Dimethyl Sulphate Prices

Dimethyl Sulphate Prices September 2024

The dimethyl sulphate prices in the United States for the third quarter of 2024 reached 1710 USD/MT in September. The market experienced notable price hikes resulting from production difficulties and lower imports, fueled by strong demand from industries like water treatment and agrochemicals. Disruptions in the supply chain, such as port congestion and shortages of raw materials, along with increasing costs for methanol and sulfuric acid, played a role in this situation.

The price trend for dimethyl sulphate in India for Q3 2024 settled at 530 USD/MT in September. The market witnessed significant price increases due to tight supply and high production costs, driven by strong demand from the agrochemical and surfactant industries. Constraints on feedstocks like methanol and sulfuric acid have raised production expenses.

Dimethyl Sulphate Prices June 2024

The dimethyl sulphate prices in the United States for Q2 2024 reached 1670 USD/MT in June. In the second quarter of 2024, prices increased significantly due to strong seasonal demand and positive market sentiment. Enhanced manufacturing activity also contributed to this upward trend, particularly as summer procurement period drew near. This robust performance indicated heightened interest and demand from key industries, reflecting a dynamic and thriving market environment. 

Dimethyl Sulphate Prices March 2024

The dimethyl sulphate prices in the United States for Q1 2024 reached 1520 USD/MT in March. The market experienced significant price fluctuations due to changes in the demand. In February, there was a decline attributed to weakened consumer demand, especially in the agrochemical sector. However, a steady demand from the detergent industry and an increase in the demand for fertilizers and pharmaceuticals in January contributed to the price changes. This reflected a mixed market sentiment throughout the quarter.

The price trend for dimethyl sulphate in India for Q1 2024 settled at 461 USD/MT in March. The prices in surged due to rising demand from pharmaceutical and agricultural sectors mainly driven by different governmental initiatives and strong sales. Supply constraints, including farmer protest, led to reduced inventory levels, further pushing prices up.

Dimethyl Sulphate Prices December 2023

In the United States, the Dimethyl Sulphate (DMS) prices reached 2,255 USD/MT at the end of Q4 2023. The initial months saw a decline in prices, attributed to reduced demand from key sectors such as surfactants and pesticides. This downturn was further supported by lower freight costs and a stable supply within the region. Towards the end of the quarter, there was a slight increase in DMS prices, driven by seasonal demand for antifreeze products and adjustments in production rates by manufacturers in response to the earlier drop in prices.

In China, the DMS prices during Q4 reached 470 USD/MT. The stabilization in China's DMS prices can be attributed to a balanced demand-supply equation within the country, which helped mitigate the impact of volatile feedstock costs that were evident in the wider Asia Pacific market.

Regional Coverage

The report provides a detailed analysis of the dimethyl sulphate market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the dimethyl sulphate price trend.

Global Dimethyl Sulphate Price

The report offers a holistic view of the global dimethyl sulphate pricing trends in the form of dimethyl sulphate price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of dimethyl sulphate but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed dimethyl sulphate demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Dimethyl Sulphate Price

Q3 2024:

Dimethyl sulphate prices in Europe during Q3 2024 were marked by mixed trends influenced by the fluctuating demand across various downstream sectors, including pharmaceuticals, agrochemicals, and the dye industry. Production issues stemming from abrupt plant shutdowns and scheduled maintenance activities led to restricted availability, thereby further pushing prices up. Additionally, raw material costs for methanol and sulphuric acid saw fluctuations, contributing to variable production expenses. Logistical hurdles, such as port congestion and delays, impacted the smooth flow of imports and exports, disrupting supply chains. The agrochemical sector faced demand variations driven by crop yields and agricultural policies, while the pharmaceutical and dye industries saw the demand shifts linked to production cycles and textile market trends. The result was a complex market landscape, with both upward and stabilizing price pressures throughout the quarter.

Q2 2024: 

European dimethyl sulphate prices rose sharply in Q2 2024, influenced by constrained supply and rising production costs. A series of maintenance routines at key smelters reduced availability, while limited sulphuric acid supplies added further pressure. The seasonal demand from agrochemical industry also surged during planting, widening the supply demand gap. Inflation and rising prices of crude oil increased production expenses, contributing to the overall price rise. Germany witnessed some of the steepest price changes, with agrochemical sector driving the demand against insufficient inventories. By the end of the quarter, prices in Europe reflected a mainly positive market environment, shaped by a mix of supply constraints and robust seasonal demand.

Q1 2024: 

In Europe, dimethyl sulphate prices experienced noticeable fluctuations in Q1 2024, influenced by varied demand across key industries. February witnessed a downward trend as consumer demand weakened, especially within agrochemicals, which led to market oversupply and price decreases. Meanwhile, the detergent industry displayed steady demand, which helped somewhat stabilize the pricing dynamics amid broader challenges. In January, demand in the pharmaceutical and fertilizer sectors contributed to a price uptick, supported by strong pharmaceutical sales across the region. These contrasting shifts resulted from differing demand levels and periodic supply constraints, setting a mixed tone for the quarter. Elevated inventory levels across Europe added to the downward trend, making the pricing landscape a blend of both positive and challenging factors.

