According to the data monitored by the business community, as of July 29, the average quotation price of domestic premium DMF enterprises was 11250.00 yuan / ton. The DMF price in July was narrow and weak, from 12500 yuan / ton at the beginning of the month to 11250 / ton at the end of the month. The overall price in July was weak, and the mainstream price range was 10500 yuan / ton.

From the first ten days of July to July 12, the domestic DMF price has been running smoothly. At present, the mainstream price range is 10500-11000 yuan / ton. The transaction atmosphere is acceptable, the negotiation atmosphere is positive, the manufacturer’s shipment is smooth, the downstream just needs to purchase, and the logistics is smooth.

Upstream methanol: on July 11, the average price of domestic methanol market was 2397 yuan / ton, down 2.80% from the previous trading day and 5.33% year-on-year. On July 11, methanol futures in Zhengzhou Commodity Exchange were weak and volatile. The main contract ma2209 closed at 2401 yuan / ton at the end of the day, down 84 yuan / ton or 5.40% from the closing of the previous trading day, leading the futures commodity market on the day. In terms of spot goods, at present, the supply side of methanol is abundant, and the demand side is relatively low, so it is difficult to have a significant opening in the short term. In the short term, the domestic methanol market continued to be depressed, mainly finishing.

From mid July to July 19, the domestic DMF price has been running smoothly. At present, the mainstream price range is 11000-12000 yuan / ton, the transaction atmosphere is acceptable, the negotiation atmosphere is positive, the manufacturer’s shipment is smooth, the downstream just needs to purchase, and the logistics is smooth. Upstream methanol: the domestic methanol market was in a downturn, and the decline slowed down. The receiving price in northern Shandong, the main end market, is down synchronously, and the inventory of raw materials in local downstream factories is high, causing serious vehicle crushing.

From late July to July 19, the domestic DMF price has been running smoothly. At present, the mainstream price range is 11000-12000 yuan / ton. The transaction atmosphere is acceptable, the negotiation atmosphere is positive, the manufacturer’s shipment is smooth, the downstream just needs to purchase, and the logistics is smooth.

Chemical commodity index: on July 28, the chemical index was 996 points, down 3 points from yesterday, down 28.86% from the highest point of 1400 points in the cycle (2021-10-23), and up 66.56% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

According to the analysts of business agency DMF, it is expected that the DMF market will operate stably in August, with a narrow range of strong operation. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business club to obtain commodity information and master commodity prices)