1、 Price trend
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According to data monitored by Shengyi Society, as of March 14th, the average quotation price of domestic high-quality DMF enterprises was 4210 yuan/ton. Currently, the DMF market price is mainly stable, with overall market stability and small fluctuations.
2、 Market analysis
This week, DMF prices have remained stable. Currently, there is insufficient demand for DMF downstream, with downstream essential purchases being the main focus. The purchasing atmosphere is average, and the overall market supply and demand are balanced. The spot delivery price for DMF in Shandong and surrounding areas is around 3900-4000 yuan/ton, while in Jiangsu and Zhejiang areas it is around 4200 yuan/ton.
3、 Future forecast
DMF analysts from Shengyi Society believe that the DMF market is expected to maintain stable operation in the short term, with insufficient driving force for price increases.
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