DMF prices continue to decline in 2022, and the annual decline is 64.31%

As of December 21, the DMF market continued to decline in 2022, with a decline of 64.31% throughout the year. The high price at the beginning of the year was 15900 yuan/ton, and the low price in December was 5675 yuan/ton. The DMF market will continue to decline in 2022, with the downstream industrial chain running slowly and demand support weak.

 

In the first quarter, the DMF market rose and fell. The price peaked in February, at 16575.00 yuan/ton. The price remained relatively high. In March, the price began to fall. At the end of March, the DMF price was 14550 yuan/ton, down 8.49% in the first quarter. In March, the DMF price mainly declined, down 8.12% from the same period in February, down 1300 yuan/ton.

 

In the second quarter of April, the DMF market still maintained a downward trend. As of April 26, the average price quoted by domestic premium DMF enterprises was 13250.00 yuan/ton, down 8.63% compared with the beginning of April, 9.86% compared with the same period in March, and the mainstream price was 13200 yuan/ton. In May, the DMF price fluctuated, rising and falling. In early May, the price rose, and in late May, the price fell. Near the end of the month, the price recovered. At present, the mainstream price is 12600 yuan/ton, In June, the DMF price was relatively narrow and strong. From 12550 yuan/ton at the beginning of the month to 12700 yuan/ton at the end of the month, the price at the beginning of the month rose by 1.2% compared with the end of the month, with an increase of about 100 yuan/ton. As a whole, the price in June was narrow, and the mainstream price range was 12500-12700 yuan/ton.

 

In the third quarter, DMF prices started to run in a narrow and weak range in July. From 12500 yuan/ton at the beginning of the month to 11250 yuan/ton at the end of the month, the overall price in July fell by 10%, and the mainstream price range was 10500 yuan/ton. In August, the price still fell mainly. As of August 31, the average price quoted by domestic premium DMF enterprises was 10625.00 yuan/ton, from 12500 yuan/ton at the beginning of the month to 10625 yuan/ton at the end of the month. The overall price in August was weak, with an overall decline of 5.56%, The mainstream price range is 10500 yuan/ton. In September, the DMF price dropped sharply, from 10625 yuan/ton at the beginning of the month to 8850 yuan/ton at the end of the month. The overall decline in September reached 16.71%. At the end of September, the DMF price stopped falling and rebounded, with a rising trend.

 

The fourth quarter entered October. As of October 26, the average quotation price of domestic premium DMF enterprises was 7175.00 yuan/ton. The price of DMF fell in October, from 8850 yuan/ton at the beginning of the month to 7175 yuan/ton at the end of the month. The overall decline in October was 18%. At the end of October, the price of DMF had an upward trend and a strong trend. The price in November was still declining. The price of DMF in November showed a weak downward trend, down 18.12% compared with the same period in October, with a monthly decline of 1300 yuan/ton, The weekly drop was 800 yuan/ton. In December, the DMF market stopped falling and rebounded, and the price rose. As of December 21, the DMF price is easy to rise but hard to fall. The rise may last until the beginning of 2023.

 

In 2022, DMF has been going all the way for a full year, and the price has reached a low point. At the end of the year, DMF shows signs of stopping falling and rebounding. At present, the industry is not active, and the operating rate remains low, but it is still unable to reverse the downturn. Demand is lack of support, logistics is seriously stranded, and shipment is slow. At present, the DMF market has a rising trend, and manufacturers are operating at a high price, which is easy to rise but difficult to fall in the short term. It is expected that the DMF price will rise in 2023.

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