Price trend
According to the data monitored by SunSirs, as of September 8th, the average price of domestic premium DMF companies quotes at 14,900.00 RMB/ton, DMF prices stop falling and rebound, and DMF manufacturers prices rise, up 2.23% from the beginning of this week.
Analysis review
The DMF market continues to trend upwards, the inventory is not pressured, the negotiation atmosphere is positive, and the just-needed downstream purchase actively, and the mainstream price is about 15,000 RMB/ton. Foreign orders increase, contract orders ship smoothly, new orders increase slowly, and the DMF market is relatively strong in the short term. The upstream methanol quotation is temporarily stable, and the mainstream price is around 2,700 RMB/ton. The market price in various regions is mostly stable.
On September 7, the DMF Commodity Index was 244.26 points, an increase of 5.33 points from previous day, a decrease of 3.25% from the highest point in the cycle of 252.46 points (2021-08-29), and an increase of 263.43% from the lowest point of 67.21 points on February 21, 2016. (Note: Period refers to 2011-09-01 to present)
Market outlook
The DMF analyst of SunSirs believes that the DMF continues its strong trend, and the price will rise.
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