Price trend
According to the data of SunSirs, as of December 17, the average price of domestic premium DMF enterprises was 4,666.67 RMB/ton. The market of domestic DMF market was stagnant and the inventory pressure remained.
Analysis review
Product: The market of domestic DMF is narrowly consolidated, the overall market intention of insisting price is still there, the delivery speed is slow, the industry has a strong wait-and-see atmosphere, the East China market just needs to be maintained, and the shortage of goods in the South China market is gradually alleviated.
On December 16, the rubber and plastic index was 674, the same as the previous day, down 36.42% from 1060 (2012-03-14), the highest point in the cycle, and up 17.01% from 576, the lowest point on December 21, 2015. (Note: cycle refers to 2011-12-01 to now)
Market outlook
The DMF analysts of SunSirs believe that the short-term DMF market is steadily finishing.
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