Q4 2023:

Europe's DMS market witnessed a 5-10% price drop in Q4 2023 due to reduced demand from industries like surfactants, dyes, and pesticides. Lower freight costs and abundant supply also contributed to the decline. The market faced competitive pressures, impacting producer profitability differently. Price discrepancies existed across the region, influenced by transportation costs and local market dynamics. Currency fluctuations, particularly the Euro's weakening, further affected import prices.

This analysis can be extended to include detailed dimethyl sulphate price information for a comprehensive list of countries.

North America Dimethyl Sulphate Price

Q3 2024:

During Q3 2024, the prices of dimethyl sulphate in North America exhibited steady increases, significantly affecting the United States market. The main factors included production issues and restricted imports, leading to tight supplies and escalating prices. Strong demand from sectors like agrochemicals, surfactants, and water treatment reinforced this trend. Supply chain challenges, such as port congestion, elevated freight costs and shortage of raw material, compounded the pressure on prices. The increased costs of key feedstocks, methanol and sulphuric acid also played a critical role in production expenses, which added to the overall price trajectory.

Q2 2024: 

During the second quarter of 2024, dimethyl sulphate prices in North America experienced steady increases. Key factors contributing to this included rising raw material and energy costs, along with strong domestic and export demand. Industries such as paints and coatings showed marked growth, spurred by high vehicle sales and ongoing industrial activity. The geopolitical landscape, including recent tensions impacting global oil prices, added to this upward pressure by increasing shipping rates and production costs, especially for feedstock sulphuric acid. The United States market recorded the notable price shifts, with consistent demand aligning with seasonal procurement. A rise in production activities also drove up prices, which steadily climbed through the quarter, reflecting a strong market demand.

Q1 2024: 

Prices for dimethyl sulphate in North America fluctuated significantly during the first quarter of 2024 due to an array of factors. In February, prices in the United States fell due to weak consumer demand and oversupply in the agrochemical sector. In January, an increase in the demand, particularly from the pharmaceutical and fertilizer sectors led to price increases, which were aided by government investments and strong market performance. Overall, market sentiment was mixed, influenced by variations in demand and supply disruptions, creating a volatile pricing environment for dimethyl sulfate throughout the quarter. 

Q4 2023:

In North America, the DMS market saw prices drop initially in Q4 2023, then modestly rise towards the end due to seasonal demand and production adjustments. Weakened demand from surfactant and pesticide industries, along with stable freight costs and supply, influenced the early price decline. Later, demand for antifreeze during winter and stabilized methanol costs moderated price changes. Competition remained strong with moderate import activity, keeping price spikes in check.

Specific dimethyl sulphate historical data within the United States and Canada can also be provided.

Middle East and Africa Dimethyl Sulphate Price

The report explores the dimethyl sulphate pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on dimethyl sulphate prices for countries can also be provided.

Asia Pacific Dimethyl Sulphate Price

Q3 2024:

In Q3 2024, the Asia Pacific region experienced significant price growth for dimethyl sulphate due to a mix of supply constraints and robust demand from key sectors, including agrochemicals, water treatment, and surfactants. Elevated prices for primary feedstocks, such as sulphuric acid and methanol, influenced DMS production costs and maintained price pressure. Although lower ocean shipment rates in China and India provided minor relief, challenges in the supply chain, such as delays at ports and the availability of raw materials, continued to impact the market. India particularly witnessed strong price movements due to high domestic demand and limited imports. Although the monsoon season was expected to potentially moderate demand, the overall outlook remained optimistic as the market held its upward pricing trend.

Q2 2024: 

In Q2 2024, dimethyl sulphate prices across the Asia Pacific rose considerably. A mix of elevated feedstock costs, seasonal demand spikes, and supply chain disruptions created a bullish market. The region saw heightened expenses for key inputs like sulphuric acid, compounded by regional production slowdowns and plant shutdowns. In India, where the construction boom and real estate surge intensified demand, Dimethyl Sulphate prices saw particularly notable shifts. Strong procurement activities continued as industries faced tight supplies amid peak periods for agriculture and construction. With the demand significantly outpacing supply, the region maintained an upward pricing trend, driven by these sustained seasonal and industry-specific needs.

Q1 2024: 

In the Asia Pacific region, dimethyl sulphate prices rose in the first quarter of 2024 due to rising in demand in India, driven by pharmaceutical and agricultural needs. Supportive government policies and strong agricultural exports boosted agrochemical demand, while pharmaceutical sales further fueled the market. Supply constraints, like farmer protest, resulted in lower inventory level and accelerated price increases. Furthermore, India's production growth boosted demand in construction applications, while fluctuations in upstream costs, particularly naphtha, exacerbated the upward price pressure.

