Price trend

According to the commodity market analysis system of SunSirs, as of February 11, the average price quoted by domestic high-grade DMF enterprises was 3,940 RMB/ton. The demand for DMF was insufficient, and the downstream market was shipping slowly. With the Spring Festival approaching, factories will soon be closed for holidays. As of February 11, the DMF market was mainly operating stably.

Market Analysis

Market Overview: The DMF market remained stable, with overall market capacity exceeding supply. Negotiations were focused on a steady pace, and there was insufficient upward pressure on prices.

Regarding methanol: In the upstream methanol market, demand from traditional downstream sectors was insufficient, inventory levels were high, and prices were under pressure.

Market outlook

According to analysts at SunSirs, DMF prices are expected to remain stable in the short term, with insufficient downstream demand leading to narrow price fluctuations.

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