According to the data monitored by the business agency, as of December 17, the average quotation price of domestic premium DMF enterprises was 14775.00 yuan / ton. The DMF price fluctuated upward this week, up 2.6% compared with the same period last week, with an overall increase of about 300 yuan / ton. The DMF price will rise in the short term.

This week, the DMF market fluctuated upward, the price was strong and slightly upward, and the negotiation focus was high. Compared with the same period last week, the price increased by 2.6%, or about 300 yuan / ton. At present, the manufacturers have strong willingness to support the price, the negotiation focus is high, the operating rate is stable, and there is no pressure on inventory, so as to promote downstream follow-up procurement.

Upstream methanol: methanol market consolidation this week. The price fluctuation announced by major production enterprises in Northwest China this week is small, and there is no obvious fluctuation in the price of major production enterprises in Shandong. The port inventory increased, the inventory discharge of mainland enterprises and the downstream demand for formaldehyde weakened, and the market trading atmosphere was weak.

On December 17, the chemical index was 1102 points, down 1 point from yesterday, down 21.29% from the highest point of 1400 points in the cycle (2021-10-23), and up 84.28% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to the period from December 1, 2011 to now)

Business agency DMF analysts believe that: in the short term, the trend of DMF is strong and upward in a narrow range. (to know more about the latest industry market trends, welcome to pay attention to the official account of the business community, obtain commodity information, and grasp the price of commodities).