The DMF market rose in September

Price Trend

According to the data of business associations, the market of DMF in Shandong rose in September, with the average price of DMF at the beginning of the month being 4600.00 yuan/ton and at the end of the month being 4966.33 yuan/ton, an increase of 7.97%. Current prices are down 32.58% from last year.

II. Market Analysis

Products: DMF market rose this week. By the end of September, mainstream manufacturers in East China offered 5700-5800 yuan/ton, mainstream manufacturers in Guangdong offered 6000 yuan/ton and mainstream manufacturers in Shandong offered 5500 yuan/ton. Henan Junhua 30,000 tons/year plant parking overhaul has been restarted. The 100,000 tons/year DMF plant in Luxi Chemical Industry of Shandong Province stopped for maintenance on August 14 and restarted in the first ten days of October. The 30,000 tons/year DMF plant in Junhua, Henan Province stopped for maintenance on September 21. There is no news about the restart time. Shaanxi Yanxinghua has annual output of 100,000 tons/year DMF device 18 parking overhaul, restart time may be at the end of the month. Anyang, Henan Province, 9 days of annual production of 120,000 tons/year DMF device 26 due to Anhuan inspection parking, restart time after 11. DMF inventory is at a low level, the major DMF manufacturers have a positive mentality, have increased prices, double positive, DMF prices continue to rise.

Industry chain: The price of methanol in the upstream continues to rise. Influenced by crude oil, methanol futures and the expectation of methanol to olefin production, the methanol market has a positive trading atmosphere. Mainland enterprises have shipped smoothly, and the focus of market negotiations is constantly rising. At the beginning of the month, the price was 1994.00 yuan/ton, and at the end of the month, it was 2289.00 yuan/ton, an increase of 14.84%. The equipment start-up rate of domestic pulp mills has increased due to the influence of the peak season. The terminal orders of the main factories in the industry have increased, and the purchasing is active, which promotes the rise of DMF prices.

3. Future Market Forecast

Recently, the upstream methanol market was affected by the high price finishing before the end of the 11-long vacation. The downstream slurry enterprises were just in need of improvement driven by the peak season of the gold, silver and ten markets. In addition, the nine-day parking and maintenance in Anyang aggravated the decline rate of DMF inventory. Therefore, the DMF product analysts of business associations believed that the short-term DMF market consolidation was on the upward trend. Lord.