Price trend

According to the data monitored by SunSirs, as of July 27, the average price of domestic high-quality DMF of enterprises was 11,250.00 RMB/ton, and the price of DMF rose slightly compared with the price at the beginning of the week. It is expected that the DMF market will be stable in the short term.

Analysis review

As of July 19, the domestic DMF price ran smoothly, the mainstream price range was 11,000-12,000 RMB/ton, the transaction atmosphere was acceptable, the negotiation atmosphere was positive, the manufacturer's shipment was smooth, the downstream purchased just based on demand mainly, and the logistics was smooth. The latest quotation from manufacturers: DMF price of Jinan Qichen Chemical Co., Ltd. was 12,700 RMB/ton, DMF price of Shandong Zhiying New Material Co., Ltd. was 10,700 RMB/ton, DMF price of Jinan Hengtong Chemical Co., Ltd. was 10,700 RMB/ton, the DMF price of Jinan Jutai Chemical Co., Ltd. was 10,700 RMB/ton, and the DMF price of Shandong Chengze Chemical Co., Ltd. was 10,800 RMB/ton.

Chemical Commodity Index: On July 26, the BPI of the bulk commodity price index was 1,058 points, a decrease of 2 points from previous day, a decrease of 21.22% from the highest point in the cycle of 1,343 points (2021-10-19), and up 60.30% from the lowest point of 660 points on February 3, 2016. (Note: The cycle refers to 2011-12-01 to the present).

Market outlook

The DMF analyst of SunSirs believes that the DMF market will run smoothly in the short term.

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