Price trend

According to the data monitored by SunSirs, as of December 14, the average price of premium DMF offered by domestic DMF enterprises was 5,400.00 RMB/ton, a slight drop compared with the same period last week, and the overall DMF market price fell by 4%, maintaining a weak and stable operation in the short term.

Analysis review

The domestic DMF price trend was weaker. As of the 14th, the mainstream price range was 5,400.00 RMB/ton, down 4% compared with the same period last week. The operating rate was stable, the readiness of goods was poor, and the manufacturer gave up profits to deliver goods. The latest DMF quotation of the manufacturer: Jinan Yingsen Chemical Co., Ltd. 5,400 RMB/ton, Jinan Top 100 Chemical Co., Ltd. 5,500 RMB/ton, Liaocheng Quanyou Chemical Trade Co., Ltd. 5,500 RMB/ton, Shandong Yushu Chemical Co., Ltd. 5,500 RMB/ton, Liaocheng Jinrui New Materials Co., Ltd. 5,500 RMB/ton, Shandong Lincheng Chemical Products Co., Ltd. 5,500 RMB/ton.

Chemical commodity index: On December 13, the chemical index was 926 points, up 2 points from the previous day, down 33.86% from the cycle's highest point of 1,400 points (2021-10-23), and up 54.85% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

Market outlook

According to DMF analysts from SunSirs, it is expected that the DMF market will operate in a weak way next week.

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