In June, the DMF market was narrow and strong

According to the data monitored by the business club, as of June 29, the average price quoted by domestic premium DMF enterprises was 12700.00 yuan / ton. In June, the price of DMF was narrow and strong. From 12550 yuan / ton at the beginning of the month to 12700 yuan / ton at the end of the month, the price at the beginning of the month increased by 1.2% compared with that at the end of the month, or about 100 yuan / ton. As a whole, the price in June was narrow, and the mainstream price range was 12500-12700 yuan / ton.

 

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From June 13 to June 20 in the first ten days of June, the domestic DMF price was weak, the mainstream price range was 12500-13000 yuan / ton, the transaction atmosphere was ok, the negotiation atmosphere was positive, the manufacturers shipped smoothly, the downstream just needed to purchase, the logistics was smooth, and the upstream methanol: the average price of the domestic methanol market was 2715 yuan / ton. Recently, the oil price fell, and the methanol futures market of plastics, PP and other commodities fell. In terms of spot, the production cost of methanol has weakened slightly, but the fundamentals have not changed significantly. The domestic methanol market may be stable in the near future.

 

In the middle of June, the domestic DMF price operated smoothly. At present, the mainstream price range is 12500-13000 yuan / ton. The transaction atmosphere is acceptable, the negotiation atmosphere is positive, the manufacturers’ shipment is smooth, the downstream just needs to purchase, and the logistics is smooth. Upstream methanol: as of June 20, the domestic methanol market fluctuated in a narrow range. The price was relatively higher, rising first and then falling. The main reason was that the market demand improved and the receiving price rose. However, after the methanol futures fell in the middle of the week, the trading atmosphere became weaker, and the atmosphere of the domestic methanol spot market was light, and the price fell slightly.

 

From late June to June 23, the domestic DMF price has been running smoothly. At present, the mainstream price range is 12500-13000 yuan / ton, the transaction atmosphere is acceptable, the negotiation atmosphere is positive, the manufacturer’s shipment is smooth, the downstream just needs to purchase, and the logistics is smooth. Upstream methanol: as of June 20, the domestic methanol market fluctuated in a narrow range. The price was relatively higher, rising first and then falling. The main reason was that the market demand improved and the receiving price rose. However, after the methanol futures fell in the middle of the week, the trading atmosphere became weaker, and the atmosphere of the domestic methanol spot market was light, and the price fell slightly.

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Chemical commodity index: on June 28, the chemical index was 1165 points, down 4 points from yesterday, down 16.79% from the highest point of 1400 points in the cycle (2021-10-23), and up 94.82% from the lowest point of 598 points on April 8, 2020. (Note: the period refers to 2011-12-01 to now).

 

According to the analysts of business agency DMF, it is expected that the DMF market will operate stably in July, with a narrow range of strong operation. (if you want to know more about the latest market trends of the industrial chain, please pay attention to the official account of the business club to obtain commodity information and master commodity prices)

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