SunSirs: DMF Market Fluctuated Upwards, and the Price Rose

　　Price trend

　　According to the data monitored by SunSirs, as of October 18, the average price of domestic premium DMF was 18,200.00 RMB/ton, and the price of DMF fluctuated upward. Compared with the same period of last week, the price increased by 31.88%, a rapid increase.

　　Analysis review

　　The DMF market was trending upwards and prices continued to rise. The mainstream price range was 18,000 RMB/ton. DMF’s supply side was tight, the purchasing atmosphere was active, and the overall market was strong.

　　The mainstream price of upstream methanol was 4,480 RMB/ton, and it was operating stably.

　　Market outlook

　　SunSirs’DMF analysts believe that the DMF market will stabilize and consolidate to be strong in the short term.