1、 Price trend
According to the data monitored by the business association, as of February 17, Zhejiang Province had 5350 yuan / ton, Guangdong Province 5550 yuan / ton, Jiangsu Province 5375 yuan / ton, Luxi Chemical Industry 4800 yuan / ton, Hualu Hengsheng 5200 yuan / ton, Zhangqiu daily and monthly 4900 yuan / ton. Affected by the coronavirus epidemic, the market transactions in each region were average, and the logistics and transportation were severely restricted.
ferrous fumarate price |
2、 Market analysis
Products: the domestic DMF market is in weak operation, the parking device in the early stage has not been returned to work, a small number of orders from the factory have been delivered for transportation, the atmosphere of on-site order inquiry has been slightly eased, and traders are still in a strong wait-and-see mood.
Ferrous Fumarate |
Industrial chain: the situation of downstream market return is limited, part of Jiangsu and Zhejiang are smooth in transportation, the recovery of intensive enterprises is limited, the demand in South China is sporadic, and the overall demand in the downstream is insufficient.
Industry: on February 16, the chemical industry index was 720, the same as yesterday, down 29.13% from 1016 (2012-03-13), the highest point in the cycle, and up 20.00% from 600, the lowest point on January 31, 2016. (Note: cycle refers to 2011-12-01 to now)
4、 Future forecast
DMF analysts think: domestic DMF market is weak.
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