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SunSirs: DMF Market Fluctuated Upwards, and the Price Rose
October 19 2021 13:39:21SunSirs(John)

Price trend

According to the data monitored by SunSirs, as of October 18, the average price of domestic premium DMF was 18,200.00 RMB/ton, and the price of DMF fluctuated upward. Compared with the same period of last week, the price increased by 31.88%, a rapid increase.

Analysis review

The DMF market was trending upwards and prices continued to rise. The mainstream price range was 18,000 RMB/ton. DMF's supply side was tight, the purchasing atmosphere was active, and the overall market was strong.

The mainstream price of upstream methanol was 4,480 RMB/ton, and it was operating stably.

Market outlook

SunSirs’ DMF analysts believe that the DMF market will stabilize and consolidate to be strong in the short term.

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