Dimethyl Sulphate Pricing Report

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.

Dimethyl Sulphate Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Dimethyl Sulphate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” 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 prices at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of price trends 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 shape the industry landscape.

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.

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 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 price trends.  

Global Dimethyl Sulphate Price

The report offers a holistic view of the global dimethyl sulphate pricing trends, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level.

Europe Dimethyl Sulphate Price

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

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 data on dimethyl sulphate prices 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

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 analysis can be further extended to include detailed dimethyl sulphate prices for 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.

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 volatility, 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, ensuring they remain at the forefront of the dimethyl sulphate industry.