The Dimethoxyethane (DME) market in the first half of 2023 displayed lackluster sentiments, largely due to diminished demand from solvent industries. In the Chinese DME market, spot prices experienced a significant average decline of approximately 19%, dropping from around 673 USD/MT in January to about 545 USD/MT in June 2023.
Request for Real-Time DME (Dimethoxyethane) Prices: https://www.procurementresource.com/resource-center/dme-price-trends/pricerequest
This downward trend was attributed to weak demand and substantial reductions in DME feedstock costs, driven by lower crude oil prices, including access to discounted Russian oil amid the Russia-Ukraine conflict. Overall, the market exhibited subdued sentiments.
Definition
Dimethoxyethane (DME) is a clear and colorless organic compound with the chemical formula C4H10O2. It serves as a versatile solvent and is commonly used in various industrial applications. DME is known for its low toxicity and high solvency power, making it valuable in processes like extraction, as a reaction medium, and as a component in fuel formulations and aerosol propellants.
Key Details About the DME (Dimethoxyethane) Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the DME (Dimethoxyethane) in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Dimethoxyethane (DME) Price, including India DME (Dimethoxyethane) price, USA DME (Dimethoxyethane) price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the DME (Dimethoxyethane) Price Trend:
Dimethoxyethane (DME) is a clear and colorless organic compound with the chemical formula C4H10O2. It serves as a versatile solvent and is commonly used in various industrial applications. DME is known for its low toxicity and high solvency power, making it valuable in processes like extraction, as a reaction medium, and as a component in fuel formulations and aerosol propellants.
Key Players:
- Acros Organics
- Charkit Chemical Company LLC
- Ascender Chemical Co., Ltd.
About Us:
Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
Contact Us:
Company Name: Procurement Resource
Contact Person: Chris Byrd
Email: [email protected]
Toll Free Number: USA & Canada – Phone no: +1 307 363 1045 | UK – Phone no: +44 7537 132103 | Asia-Pacific (APAC) – Phone no: +91 1203185500
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Referral Link: https://theprocurementexpert.com/dme-dimethoxyethane-prices/