1、 Price trend
According to the data monitored by the business agency, as of March 23, the average price of domestic premium DMF enterprises was 4900.00 yuan / ton, and the market of domestic DMF was weak.
2、 Market analysis
Products: the domestic DMF market maintains weak operation, the market mentality is slightly stable, the upstream and downstream two-way support is insufficient, the site is lack of favorable conditions, there is still pressure on the delivery of DMF factory, traders watch carefully, the downstream just needs to purchase, and the demand is slow to follow up. The operation of the supplier’s plant equipment is more stable, the load of individual insured price reduction is slightly lower, the trading atmosphere in the mainstream market is light, the low price bidding is still in existence, the actual transaction situation is less than the working day, and the downstream plant part of the contract delivery, maintain the majority of the production just needed.
Industry chain: methanol in the upstream is operated cautiously due to different prices. Some enterprises in the downstream continue to wait and see. The mentality of the enterprise lacks support.
Industry: on March 22, the chemical industry index was 664 points, which was the same as yesterday. It was 34.65% lower than the highest point in the cycle, 1016 points (2012-03-13), and 10.67% higher than the lowest point, 600 points, on January 31, 2016. (Note: cycle refers to 2011-12-01 to now)
4、 Future forecast
DMF analysts believe that the short-term DMF market maintains a weak operation. (the above prices are provided by the main DMF manufacturers all over the country and sorted out and analyzed by the business DMF analysts for reference only. For more details, please contact the relevant manufacturers for consultation.)