The Dimethylformamide Price decreased in North America throughout the fourth quarter of 2022. The region's expanding stocks and shifting customer attitudes were the main causes of the downward pricing trend. The price of DMF decreased because of unfavorable market fundamentals and declining feedstock prices for natural gas and Methanol. The region's stocks grew as a result of the fact that the demand for downstream synthetic fibers, plastics, and other chemicals was less than what was anticipated. Port closures and shortened port operating hours in the USA caused delays in the import and export of cargo. As a result, DMF costs decreased in the final quarter of 2022.
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