Free Dimethylformamide Price Trend and Forecast New York

Published date: July 26, 2022
  • Location: New York, New York, NY, United States

In North America, the Dimethylformamide market rose marginally throughout the first quarter on the back of high demand from downstream industries. Raw materials Dimethylamine and Carbon Monoxide were also observed rising in the regional market along with the volatile crude oil prices. From the demand side, DMF rose in the chemical industry as it is used as a solvent. In addition, expanding textile and increasing medical technology has boosted the demand for Dimethylformamide in North America. Later, supply disruption and the hike in transportation costs added fuel to the rising Dimethylformamide Price. Therefore, DMF market rose and hovered at USD 3021/MT on an Ex-Location basis during the first quarter ending March 2022.

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