According to the data monitored by the business agency, as of November 5, the average price quoted by domestic premium DMF enterprises was 9166.67 yuan / ton. Since the beginning of November, DMF has entered a continuous downward trend. At present, the latest price statistics show that the price of DMF has decreased by 22.75% compared with that at the beginning of this month, with a drop of more than 2000 yuan / ton. Recently, DMF has been running in a weak position with limited space for decline.

In November, the domestic DMF market price fell sharply and continued to fall. Some manufacturers had a daily drop of nearly 2000 yuan / ton. In a short period of time, the drop was more than 2000 yuan / ton. At present, the slow shipment and the reduction of new orders and new quantity have led to high inventory pressure, dull purchasing atmosphere, normal operation of enterprises’ devices, and reduction of downstream demand. The focus of DMF market is not stable, and there is no return in the short term Turn the favorable conditions, continue to maintain weak operation, weak shock operation.

The upstream methanol inventory is general, the shipment is fair, the mentality is stable, and the price is tentatively rising. At present, East China and South China have a small rise, and the price in Northeast China is stable.

On November 4, the chemical index was 799, down 7 points from yesterday, 21.36% from the highest point 1016 (2012-03-13), and 33.61% higher than the lowest point 598 on April 8, 2020. (Note: period refers to 2011-12-01 to now)

DMF analysts believe that: the DMF market is currently running in a weak position, with a wide range of decline, and maintaining a downward trend in the short term. (the above prices are provided by major DMF manufacturers all over the country and analyzed by business DMF analysts for reference only. Please contact relevant manufacturers for more price details.)