Price trend
According to data monitored by SunSirs, as of February 19th, the average quotation price of domestic high-quality DMF enterprises was 4,300 RMB/ton. As of February 19th, the DMF market price has risen slightly, indicating a stronger overall market operation.
Analysis review
DMF prices were narrowly stronger. As of February 19th, downstream demand for DMF was average, with rigid procurement being the main focus. Market prices tended to be stronger, with reference to spot delivery prices of 4,400 RMB/ton in Shandong and surrounding areas, and around 4,500 RMB/ton in Jiangsu and Zhejiang regions.
Market outlook
DMF analysts from SunSirs believe that the DMF market is expected to operate to be stronger in the short term, with a slight increase in prices.
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