dimethylformamide Pricing Assessment

  • Commodity Pricing

Markets Covered: 

saSaudi Arabia
cnChina
inIndia
vnVietnam
brBrazil
arArgentina

Dimethylformamide Price Trend, Analysis and Forecast

In the first half of 2024, Dimethylformamide (DMF) prices have decreased due to oversupply and weaker demand, with key producers in Saudi Arabia and China playing a significant role in the market. Saudi Arabia’s production remains strong, with several major chemical producers maintaining steady output levels.  China as one of the largest global producers of DMF, continues to have a substantial market share, with its industry contributing significantly to the overall supply. The combination of high production levels in these regions, along with subdued demand from downstream sectors like chemicals, pharmaceuticals, and agrochemicals, has led to an oversupply, putting downward pressure on DMF prices. 

In Q1 of 2024, Dimethylformamide (DMF) prices showed a downward trend compared to Q3 2023, primarily driven by an oversupply of the product and weaker demand across key regions. In China, prices fell by 8.2%, reflecting continued high production levels and reduced consumption from downstream sectors such as paints and coatings. Similarly, in Japan, prices decreased by 7.6%, as demand remained subdued due to slower economic growth and weaker industrial activity. The overall market was further pressured by stable feedstock costs, particularly for dimethylamine, which alleviated production cost pressures but did not stimulate demand. This combination of excess supply and lacklustre demand led to a price decline in both China and Sudi Arabia, which also affected importing countries like Vietnam, Brazil, Argentina and India, where lower demand for DMF from end-user industries further exacerbated the price drop.  

In Q2 2024, Dimethylformamide (DMF) prices showed a further price drop in China, declining by 4.4%. This decline was driven by a drowning in demand from downstream sectors such as chemicals, pharmaceuticals, and electronic, as economic activity picked up and production resumed after seasonal slowdowns. But some tightening in supply due to production adjustments helped to support prices. In Saudi Arabia, prices stabilized at the upper end, as the market found balance between supply and demand. Despite ongoing economic challenges, the stabilization was fuelled by steady demand from key industries, along with more favourable feedstock pricing for dimethylamine. The combination of these factors helped to stabilize prices after the bearish trend in Q1, leading to higher decrease in China and a firming increase of prices in Saudi Arabia. 

In Q3 of 2024, Dimethylformamide (DMF) prices further decline in China by 3.5% and in Japan prices remain stable, driven by stability in supply and demand across industries like pharmaceutical and chemicals. Stable prices in Saudi Arabia and decreasing prices in China had a positive impact on both regions. In Saudi Arabia, stable pricing for DMF ensured a consistent supply and allowed manufacturers to maintain stable production costs for industries like agrochemicals, pharmaceuticals, and chemicals. Conversely, in China, decreasing DMF prices contributed to lower procurement costs, helping manufacturers in downstream sectors benefit from reduced expenses. This trend could stimulate growth in these industries and foster competitive pricing for consumers. 

In Q4 2024, Dimethylformamide prices are expected to stabilize due to modest demand recovery in the agrochemical and pharmaceutical sectors. Supply chain adjustments may alleviate constraints, but geopolitical tensions could create volatility. Overall, prices are likely to remain stable yet sensitive to ongoing market developments. 

Why ?

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

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

Track ‘s benzene 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.

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, keeps you fully informed of market dynamics.

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

Track '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. 

Methodology and Specifications

dimethylformamide Pricing Assessment Research Methodology

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. 

Specifications

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

200Kg - Barrel

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

Quotation Terms:

20-25 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.

Disclaimer

Dimethylformamide price provided by 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. 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.

Request a Price Watch Demo

Frequently asked questions

What factors influence Dimethylformamide pricing in the global market? +

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.

How do changes in feedstock availability impact Dimethylformamide pricing trends? +

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.

What are the regional price differences for Dimethylformamide, and how do they impact 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.

Price Watch Login