According to data monitored by Business Society, as of July 12th, the average price quoted by domestic premium DMF enterprises was 4625 yuan/ton. This week, the DMF price showed a narrow and weak trend, falling by 2.12% in the week. Currently, the mainstream price is around 4600 yuan/ton.
This week, the overall market performance of DMF is mainly weak, with prices falling by 2.12% compared to the same period last week. Currently, the mainstream price range is 4600.00 yuan/ton, and the downstream procurement atmosphere is average. Upstream cost support is insufficient, shipments are slow, manufacturers are giving up profits and taking orders, and inventory is running high.
Chemical Index: On July 11th, the chemical index stood at 807 points, an increase of 1 point compared to yesterday, a decrease of 42.36% from the highest point in the cycle of 1400 points (2021-10-23), and a rise of 34.95% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).
DMF analysts from Business Society believe that in the short term, the DMF market will operate steadily and weakly.
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