Q4 2023:

Asia Pacific's DMS market displayed varied pricing trends in Q4, with India seeing declines and China experiencing stabilization or minor increases. The diversity in price movements across the region was largely due to different industry demands and import dependencies. Fluctuating raw material costs significantly impacted production expenses.

This dimethyl sulphate price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Dimethyl Sulphate Price

The analysis of dimethyl sulphate prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Dimethyl Sulphate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dimethyl Sulphate Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data Report 2024 Edition,” offers an in-depth analysis of dimethyl sulphate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of dimethyl sulphate at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of dimethyl sulphate price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing dimethyl sulphate price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Dimethyl Sulphate Market Analysis

The global dimethyl sulphate market size reached 160.9 Thousand Tons in 2023. By 2032, IMARC Group expects the market to reach 239.2 Thousand Tons, at a projected CAGR of 4.50% during 2023-2032.

• Growth in the pharmaceutical industry drives demand for DMS as a key solvent and reagent. As per data by Invest India, the national investment promotion and facilitation agency of the Government of India, the pharmaceutical industry in India is expected to reach US$ 130 Billion by 2030. As India is a major exporter of pharmaceuticals, with supplies to over 50% of Africa’s requirement for generics, ~40% of generic demand in the US and ~25% of all medicine in the UK, the expansion of the industry is projected to drive the demand for DMS.
• Rising global agricultural activities increase the demand for pesticides and fungicides, where DMS is used. With the global agrochemicals market projected to reach US$ 390.0 Billion by 2032, the demand for DMS is expected to increase considerably.
• DMS is utilized in personal care products, and market expansion in this sector fuels its demand. As per estimates by IMARC, the global beauty and personal care products market is projected to exhibit a growth rate (CAGR) of 4.5% during 2024-2032.
• Fluctuations in raw material availability and price volatility impact DMS production costs and market prices. For instance, in Q3 2023, the prices of feedstocks for DMS production, such as methanol and dimethyl ether, began to rise, which, in turn, increased the cost of production of DMS.
• Increased R&D investment in finding new applications and improving existing processes for DMS drives market growth and innovation. As per a study published in the Nature Communications Journal in February 2024, titled “Dimethyl sulphate and diisopropyl sulphate as practical and versatile O-sulphation reagents,” DMS can be used a sulphate source for efficient O-sulphation of a wide range of organic compounds, including alcohols, phenols, and natural products. The mild conditions and versatility of this O-sulphation method make it a valuable tool for late-stage functionalization of bioactive molecules.

Dimethyl Sulphate News

The report covers the latest developments, updates, and trends impacting the global dimethyl sulphate market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in dimethyl sulphate production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the dimethyl sulphate price trend.

Latest developments in the dimethyl sulphate industry:

• April 2023: Wanhua Chemical and 3 medical companies, Baihe Medical, Ocl Medical and Sanxin Medical, signed a strategic cooperation agreement to establish a medical alliance. The focus is to create an integrated and resilient medical alliance, exploring the applications of innovative materials in the medical field.
• December 2023: LANXESS, a specialty chemicals company, has expanded its production capacity for sustainable light-color sulfur carriers by several kilotons at its Mannheim site. The investment for this project is in the double-digit millions and the additional volumes will be available in 2024.
• February 2024: BASF Environmental Catalyst and Metal Solutions (ECMS) has acquired Arc Metal AB in Hofors, Sweden, expanding its recycling operations and precious metal services in Europe, Middle East, and Africa (EMEA). This expansion increases ECMS's ability to deliver its 100% recycled metal offering, Verdium TM, which can lower carbon emissions by up to 97% compared to refining mined or primary materials.

Product Description

DMS is a highly reactive chemical compound with the molecular formula (CH3)2SO4. It is a colorless, oily liquid that is primarily used as a methylating agent in organic synthesis, including pharmaceuticals, agrochemicals, and perfumes. DMS serves as a key intermediate in the production of surfactants and fabric softeners. Its production and application are critical across various industries, contributing to the compound's significant position in the global chemical market.

DMS has a boiling point of 188°C and a density of 1.33 g/cm³ at 20°C. Being highly soluble in water, it decomposes in moisture to form sulfuric acid and methanol, a reaction that underscores its use in industrial applications. Chemically, DMS is a potent methylating agent, allowing for the transfer of methyl groups to nucleophiles, a fundamental process in organic synthesis. Its high reactivity with nucleophiles makes it invaluable in the manufacture of pharmaceuticals, dyes, and fragrances. However, its toxicological profile, characterized by its potential to cause severe dermatological, respiratory, and ocular damage, necessitates stringent controls on its use and disposal.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of dimethyl sulphate pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting dimethyl sulphate price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The dimethyl sulphate price charts ensure our clients remain at the forefront of the industry.