SunSirs: The Domestic DMF Market Was Weak and Stable on November 28
November 29 2019 11:03:21 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, as of November 28, the average price of domestic premium DMF was 4683.33 RMB/ton, and the price range of manufacturers was 4600-5000 RMB/ton.
Analysis review
Product: The domestic DMF market is weak and stable, and the focus of actual orders is low. Anyang unit plans to gradually resume output on November 30th, and the supply side is expected to increase slowly. At present, the market negotiation range is not large, and the South China area maintains rigid demand, and the short-term supply and demand is weak balance. As of November 28, Yangtze BASF 5200 RMB/ton, Shandong Hualu Hengsheng DMF5700 RMB/ton, Zhejiang Jiangshan Chemical DMF5300 RMB/ton, Xinghua DMF4700 RMB/ton, Shandong Jinmei DMF 4600 RMB/ton.
Industrial: The chemical index on November 27 was 743 points, an increase of 1 point from the previous day, a decrease of 26.87% from the highest point of the cycle at 1016 points (2012-03-13), and an increase of 23.83 from the lowest point of 600 on January 31, 2016. %. (Note: Period refers to 2011-12-01 to present)
Market outlook
Analysts of DMF from SunSirs analysts believe that: in the short term, DMF prices are consolidating and operating, and the long-term market still needs to wait and see.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
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