Price trend

According to data monitored by SunSirs, as of March 14th, the average quotation price of domestic high-quality DMF enterprises was 4,210 RMB/ton. Currently, the DMF market price is mainly stable, with overall market stability and small fluctuations.

Analysis review

This week, DMF prices have remained stable. Currently, there is insufficient demand for DMF downstream, with downstream essential purchases being the main focus. The purchasing atmosphere is average, and the overall market supply and demand are balanced. The spot delivery price for DMF in Shandong and surrounding areas is around 3,900-4000 RMB/ton, while in Jiangsu and Zhejiang areas it is around 4,200 RMB/ton.

Market outlook

DMF analysts from SunSirs believe that the DMF market is expected to maintain stable operation in the short term, with insufficient driving force for price increases.

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