The Dimethylformamide (DMF) market witnessed an overall bearish trend in the Chinese market throughout the month of March 2025. While the outlook continued to remain bearish, and the trend started to stabilize in the first week of April. The steady supply and demand dynamics prevented any major fluctuations in the prices in early April 2025. The market moved towards stability after weak market sentiments in previous weeks due to rise in market activities. As the demand fundamentals improved, the market conditions moved with a steady pace and hence contributed to the firm prices in the market.

On the supply front, the prices of feedstock Dimethylamine also witnessed bearish trend in the latter half of March which further led to declined production costs which motivated the steady production of DMF. As the production dynamics remained firm, the supply for DMF appeared to be sufficient to fulfil the downstream demand. Previous weeks witnessed a slight oversupply situation with demand being subdued leading to slight downward pressure in the market.

As the demand for DMF started to improve in early April and supply continued to be average, the market witnessed stabilization. The downstream procurement was also average further reflecting the balanced market conditions in the market. Additionally, essential procurement was the main focus which contributed to the steady supply dynamics and ultimately supported the stable market trend.

On the demand front, the key downstream sectors like pharmaceutical and agrochemical sectors showed steady demand dynamics leading to firm procurement by market players. The pharmaceutical sectors showed significant growth opportunities, driving the demand for DMF in the market. Furthermore, the agrochemical sector demand also improved in the previous weeks due to positive transactions and increased inquiries from market players. The demand for DMF from both the key sectors remained average and firm which pushed the market dynamics towards stability in short term.

According to the analysts at ChemAnalyst, the market outlook for DMF is expected to improve in the coming weeks driven by a rise in demand of DMF from downstream agrochemical and pharmaceutical sectors. This increased demand combined with stable supply may put upward pressure on DMF prices which may either increase slightly or remain steady in the short term. The supply dynamics are expected to remain smooth with no significant disruptions expected which may support market stability. Additionally, steady procurement activities from key end-use industries will support pricing trends, preventing any major fluctuations. Overall, the market trend will largely be influenced by evolving demand and supply dynamics, as any expected shifts in production levels or downstream demand could influence the price movements.