Price trend

According to the data monitored by SunSirs, as of December 19, the average price of premium DMF offered by domestic DMF enterprises was 5,500.00 RMB/tonn, which was higher than that of the same period last week. The overall DMF market price rose 1.85%, maintaining a strong operation in the short term.

Analysis review

The domestic DMF price trend was relatively strong. As of the 19th, the mainstream price range was 5,500.00 RMB/tonn. The overall DMF market price rose 1.85%. The operating rate was stable, the willingness to stock up goods was poor, the logistics operation was slow, and the manufacturers gave up profits for shipment. Manufacturer DMF's latest quotation: Shandong Chengze Chemical Co., Ltd. 5,720 RMB/tonn, Jinan Qichen Chemical Co., Ltd. 6,000 RMB/tonn, Shanghai Minyu New Material Technology Co., Ltd. 7,200 RMB/tonn, Jinan Yingsen Chemical Co., Ltd. 5,600 RMB/tonn, BOC New Material (Shandong) Co., Ltd. 6,000 RMB/tonn, and Suzhou Huayuan Chemical Co., Ltd. 6,300 RMB/tonn.

Chemical commodity index: On December 18, the chemical index was 930 points, unchanged from the previous day, 33.57% lower than the cycle's highest point of 1,400 points (2021-10-23), and 55.52% higher than 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

The DMF analyst of SunSirs believes that the DMF market is expected to run strongly next week.

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