Price Trend
According to data from business associations, the market of DMF was stable this week. The average price of DMF this week was 4433.33 yuan/ton, and the current price fell 17.39% compared with last year.
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II. Market Analysis
Products: DMF market is stable this week, mainstream manufacturers in East China quoted 4 450-4 575 yuan/ton, mainstream manufacturers in Guangdong at 4 600 yuan/ton. Anyang nine-day 120,000 tons/year DMF device stopped for overhaul on the evening of July 2. The overhaul time was about 17 days, and 30,000 tons/year device stopped for overhaul on June 13. The overhaul time was about 25 days. DMF has sufficient inventory and stable price.
Industry chain: The upstream methanol market was affected by macro and port inventory. The price at the beginning of the week was 2134.00 yuan/ton, and at the end of the week was 2100.00 yuan/ton, a decline of 1.57%. Domestic slurry manufacturer equipment start-up rate is general, maintain just need to purchase, DMF price is stable.
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3. Future Market Forecast
The upstream methanol market has been declining in recent days, and the downstream demand is general. Therefore, DMF product analysts of business associations believe that the short-term DMF market is mainly weak consolidation.
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