SunSirs: DMF Market Prices Remained Stable on September 12th

https://www.chemnet.com   Sep 13,2024 SunSirs

Price trend     

According to data monitored by SunSirs, as of September 12th, the average quotation price of domestic high-quality DMF enterprises was 4,080 RMB/ton. This week, the DMF market price remained stable, with prices remaining stable compared to the same period last week. As of September 12th, the overall market center was running low and inventory was running high. The mainstream market price was around 4,000 RMB/ton, and downstream markets were not actively stocking up, with rigid procurement being the main focus.

Analysis review

The overall market price of DMF was stable with a weak focus on transportation, with prices maintained at around 4,000 SunSirs. As of September 12th, downstream demand was poor, and essential purchases were the main focus. The mainstream price range was 4,000 SunSirs, and manufacturers were offering discounts and taking orders with a cautious wait-and-see attitude. Downstream essential purchases were the main focus. As of September 12th, DMF cost support was insufficient, and inventory was running at a high level. Latest quotes from manufacturers: Jinan Aochen Chemical Co., Ltd. 4,500 RMB/ton, Shandong Jinshengrun Chemical Co., Ltd. 3,700 RMB/ton, Shanghai Minyu New Material Technology Co., Ltd. 3,900 RMB/ton.

Market outlook

DMF analysts from SunSirs believe that DMF is expected to maintain its current trend in the short term, with stable prices and weaker operations as the main trend. The mainstream price is around 4,000 RMB/ton.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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