According to the data monitored by the business community, as of September 30, the average quotation price of domestic premium DMF enterprises was 8850.00 yuan/ton. In September, the DMF price dropped significantly, 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. The price has an upward trend, which is expected to continue to be strong until the first ten days of October. At present, the mainstream price of DMF is 8400-8700 yuan/ton, and the price is mainly strong.

In early September, the average price quoted by domestic premium DMF enterprises as of September 7 was 10275.00 yuan/ton, down 3.29% compared with the price on September 1. DMF prices were mainly narrow and weak, and the overall market showed a downward trend. The mainstream price remained at about 10000 yuan/ton. As of September 6, the prices of upstream methanol enterprises in southern Shandong were concentrated around 2700 yuan/ton, while the local prices in Linyi were around 2760-2780 yuan/ton. The factory quotation of enterprises in the middle and east of Shandong is around 2680-2730 yuan/ton.

In the middle of September, as of September 19, the domestic DMF price continued to fall, 7.54% lower than the price on September 12, and the decline continued. The mainstream price range was 9500 yuan/ton. The atmosphere of transaction negotiation was general. The manufacturer gave up interest and took orders, and the shipment was slow. Downstream just needed to purchase.

In late September, as of September 27, the average price quoted by domestic premium DMF enterprises was 8850.00 yuan/ton, down 0.28% compared with the same period last week. The decline slowed and there was a rebound trend. The overall DMF market price was dominated by strong operation, and the mainstream price range was about 8800 yuan/ton.

Chemical commodity index: On September 29, the chemical index was 984 points, up 1 point from yesterday, down 29.71% from the cycle’s highest point of 1400 points (2021-10-23), and up 64.55% from the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

According to DMF analysts from Business Agency, the DMF market is expected to run strongly in October, stop falling and rebound, and continue to rise.