1、 Price trend

According to data monitored by Shengyi Society, as of February 19th, the average quotation price of domestic high-quality DMF enterprises was 4300 yuan/ton. Currently, the DMF market price has risen slightly, indicating a strong overall market operation.

2、 Market analysis

DMF prices are narrow and strong, with a small European style. Currently, downstream demand for DMF is average, with rigid procurement being the main focus. Market prices tend to be strong, with reference to spot delivery prices of 4400 yuan/ton in Shandong and surrounding areas, and around 4500 yuan/ton in Jiangsu and Zhejiang regions.

3、 Future forecast

DMF analysts from Shengyi Society believe that the DMF market is expected to operate strongly in the short term, with a slight increase in prices.