Weak operation of China’s domestic DMF market (10.21-10.25)

I. price trend

 

 

According to the data monitored by the business association, as of October 25, the quotation range of domestic top-grade DMF enterprises is 5500-5700 yuan / ton, the quotation of manufacturers on October 21 is 5600 yuan / ton, the quotation of manufacturers on October 25 is 5500 yuan / ton, with an overall decline of 1.79%, and the DMF market is slightly down.

 

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II. Market analysis

 

Products: domestic DMF market weak consolidation. It is reported that new products will be produced today after the restart of the plant in Shandong Province, and more attention will be paid to the new quotation. Other plants are stable and the inventory consumption is slow. The downstream market demand is reduced, some factories still keep a wait-and-see attitude, waiting for the market to further clarify, the domestic DMF market is weak, and pay attention to the new market guidance. As of October 21, Shandong Hualu Hengsheng dmf5700 yuan / ton, Henan Junhua dmf5500 yuan / ton, Zhejiang Jiangshan chemical dmf5400 yuan / ton, Anyang Jiutian dmf5400 yuan / ton, Yanchang Xinghua dmf5350 yuan / ton, Shandong Jinmei daily and monthly dmf5300 yuan / ton.

 

III. Market Analysis

 

Products: Jiangsu and Zhejiang regions maintain rigid procurement, South China region has light trading and investment, the enthusiasm of the industry to enter the market is not good, waiting for the price to fall to the psychological level, the overall demand side shrinks, and the market situation remains stagnant.

 

IV. future forecast

 

According to DMF analysts of business agency, in the short term, DMF price consolidation and operation are the main factors, while the long-term market still needs to wait and see.

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