Asia
The dimethyl sulphate market in Asia showed strong upward movement during the period, driven by rising sulfuric acid costs and volatile methanol prices. Chinese producers increased prices multiple times due to tight feedstock availability post-holidays.
Agrochemical demand remained robust, while water treatment sectors maintained steady consumption. Regional supply tightened as manufacturers struggled with escalating production costs.
Europe
European DMS prices surged as sulfuric acid availability remained constrained amid high sulfur costs. The volatile methanol market added to production cost uncertainties. Agricultural sector demand strengthened seasonally, supporting the upward trend. Several producers reduced operating rates due to margin pressures.
North America
The North American market witnessed consistent price increases throughout the quarter. Domestic availability remained limited while import volumes stayed restricted. Strong downstream demand from agrochemicals supported the rising trend. Producers implemented price hikes to offset climbing feedstock costs.
Analyst Insight
According to Procurement Resource, the price for Dimethyl Sulfate is expected to maintain their upward trajectory in the coming months. Continued strength in sulfuric acid costs and methanol volatility suggests further pressure on production margins.