Dimethyl Sulphate Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Dimethyl Sulfate in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Dimethyl Sulphate Price Trend for the First Half of 2023
Asia
The dimethyl sulphate price trend in the first quarter was affected by the fall in demand from pesticides, dyes, and other downstream industries. The purchasing appetite of the buyers in Asian as well as European nations also depleted in the first quarter of 2023. In the second quarter, the availability of cheap imports, a fall in energy and freight charges, and low demand from the downstream industries hampered the growth of dimethyl sulfate prices. The price trend of dimethyl sulfate eventually fell with the weak market sentiments of the Asia Pacific market.
Europe
In the first quarter, the price trend of dimethyl sulfate fell with the fall in the procurement rates from the downstream industries and the weak movement of the overall European market. In the second quarter also, the price trend of dimethyl sulfate was affected by the soaring rates of inflation along with declining costs of feedstock materials and crude oil. Thus, the sliding market sentiments of the region affected the price trend of dimethyl sulfate negatively.
North America
The slow movement of the downstream industries and low consumption of downstream industries, such as dyes, pesticides, surfactants, etc., resulted in weak demand from both domestic and international sectors that affected the price trend of dimethyl sulfate adversely in the first quarter. In addition to this, the second quarter also suffered from the influx of cheap imports from Asian countries and a low number of fresh orders from the downstream industries. This declined interest of buyers caused the level of inventories to rise, and thus, the price trend of dimethyl sulfate eventually faced southwards.
Analyst Insight
According to Procurement Resource, the price trend of Dimethyl Sulfate is estimated to follow a falling trend as it will be affected by the slump in demand from the downstream industries and decreased rates of procurement from the consumer sector.
Procurement Resource provides latest prices of Dimethyl Sulphate. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Dimethyl sulphate possesses high toxicity and reactivity and used to be widely employed as a methylating agent in chemical synthesis. However, due to its extreme toxicity and carcinogenic properties, its industrial usage has decreased significantly. Pharmaceuticals, dyes, and laboratory research now prefer safer alternatives over dimethyl sulfate.
Report Features | Details |
Product Name | Dimethyl Sulphate |
Chemical formula | C2H6O4S |
Industrial Uses | Dye manufacturing, Pharmaceuticals and agrochemicals, Chemical synthesis |
CAS Number | 77-78-1 |
HS Code | 29202910 |
Molecular weight | 126.13 g/mol |
Synonyms | DMS |
Supplier Database | Dupont, BASF, Caledon Laboratories, Chevron Phillips Chemical, CABB Chemicals, Celanese Corporation, DOW, Sumitomo Chemical |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
The first step is esterification of sulfuric acid with methanol as a catalyst that gives monomethyl sulfate. Then in the next step, monomethyl sulfate is subjected to reverse esterification process to give dimethyl sulfate.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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