1、 Price trend
According to data monitored by Shengyi Society, as of February 28th, the average quotation price of domestic high-quality DMF enterprises was 4280 yuan/ton. Currently, the DMF market price is mainly stable, and the price is mainly stable.
2、 Market analysis
This week, DMF prices have remained stable. Currently, downstream demand for DMF is average, with rigid procurement being the main focus. The overall market supply and demand are balanced. The reference price for DMF spot delivery in Shandong and surrounding areas is 4400 yuan/ton, while in Jiangsu and Zhejiang regions it is around 4500 yuan/ton.
3、 Future forecast
DMF analysts from Shengyi Society believe that the DMF market is expected to operate weakly in the short term, with insufficient driving force for price increases.
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