March 18 DMF market weak operation, poor demand

1、 Price trend

 

According to the data monitored by the business agency, as of March 18, 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: domestic DMF manufacturers still have inventory pressure, and they are actively shipping. With the release of public events, the delivery speed has increased. Early orders are mainly delivered, the number of new orders is limited, the downstream just needs to purchase is mainly, and the wait-and-see atmosphere is not reduced.

 

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Industry chain: the upstream methanol market negotiation is light, weak decline, most enterprises wait-and-see, overseas public events continue to curb demand, oil price plummeted nearly 4-year low, methanol shows weak decline in the short term.

 

Industry: on March 17, the chemical industry index was 680, down 2 points from yesterday, 33.07% from 1016 (2012-03-13), and 13.33% from 600, the lowest point 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 and downward 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.)

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