According to data monitored by the Business Society, as of July 27th, the average price quoted by domestic premium DMF enterprises was 4725 yuan/ton. This week, the DMF price rose narrowly, with a weekly increase of 3.85%. Currently, the mainstream price is around 4700 yuan/ton.

This week, the overall DMF market saw a narrow upward trend, with prices increasing by 3.85% compared to the same period last week. Currently, the mainstream price range is 4700.00 yuan/ton, and the downstream procurement atmosphere is average. 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 July 26th, the chemical index stood at 834 points, an increase of 4 points compared to yesterday, a decrease of 40.43% from the highest point in the cycle of 1400 points (2021-10-23), and an increase of 39.46% from the lowest point of 598 points on April 8th, 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.