According to the data monitored by the business community, as of November 4, the average price quoted by the domestic premium DMF enterprises was 6850.00 yuan/ton, down 1.44% compared with the same period last week. The overall DMF market price is mainly narrow and weak, and the price is weak and declining. At present, the operating rate is stable, the overall procurement atmosphere is general, and the negotiation atmosphere is insufficient.

The domestic DMF price is weak and declining. At present, the mainstream price range is 7000.00 yuan/ton, which continues to decline compared with the same period last week. The overall market negotiation atmosphere is cold, the manufacturers give up profits and take orders, the shipment is smooth, the operating rate is stable, and the downstream just needs to purchase.

Chemical commodity index: On November 3, the chemical index was 952 points, unchanged from yesterday, 32.00% lower than the cycle’s highest point of 1400 points (2021-10-23), and 59.20% higher than the lowest point of 598 points on April 8, 2020. (Note: the cycle refers to the period from December 1, 2011 to the present).

The DMF analyst of Business Agency believes that the DMF market will maintain a weak operation in the short term.