In the asian market the Alkyl Amine (DMA) price has marked a notable decrease as of early April. This decrease in the Alkyl Amine (DMA) price is majorly attributed to the lower feedstock pricing particularly Ammonia putting the downward pressure on the pricing. Globally the market participants are witnessing the pricing pressure from the Chinese market. Additionally the weak suppliers actions along with the improved logistical challenges and the strengthening of the exchange rates have further intensified the Alkyl Amine (DMA) pricing towards downside.

In the early April, Alkyl Amine (DMA) prices in China slipped a bit, mainly because ammonia—the key feedstock—became more available. A few plants that had been shut for maintenance earlier were back online, which helped smooth out supply. At the same time, urea demand stayed on the weaker side, so some producers started shifting toward ammonia instead, adding even more to the supply pool. Despite demand not being all that strong, many suppliers didn’t rush to cut prices—probably waiting to see if the market might turn around. That wait-and-see approach meant there weren’t any big supply shake-ups. Also, with the yuan strengthening in March, Chinese exports got a bit more competitive, which added a bit of pressure on local Alkyl Amine (DMA) prices.

In the Indian market, prices for Alkyl Amine (DMA) fell noticeably in the early April. This drop in the Alkyl Amine (DMA) mainly came from better availability of key raw materials like Ammonia and Methanol. On the industrial front the local manufacturers are witnessing the pricing pressure from the Chinese market due to which they are struggling with the depleting margins. As farmers finish the Rabi harvest and begin getting ready for the Kharif season, demand-side activity in the agrochemical sector remained modest but is anticipated to increase shortly.  They are starting to buy necessities such as fertilizer, fungicides, and pesticides.  Despite the success of the pharmaceutical and personal care industries, suppliers have an abundance of inventory.  Since there were no significant production cuts and inventory levels were steady, several suppliers reduced their prices to remain competitive.

According to ChemAnalyst's forecast, the Alkyl Amine (DMA) market is likely to experience downward pressure in the coming weeks. The persistent pricing challenges from the Chinese market are expected to continue. While demand is anticipated to increase, the current availability of sufficient inventories will likely keep the Alkyl Amine (DMA) prices within a range for the next few weeks, as suppliers may refrain from significant price changes during this period.