There is limited trading space for domestic DMF in the off-season this week

According to the data monitored by the business agency, as of June 19, the average price of domestic premium DMF enterprises was 4783.33 yuan / ton. This week, the market of DMF was stable with little price change.

 

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This week, the domestic market of DMF keeps stable operation. DMF is coming in the off-season, with limited market negotiation space. At present, there is sufficient spot supply, on-demand purchase, on-demand purchase, and flat transaction atmosphere. As of June 19, the quotations of Luxi Chemical Industry Co., Ltd. are 4400 yuan / ton, Zhangqiu Riyue 4550 yuan / ton, Hualu Hengsheng 5400 yuan / ton, Anyang Jiutian 5300 yuan / ton, and Shaanxi Xinghua 4650 yuan / ton, with fierce competition among enterprises At present, the quotation of DMF in Zhejiang is 5000 yuan / ton, Guangdong 5100 yuan / ton and Jiangsu 4900 yuan / ton.

 

Upstream methanol: mainly based on early-stage contract orders, the overall transaction atmosphere is cold, the manufacturer’s quotation is stable, and the recent methanol market is mainly volatile. At present, the price range in Hebei Province is 1500-1550 yuan / ton, in Hunan Province is 1680-1700 yuan / ton, and in Fujian Province is 1430-1450 yuan / ton. The market is stable in the short term.

 

On June 18, the chemical industry index was 675, up 1 point from yesterday, down 33.56% from 1016 (2012-03-13), the highest point in the cycle, and up 12.88% from 598, the lowest point on April 8, 2020. (Note: cycle refers to 2011-12-01 to now).

 

DMF analysts believe that: in June, DMF off-season is coming, the overall supply and demand is weakening, and DMF is mainly weak in the short term. (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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