Price trend

According to the data monitoring of SunSirs, as of April 2nd, the average price of domestic premium DMF companies was 4,666.67 RMB/ton, and the domestic DMF market continued its downward trend.

Analysis review   

Product: The domestic DMF market maintained a downward trend. Manufacturers were not active in quoting, and downstream demand was weak. The domestic main factory equipment was operating more stably, shipping pressure was high, and there were few inquiries, and the actual transaction atmosphere was not good.

Industry chain: Upstream methanol, the upstream continued to wait and see attitude, the downstream just need to purchase, mainly in a narrow range in the near future.

Industry: On April 1, the chemical industry index was 614, down 7 points from the previous day, down 39.57% from 1016 (2012-03-13), and up 2.33% from 600, the lowest point on January 31, 2016. (Note: cycle refers to 2011-12-01 to now).

Market outlook

DMF analysts believe that: the short-term DMF does not rule out the continued downward trend.

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