According to the data monitored by the business agency, as of March 10, the average quotation price of domestic premium DMF enterprises was 10300.00 yuan / ton. The price of domestic DMF was stable and the overall trend was stable, with an increase of 0.65% compared with the same period last week and 6.55% compared with the same period last month. The negotiation atmosphere was flat. At present, the shipment is smooth and the supply side is normal.

The domestic DMF market has a stable center of gravity, high price, stable operation of the overall market, high factory negotiation price, poor downstream demand, overall market negotiation, and stable upstream methanol market. The current reference price of DMF is 10300-10450 yuan / ton in East China market and 10550-10650 yuan / ton in South China market.

On March 9, the chemical industry index was 1045 points, up 7 points from yesterday, reaching a record high in the cycle, up 74.75% from 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

Business agency DMF analysts believe that: in the short term, the focus of negotiation is weak, the rising trend is slowing down, and the downstream demand is insufficient, so the possibility of price reduction is not ruled out. (to know more about the latest market dynamics of the industry chain, welcome to pay attention to the official account of the business community, help enterprises to operate, help stock investment, help futures investment, log in the business community’s small programs, release commodity prices, promote promotional products, obtain commodity information, and grasp commodity prices).