1、 Price trend

According to data monitored by Shengyi Society, as of July 12th, the average quotation price of domestic high-quality DMF enterprises was 4250 yuan/ton. This week, the DMF market price was mainly weak, with an overall price drop of 2.07%. Currently, the mainstream price is around 4300 yuan/ton, and the overall market supply and demand are balanced. Enterprises mainly offer discounts and take orders, and the overall market negotiation focus is stable.

2、 Market analysis

This week, the overall market price of DMF is mainly running in a narrow and weak range, with a narrow downward trend in prices. Currently, downstream demand is poor, with a mainstream price range of 4300/ton. Manufacturers are actively shipping and logistics are smooth, but downstream demand is weak. Currently, the cost side of DMF is slightly supported, and it will maintain a stable, medium, and strong operation in the near future. Downstream enterprises purchase against rigid demand.

3、 Future forecast

DMF analysts from Shengyi Society believe that the DMF market will maintain its current trend in the short term, with mainstream prices remaining at 4700-4800 yuan/ton.