Price trend

According to data monitored by SunSirs, as of May 10th, the average price quoted by domestic premium DMF enterprises was 4,740 RMB/ton. This week, DMF prices had, remained stable compared to the same period last week, with mainstream prices temporarily around 4,700-4,800 RMB/ton. The overall market supply and demand were balanced, with enterprises mainly offering discounts and taking orders. Logistics was smooth, and the focus of negotiations was stable.

Analysis review

This week, the overall market price of DMF had remained stable, with no significant changes compared to the same period last week. As of May 10th, the mainstream price range was between 4,700-4,800 RMB/ton. Manufacturers were actively shipping, and logistics were smooth. As of May 10th, there was some support for the cost side of DMF, and it will continue to operate steadily with a strong focus in the near future. Downstream enterprises require procurement and operation. Latest quotation from the manufacturer: Qingdao Hefeng Chemical Co., Ltd. offered a price of 4,450 RMB/ton, Jinan Pulaihua Chemical Co., Ltd. offered a price of 4,800 RMB/ton, and Shandong Jinshengrun Chemical Co., Ltd. offered a price of 4,450 RMB/ton.

Market outlook

SunSirs’ DMF analysts believe that in the short term, the DMF market will mainly maintain stable operation, with mainstream prices maintained at 4,700-4,800 RMB/ton.

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