Price trend

According to data monitored by SunSirs, as of February 28th, the average quotation price of domestic high-quality DMF enterprises was 4,280 RMB/ton. As of February 28th, the DMF market price was mainly stable.

Analysis review

This week, DMF prices have remained stable. As of February 28th, downstream demand for DMF was average, with rigid procurement being the main focus. The overall market supply and demand were balanced. The reference price for DMF spot delivery in Shandong and surrounding areas was 4,400 RMB/ton, while in Jiangsu and Zhejiang regions it was around 4,500 RMB/ton.

Market outlook

DMF analysts from SunSirs believe that the DMF market is expected to operate to be weaker in the short term, with insufficient driving force for price increases.

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