December 19: China’s domestic DMF market digestion and consolidation operation

1、 Price trend

 

According to the data monitored by the business association, as of December 19, the average price of domestic premium DMF enterprises was 4666.67 yuan / ton, and the price range of manufacturers was 4500-5000 yuan / ton.

 

PVA 0599 (PVA BF05)

2、 Market analysis

 

Products: as of December 19, the domestic DMF market is basically stable, the manufacturer’s quotation is stable, the atmosphere of trade and negotiation is flat, the upstream and downstream remain stagnant, the terminal demand is general, Anyang Jiutian 4800 yuan / ton, Yangzi BASF dmf5200 yuan / ton, Zhejiang Jiangshan chemical dmf5300 yuan / ton, Yanchang Xinghua dmf4700 yuan / ton, Shandong Jinmei daily and monthly dmf4600 yuan / ton.

 

Industry chain: the upstream raw materials fell slightly, but the cost is still supported, the mentality of the industry is stable, the downstream power is low, the contract customers are mainly close to the end of the year, and the enthusiasm of raw materials procurement is general.

PVA

 

Industry: on December 18, the chemical industry index was 734, the same as yesterday, down 27.76% from 1016 (2012-03-13), the highest point in the cycle, and up 22.33% from 600, the lowest point on January 31, 2016. (Note: cycle refers to 2011-12-01 to now)

 

4、 Future forecast

 

DMF analysts believe that in the short term, DMF is mainly weak and stable, and the long-term market still needs to wait and see,

POLYVINYL ALCOHOL