SunSirs: On April 27th, the DMF Market Experienced a Narrow Decline

Price trend

According to data monitored by SunSirs, as of April 27th, the average price quoted by domestic high-quality DMF enterprises was 4,200 RMB/ton. Currently, the DMF market was in a state of supply-demand balance, with prices falling narrowly and dropping by 2.33% compared to the same period last week.

Analysis review

Recently, DMF prices have been declining narrowly, and the downstream demand for DMF procurement atmosphere was generally average. The reference for spot delivery price of DMF in the South China region was 4,300-4,350 RMB/ton in the Guangzhou market, with a downward trend in focus. The reference for bulk delivery price of DMF in the East China region was 4,200-4,350 RMB/ton in Jiangsu and 4,250-4,350 RMB/ton in Zhejiang.

Market outlook

DMF analysts from SunSirs believe that the DMF market is expected to operate to be weaker narrowly in the short term, and there is insufficient upward momentum for DMF in the short term.

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