1、 Price trend

According to data monitored by Shengyi Society, as of October 22, the average quotation price of domestic high-quality DMF enterprises remained stable and upward at 4220 yuan/ton compared to the same period last week, with a price increase of 0.96% compared to the same period last week. Currently, the overall market focus is stable, and overall market shipments are slow. The mainstream market price is around 4200 yuan/ton, and downstream market stocking is not active, with rigid procurement being the main focus.

2、 Market analysis

This week, the overall market price of DMF remained stable, with prices maintained at around 4200 yuan per ton. Currently, downstream demand is still acceptable, with essential purchases being the main focus. Manufacturers offer discounts and place orders, with the mainstream price range being around 4100 yuan per ton. Manufacturers offer discounts and place orders, with a strong cautious and wait-and-see attitude. Downstream essential purchases are the main focus. Currently, DMF cost support is insufficient, and inventory is running at a high level.

3、 Future forecast

DMF analysts from Shengyi Society believe that DMF is expected to maintain its current trend in the short term, with mainstream prices around 4200 yuan/ton and insufficient upward momentum.