Price trend

According to data monitored by SunSirs, as of March 21, the average price quoted by domestic high-quality DMF enterprises was 4,220 RMB/ton. Currently, the DMF market price was mainly stable, and the price was mainly stable.

Analysis review

This week, DMF prices have remained stable. As of March 21, downstream demand for DMF was average, with rigid procurement being the main focus. The overall market supply and demand were balanced. The reference for spot delivery price of DMF in the South China region was 4,300-4,350 RMB/ton in Guangzhou. Negotiations were temporarily underway, and the focus was stable.

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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