SunSirs: Domestic DMF Market Was Weakly Fell on October 21
October 23 2019 13:42:52 SunSirs (John)Price trend
According to the price monitoring of SunSirs, on October 21, the market of domestic DMF was weak. As of October 21, the quotation range of domestic top-grade DMF enterprises was 5500-5700 RMB/ton, and the negotiation price moved down.
As of October 21, the DMF price of Shandong Hualu Hengsheng was 5600-5700 RMB/ton, Henan Junhua 5500 RMB/ton, Zhejiang Jiangshan chemical 5700 RMB/ton, Anyang Jiutian 5600 RMB/ton, Yanchang Xinghua 5500 RMB/ton, Shandong Jinmei Riyue 5300 RMB/ton.
Analysis review
Products: At the weekend, the domestic DMF market sentiment was light. With the commencement of the Luxi installation, the supply of goods has increased, and the inventory pressure has been significantly eased. Other factories have maintained a wait-and-see attitude for shipments. The downstream market is mainly in procurement, procurement is not active, and the wait-and-see atmosphere is strong. SunSirs expects that the domestic DMF market will fluctuate and weaken this week.
Market outlook
DMF analysts of SunSirs believe that the short-term market is still dominated by DMF prices, and the long-term market still needs to wait and see.
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