After the festival, the market price of DMF rises all the way and the inventory is in a hurry

According to the data monitored by the business agency, as of February 22, the average quotation price of domestic premium DMF enterprises was 9966.67 yuan / ton. After the festival, the price of DMF was on the market all the way, the negotiation atmosphere was positive, the enterprises resumed work and production, the shipment was smooth, and the logistics gradually recovered. The overall market showed a rising state.

 

Sulfamic acid 

The domestic DMF market focuses on high level operation, the inventory remains low, the supply of spot goods is tight, the factory negotiation price is not high, after the festival, the demand has increased, the downstream follow-up is positive, the mainstream methanol around Shijiazhuang in the upstream is stable to 2000-2100 yuan / ton, the overall market is stable and rising, the current reference price of DMF is 10000-10150 yuan / ton in East China market, 10300-10500 yuan / ton in South China market.

 

On February 21, the chemical industry index was 924 points, unchanged from yesterday, down 9.06% from 1016 points (2012-03-13), the highest point in the cycle, and up 54.52% from 598 points, the lowest point on April 8, 2020. (Note: period refers to the period from December 1, 2011 to now)

 

Business agency DMF analysts believe that: all enterprises return to work, return after the festival, the market atmosphere is positive, and maintain the upward trend in the short term.

http://www.sulfamic-acid.com

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