1、 Price trend

According to data monitored by Business Society, as of April 22, the average price quoted by domestic premium DMF enterprises was 4730 yuan/ton. DMF prices have remained stable this week, with no significant changes compared to the same period last week. Currently, the mainstream price is around 4700-4800 yuan/ton, and the overall market supply and demand is balanced. Enterprises mainly offer discounts and take orders, with smooth logistics and stable negotiation focus.

2、 Market analysis

This week, the overall market price of DMF has remained stable, with limited fluctuations compared to the same period last week. Currently, the mainstream price range is between 4700-4800 yuan/ton, and manufacturers are actively shipping with smooth logistics. Currently, there is some support for the cost of DMF, and it will continue to operate steadily with a moderate to strong trend in the near future. Downstream enterprises require procurement and operation.

Chemical index: On April 21, the chemical index was 862 points, unchanged from yesterday, a decrease of 38.43% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 44.15% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to 2011-12-01 present).

3、 Future Market Forecast

Business Society DMF analysts believe that in the short term, the DMF market will maintain a stable, medium to strong operation, with mainstream prices maintained at 4700-4800 yuan/ton.