The DMF market is mainly narrowly weakening (1.5-1.12)

According to data monitored by Business Society, as of January 12th, the average price quoted by domestic premium DMF enterprises was 4750.00 yuan/ton. This week, the DMF price fell by 2.06%, and the overall trend is stable but weak. Currently, the mainstream price is around 4700 yuan/ton, and the overall market supply and demand are balanced.

 

This week, the overall DMF market is mainly operating in a narrow and weak range, with prices falling by 2.06% compared to the same period last week. Currently, the mainstream price range is 4700.00 yuan/ton, and the downstream procurement atmosphere is cold and the negotiation atmosphere is poor. The upstream cost support is weak, and there is a lack of positive support. Currently, manufacturers are operating under pressure, with manufacturers mainly offering discounts and taking orders, resulting in slow shipments.

 

Chemical index: On January 11th, the chemical index was 867 points, a decrease of 4 points from yesterday, a decrease of 38.07% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 44.98% from the lowest point of 598 points on April 8th, 2020. (Note: The cycle refers to 2011-12-01 present).

 

Business Society DMF analysts believe that in the short term, the DMF market will maintain a stable, medium to strong operation, with prices remaining around 4800 yuan/ton.

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