According to the Commodity Market Analysis System of the Business Society, as of May 19th, the average price quoted by domestic top grade DMF enterprises was 5350 yuan/ton, a slight decrease of 0.93% compared to the same period last week. Currently, the overall market supply and demand are balanced, and the overall market is operating in a narrow and weak range, with smooth shipments.

The trend of DMF this week is weak, with a slight decline in prices compared to the same period last week. Currently, the purchasing atmosphere is average, with the mainstream price range of around 5400 yuan/ton. The operating rate is currently stable, and the overall market supply and demand are balanced. Downstream purchases are made on demand, with merchants offering discounts and taking orders, and shipments are normal.

Chemical Index: On May 18th, the chemical index stood at 875 points, a decrease of 3 points from yesterday, a decrease of 37.50% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 46.32% from the lowest point of 598 points on April 8, 2020. (Note: The cycle refers to the period from December 1st, 2011 to the present).

Business Society DMF analysts believe that in the short term, DMF will mainly operate stably, with a narrow range and weak operation.