On November 28, China’s domestic DMF market was weakly stable

I. price trend

 

Gamma PGA agriculture grade

According to the data monitored by the business association, as of November 28, the average price of domestic premium DMF enterprises was 4683.33 yuan / ton, and the price range of manufacturers was 4600-5000 yuan / ton.

 

II. Market analysis

 

Gamma PGA

Products: the market of DMF in China is weak and stable, and the focus of real order transaction is low. Anyang device is planned to gradually resume output on the 30th, and the supply side is expected to increase slowly. At present, the market negotiation range is not large, and the South China region maintains rigid demand and weak balance of supply and demand in a short time. As of November 28, BASF, Yangzi, Shandong Hualu Hengsheng, Zhejiang Jiangshan chemical, Yanchang Xinghua and Shandong Jinmei had 5200 yuan / ton, 5700 yuan / ton, 5300 yuan / ton, 4700 yuan / ton and 4600 yuan / ton, respectively.

 

Industry: on November 27, the chemical industry index was 743, up 1 point compared with yesterday, down 26.87% compared with the highest point 1016 (2012-03-13), and up 23.83% compared with the lowest point 600 on January 31, 2016. (Note: cycle refers to 2011-12-01 to now)

 

IV. future forecast

 

DMF analysts believe that in the short term, the price consolidation and operation of DMF will be dominant, and the long-term market still needs to wait and see

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