DMF market was weak (6.6-6.13)

According to data monitored by the Business Society, as of June 13th, the average price quoted by domestic premium DMF enterprises was 4850 yuan/ton, and the DMF price showed a narrow and weak trend, falling by 5.6% in the week. Currently, the mainstream price is around 4800 yuan/ton.

 

This week, the overall DMF market is mainly in a weak position. Since June, the DMF market has shown a continuous downward trend, with prices dropping by 5.6% compared to the same period last week. Currently, the mainstream price range is 4800.00 yuan/ton, and the downstream procurement atmosphere is average. Shipping is slow, and manufacturers are giving up on orders.

 

Chemical Index: On June 12th, the chemical index reached 820 points, a decrease of 4 points from yesterday, a decrease of 41.43% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 37.12% 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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