On December 17, China’s domestic DMF market was light and stable

I. price trend

 

According to the data monitored by the business association, as of December 17, the average price of domestic premium DMF enterprises was 4666.67 yuan / ton. The market of domestic DMF market was stagnant and the inventory pressure remained.

 

Gamma PGA

II. Market analysis

 

Products: the market of DMF in China is narrow, and the overall intention to support the market is still there. The delivery speed is slow. The atmosphere of waiting and watching is strong. The East China market just needs to be maintained, and the shortage of goods in the South China market is gradually alleviated.

 

On December 16, the rubber and plastic index was 674, the same as yesterday, down 36.42% from 1060 (2012-03-14), the highest point in the cycle, and up 17.01% from 576, the lowest point on December 21, 2015. (Note: cycle refers to 2011-12-01 to now)

 

IV. future forecast

 

DMF analysts think: short-term DMF market is weak and stable.

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