DMF inventory runs at a high level and prices remain stable

1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, as of February 11th, the average price quoted by domestic high-quality DMF enterprises was 3940 yuan/ton. Currently, there is insufficient demand in the DMF market, and downstream market shipments are slow approaching the Spring Festival. Factories are about to take a holiday, and the DMF market is mainly operating steadily.
2、 Cause analysis
In terms of the market, the DMF market is mainly operating steadily, with overall overcapacity in the market. The focus of negotiations is stable, but there is insufficient motivation for price increases.
Regarding methanol: In the upstream methanol market, traditional downstream demand is insufficient, inventory is running at high levels, and prices are mainly under pressure.
3、 Future forecast
DMF analysts from Shengyi Society believe that in the short term, DMF prices will mainly remain stable, with insufficient downstream demand and narrow price fluctuations.