1、 Price trend

According to the data monitored by the business association, as of May 22, the average price of domestic premium DMF enterprises was 4800.00 yuan / ton, and the recent domestic DMF operation was weak.

2、 Market analysis

Products: Recently, domestic DMF is in weak operation. Luxi Chemical Co., Ltd. offers 4450 yuan / ton, Zhangqiu daily and monthly 4550 yuan / ton, Hualu Hengsheng 5400 yuan / ton. The shutdown of Jiangshan plant in Zhejiang Province has some favorable effects on the DMF market. The firm price intention of the factory is obvious, the downstream demand is general. There is a certain pressure on the high level of DMF inventory, and the factory actively delivers goods, but the transaction atmosphere is general.

Industry chain: the upstream methanol manufacturers’ quotation is stable based on the execution of contract orders, and the domestic methanol market is mainly fluctuating in a short period of time. At present, the mainstream quotation of methanol is 1630-1690 yuan / ton.

Industry: on May 21, the chemical industry index was 643, up 1 point from yesterday, down 36.71% from 1016 (2012-03-13), and up 7.53% from 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now)

3、 Future forecast

DMF analysts believe that the DMF market is expected to be weak in the short term. (the above prices are provided by major DMF manufacturers across the country and analyzed by business DMF analysts. For reference only, please contact the relevant manufacturers for more details.)