Price trend

According to the data monitoring of SunSirs, as of November 18, as of November 21, the average price of domestic premium DMF enterprises was 4683.33 RMB/ton, and on November 18, the average price of enterprises was 4833.33 RMB/ton, a decrease of 3.1%. The domestic DMF market was stagnant, and the inventory pressure remained.

Analysis review        

Product: As of November 21, the domestic DMF market was weak and volatile, the market was frozen and digested, the factory shipment was positive and stable, the raw material support surface was insufficient, the inventory pressure was on the high side, the downstream just needed procurement, the transaction atmosphere was general, the latest quotation of the enterprise, Zhangqiu Riyue 4600 RMB/ton, Luxi Chemical 4450 RMB/ton, Yangzi BASF 5200 RMB/ton, Haohua Junhua 4800 RMB/ton, Shaanxi Yanchang Xinghua 4700 RMB/ ton.

Market outlook

DMF analysts of SunSirs believe that DMF market is mainly stable in the short term.

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