Price trend

According to data monitored by SunSirs, as of June 27th, the average price quoted by domestic enterprises for premium DMF products was 4,725 RMB/ton. DMF prices showed a stable trend and remained stable this week, with the mainstream price around 4,800 RMB/ton.

Analysis review

This week, the overall market of DMF was mainly stable, with no significant price changes. Compared to the same period last week, the mainstream price range was around 4,800.00 RMB/ton. The downstream procurement atmosphere was average, and shipments were slow. The latest quotation from the enterprise: Ningbo Daoyuan Rubber and Plastic Technology Co., Ltd. quoted 4,650 RMB/ton, Jinan Xinhou Trading Co., Ltd. quoted 5,500 RMB/ton, and Jinan Century Lianxing Economic and Trade Co., Ltd. quoted 6,000 RMB/ton. The overall price of silica maintained the previous trend.

Chemical Index: On June 26th, the chemical index stood at 804 points, a decrease of 1 point from the previous day, a decrease of 42.57% from the highest point in the cycle of 1,400 points (2021-10-23), and an increase of 34.45% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Market outlook

DMF analysts from SunSirs believe that the stable operation of the DMF market is the main focus in the short term.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.