According to data monitored by the Business Society, as of August 14th, the average price quoted by domestic premium DMF enterprises was 4700 yuan/ton. This week, the DMF price rose narrowly, rising by 0.53% in one week. Currently, the mainstream price is around 4700 yuan/ton.

This week, the overall DMF market saw a narrow upward trend, with prices increasing by 0.53% compared to the same period last week. Currently, the mainstream price range is 4700.00 yuan/ton, and the downstream procurement atmosphere is average. The upstream cost support is insufficient, and shipments are slow. Manufacturers are giving up profits and taking orders, resulting in high inventory levels.

Chemical Index: On August 13th, the chemical index stood at 874 points, unchanged from yesterday, a decrease of 37.57% from the cycle’s highest point of 1400 points (2021-10-23), and an increase of 46.15% 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, the DMF market will operate steadily with a stronger trend.