According to data monitored by Business Society, as of August 29th, the average price quoted by domestic premium DMF enterprises was 5100 yuan/ton. This week, DMF prices have mainly increased, with mainstream prices currently around 5200 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 28th, the chemical index stood at 917 points, an increase of 10 points compared to yesterday, a decrease of 34.50% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 53.34% from the lowest point of 598 points on April 8th, 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.