft. CIF Nhava Sheva (Saudi Arabia) prices fell by 3.49%, settling at $779/MT, due to lower global demand and rising operational costs in key production regions. Ex-Mumbai prices also saw a small decline of 0.38%, settling at $930/MT. This price reduction was driven by continued weaker domestic consumption, particularly from industries like textiles and pharmaceuticals, which were still facing challenges related to global supply chain disruptions, fluctuating raw material prices, and shifting demand patterns. Furthermore, currency fluctuations and logistical bottlenecks added to the procurement costs, further pressuring prices downward. The overall market sentiment remained cautious, with a lack of strong demand from major sectors and economic concerns continuing to weigh on both domestic and global market conditions. 

dimethylformamide Parameters Covered: 

  • Methylamine
  • Carbon Monoxide
  • China
  •  Saudi Arabia
  • Synthetic Leather and Coatings
  • Films, Fibers, and Adhesives
  • Dye and Pigment Solvents
  • Chemical Reactions
  • India
  • Brazil
  • Argentina
  •  Vietnam

dimethylformamide Parameters Covered: 

  • Methylamine
  • Carbon Monoxide
  • China
  •  Saudi Arabia
  • Synthetic Leather and Coatings
  • Films, Fibers, and Adhesives
  • Dye and Pigment Solvents
  • Chemical Reactions
  • India
  • Brazil
  • Argentina
  •  Vietnam

Why PriceWatch?

PriceWatch is your trusted resource for tracking global dimethylformamide price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the dimethylformamide market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.

In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence dimethylformamide prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely dimethylformamide market data.

Track PriceWatch's dimethylformamide price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in Dimethylformamide prices

  • Surplus inventories: Periods of oversupply in the market which lead to price drops. For example, increased production capacity by major manufacturers can saturate the market and reduce prices. 
  • Pandemic Impact (2020-2021): The global COVID-19 pandemic led to disruptions in supply chains and changes in demand patterns. Saudi Arabia and China, as a major producer, faced challenges that affected DMF production and pricing. 
  • Geopolitical Tensions (2018-2019): U.S.-China trade wars caused price instability due to disrupted supply chains. 
  • Changes in Trade Policies: Saudi Arabia’s trade agreements or policy changes regarding the export and import of chemicals can impact DMF prices. For instance, new trade agreements or tariffs can alter market dynamics. 
  • U.S.-China Trade War (2018-2019): Trade disputes and tariffs imposed between the U.S. and China affected the chemical industry, including DMF. Tariffs on chemical imports and exports impacted market dynamics and pricing. 
  • Supply Chain Issues: Disruptions in the supply of key raw materials for DMF production, such as methanol and carbon monoxide, due to domestic and international factors have influenced DMF prices. 
  • Oil Price Crises (e.g., 1973, 1980s, 2014-2016): As a major oil producer, Saudi Arabia’s oil price fluctuations impact the cost of raw materials and energy used in DMF production. Sharp oscillations in crude oil prices which indirectly influenced the chemical production costs and DMF prices. 

 

These events underscore the dimethylformamide market’s vulnerability to global disruptions and highlight the need for continuous monitoring of supply-demand dynamics. 

Data Collection and Sources​

  • Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions. 
  • On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major dimethylformamide production hubs. This ground-level intelligence is crucial for understanding localized market dynamics. 
  • Supply Chain Monitoring: We track the entire dimethylformamide supply chain, from raw material availability (e.g., carbon monoxide, dimethylamine) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics. 

Event Tracking and Impact Analysis​

  • Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact dimethylformamide prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing. 
  • Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on dimethylformamide production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks. 
  • Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in dimethylformamide demand and corresponding price movements. 

Production Capacity and Supply Analysis

  • Current Production Monitoring: We maintain a comprehensive database of global dimethylformamide production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately. 
  • Future Capacity Projections: Our research includes detailed forecasts of upcoming dimethylformamide production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization. 

Demand Forecasting

  • Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments. 
  • Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global dimethylformamide pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

  • Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast dimethylformamide prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power. 
  • Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

  • Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations. 
  • Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice. 

 

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable dimethylformamide pricing assessments, helping our clients stay ahead of market trends and make informed business decisions. 

Molecular Weight[g/mol]

73.09

CAS No

68-12-2

HS Code

2924191120

Molecular Formula

C3H7NO
dimethylformamide

Dimethylformamide (DMF) is a versatile, colorless organic solvent widely used in industries such as pharmaceuticals, textiles, and electronics. It is synthesized from feedstocks like dimethylamine through a chemical reaction with carbon monoxide. DMF is valued for its excellent solvency, stability, and ability to dissolve a variety of organic and inorganic compounds.

Packaging Type

180 Kg Drum

Grades Covered

Industrial

Incoterms Used

FOB Saudi Arabia, FOB China, CIF India (Saudi Arabia), CIF Argentina (China), CIF Vietnam (China), CIF Brazil (China)

Synonym

DMF, N, N-Dimethylmethanamide, Formic acid dimethylamide

PriceWatch Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Component  Unit  Value by weight 
Dimethylformamide Content (wt.%)  %  99.90 Min 
Color  Pt-Co  10 Max 
Methanol Content  %  0.005 Max 
Water Content  %  0.03 Max. or 0.015 Max. 
Acidity as Formic Acid by Weight   Ppm   10 Max 
Alkalinity as DMA by weight   Ppm   10 Max 
Fe  Ppm   0.05 Min 
Conductivity  µs/cm  2 Max 

Applications

DMF is crucial in the chemical manufacturing sector, particularly in the synthesis of various chemicals. It is used in the production of polyacrylonitrile (PAN), a key precursor for carbon fibre production. DMF is an important solvent in the coatings and adhesives sector. In coatings, it helps dissolve resins and other components, improving the application and performance of paints 

Dimethylformamide price provided by PriceWatch is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for dimethylformamide. PriceWatch disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

The pricing of Dimethylformamide (DMF) is influenced by several factors, including fluctuations in raw material costs (such as acetic acid and methanol), energy prices, and supply chain dynamics. Additionally, demand from key industries like pharmaceuticals, textiles, and electronics, along with geopolitical events and trade policies, can significantly impact DMF pricing. Procurement heads must monitor these variables to manage costs effectively.

Feedstock availability, particularly for key components like acetic acid and methanol, directly impacts Dimethylformamide pricing. Shortages or disruptions in the production of these raw materials, due to factors such as weather conditions, geopolitical tensions, or regulatory changes, can lead to price increases. Conversely, improved feedstock availability can drive prices down, allowing for more cost-effective procurement strategies.

Dimethylformamide prices can vary significantly by region due to differences in production capacities, raw material costs, and local demand. For example, regions with higher production capabilities, such as China and the Middle East, may offer more competitive pricing compared to Europe or North America. Procurement teams should evaluate regional price variations and consider diversifying sourcing from cost-effective markets to optimize procurement strategies.

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