According to data monitored by the Business Society, as of August 24th, the average price quoted by domestic premium DMF enterprises was 4700 yuan/ton. This week, DMF prices remained stable, with mainstream prices currently around 4700 yuan/ton.

This week, the overall DMF market saw a narrow upward trend, with prices mainly stable compared to the same period last week. Currently, the mainstream price range is 4700.00 yuan/ton, and the downstream procurement atmosphere is average. Upstream cost support is insufficient, and shipments are slow. Manufacturers are offering discounts and taking orders, resulting in high inventory levels.

Chemical Index: On August 23, the chemical index stood at 896 points, an increase of 1 point compared to yesterday, a decrease of 36.00% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 49.83% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Business Society DMF analysts believe that in the short term, the DMF market will operate steadily with a stronger trend.