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Commodity News

SunSirs: DMF Market Price Was Stable and Stronger (January6-13)

January 17 2023 10:34:02     SunSirs (John)

Price trend

According to the data monitored by SunSirs, as of January 13, the average price of premium DMF quoted by domestic enterprises was 5,675.00 RMB/ton, an increase of 1.34% compared with the same period last week. In the short term, DMF is mainly strong, the supply side is stable, and the purchasing atmosphere is general.

Analysis review

This week, the domestic DMF price is mainly strong. As of the 13th, the mainstream DMF price range was 5,600.00 RMB/ton. This week, the DMF market price was increased by 1.34%. The operating rate was mainly stable, the downstream purchased just in needed, and the logistics was slowly. The manufacturer gave up the profit for shipment. The manufacturer's latest DMF quotation: Shandong Jinshengyun Chemical Co., Ltd. 5,500 RMB/ton, Jinan Qichen Chemical Co., Ltd. 5,600 RMB/ton, Jinan Baida Chemical Co., Ltd. 5,600 RMB/ton, Liaocheng Yuanze Chemical Products Co., Ltd. 5,600 RMB/ton, Shandong Lincheng Chemical Products Co., Ltd. 5,600 RMB/ton, Shandong Oriental Chemical Technology Co., Ltd. 5,600 RMB/ton.

Chemical commodity index: On January 12, the chemical index was 910 points, down 2 points from the previous day, down 35.00% from the highest point of 1,400 points in the cycle (2021-10-23), and up 52.17% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

Market outlook

DMF analysts from SunSirs believe that the DMF market is expected to operate in a stable and stronger manner in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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