Price trend
According to the commodity price analysis system of SunSirs, as of January 28th, the average quoted price of premium DMF in the domestic market was 3,940 RMB/ton. As of January 28th, the DMF market demand was weak, with downstream buyers mainly purchasing for immediate needs. The overall market was fluctuating at a low level, lacking positive support.
Cause Analysis
Market aspects: Overcapacity and oversupply were putting pressure on prices. However, plant maintenance, high industry concentration, and production cuts by some manufacturers due to environmental regulations or equipment problems were leading to temporary supply shortages.
Methanol: Supply-Demand Imbalance: Both production capacity and imports were increasing on the supply side, while traditional downstream demand (such as MTO) was weak, and emerging demand (such as fuel) was still developing. This had led to high inventory levels and downward pressure on prices. Price Trend: In 2025, prices fluctuated downwards, with the average spot price at the end of the year falling by more than 15% compared to the beginning of the year. In early 2026, prices experienced a short-term rebound due to geopolitical factors (such as the situation in Iran), but the extent of the rebound was limited by high inventory levels and insufficient demand.
Market outlook:
According to SunSirs' DMF analyst, DMF prices are expected to remain stable in the short term, with only minor fluctuations.
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