1、 Price trend
According to the data monitored by the business agency, the average price of domestic premium DMF enterprises as of May 18 was 4800.00 yuan / ton, down 2.7% compared with the same period last week. This week, the domestic DMF was weak.
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2、 Market analysis
Product: this week’s weak DMF operation in China, slightly lower than last week’s price, this week’s price of Luxi Chemical Industry is 4450 yuan / ton, Zhangqiu daily and monthly price is 4550 yuan / ton, Hualu Hengsheng is 5400 yuan / ton, the factory’s price is slightly reduced, the factory’s shipment is stable operation, the downstream purchasing atmosphere is general, the market demand is poor, the on-site negotiation atmosphere is stagnant, and it is expected that this week’s weak operation.
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Industry chain: the upstream methanol has a strong wait-and-see attitude at the beginning of the week, the quotation is stable and the transaction atmosphere is general, the execution of contract is the main thing, the pressure on port inventory is not reduced, and the purchase atmosphere is cold.
Industry: on May 17, the chemical industry index was 638, the same as yesterday, 37.20% lower than 1016 (2012-03-13), the highest point in the cycle, and 6.69% higher than 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now).
4、 Future forecast
DMF analysts believe that the DMF market is expected to be weak in the short term. (the above prices are provided by the main DMF manufacturers all over the country and sorted out and analyzed by the business DMF analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)
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