DMF market is stable and weak (10.10-10.17)

According to data monitored by the Business Society, as of October 17th, the average price quoted by domestic premium DMF enterprises was 5250 yuan/ton. This week, the DMF price fell sharply, with a decrease of 1.87%. Currently, the mainstream price is around 5200 yuan/ton.

 

This week, the overall DMF market experienced a narrow decline, with prices falling by 1.87% compared to the same period last week. Currently, the mainstream price range is 5200.00 yuan/ton, and the downstream procurement atmosphere is average. There is insufficient demand, and upstream cost support is average. Currently, manufacturers are shipping smoothly, and they are selling at a profit margin.

 

Chemical index: On October 16, the chemical index was 926 points, a decrease of 5 points from yesterday, a decrease of 33.86% from the highest point of 1400 points in the cycle (2021-10-23), and an increase of 54.85% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

 

DMF analysts from Business Society believe that in the short term, the DMF market will operate steadily and weakly.

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