1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, as of December 17th, the average quotation price of domestic high-quality DMF enterprises was 3820 yuan/ton. Currently, the DMF supply is sufficient, and downstream essential procurement is the main focus. The demand is flat and difficult to improve.
2、 Cause analysis
Market wise: Currently, the DMF market is mainly operating at a weak price, with insufficient market benefits and lack of confidence among industry players. The overall market supply of DMF is sufficient, and inventory is mainly running at high levels. Inventory consumption is slow, and there is insufficient room for price increases.
In terms of methanol, the upstream methanol market is showing a stable to strong trend, with manufacturers’ shipments remaining stable and urgent needs being met. The focus of market negotiations is running smoothly, while methanol prices in the East China region are fluctuating. Operators are cautious in their operations, and high inventory still suppresses prices. The methanol market in Shanxi region is fluctuating, with all auctions being successful and the negotiation atmosphere still acceptable.
3、 Future forecast
DMF analysts from Shengyi Society believe that in the short term, DMF prices will mainly remain stable, with high inventory levels suppressing price increases, resulting in a clear oversupply situation and slow inventory consumption.
| http://www.thiourea.net |