Price trend

According to the data monitored by SunSirs, as of June 10, the average price of domestic premium DMF companies was 4,783.33 RMB/ton, which was a decrease of 0.35% compared with the same period last week. This week, the DMF market is operating steadily.

Analysis review   

This week, the domestic DMF market maintained stable operation. Factory orders were actively arranged for shipment. At present, the supply of goods is sufficient, the shipment is smooth, and the enthusiasm for purchase is general. The factory has a clear intention to push the price. As of June 10, Luxi Chemical's quotation was 4,400 RMB/ton, Zhangqiu Riyue Chemical was 4,550 RMB/ton, Hualuhengsheng rose 5,400 RMB/ton, the price was slightly different, the MF market price fell 0.35% from the beginning of June, DMF downstream demand Poor, maintaining stable operation in the previous period.

Upstream methanol: Lubei Refinery and other downstream enterprises have received a higher center of gravity for receiving goods. The price of methanol in the northwest has risen partially, and the market trading atmosphere is good. The mainstream of Guanzhong has risen to 1,390-1,500 RMB/ton. Traders enter the market actively to replenish their stocks, and the trading atmosphere is active. The main factories in Gansu have stopped selling.

On June 9, the chemical industry index was 674, up 4 points from the former day, down 33.66% from 1016 (2012-03-13), the highest point in the cycle, and up 12.71% from 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now).

Market outlook

SunSirs DMF analysts believe that: DMF is running smoothly in the short term and is weak and volatile..

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