1、 Price trend
| Sodium Molybdate |
According to data monitored by Shengyi Society, as of April 27th, the average price quoted by domestic high-quality DMF enterprises was 4200 yuan/ton. Currently, the DMF market is in a state of supply-demand balance, with prices falling narrowly and dropping by 2.33% compared to the same period last week.
2、 Market analysis
Recently, DMF prices have been declining narrowly, and the downstream demand for DMF procurement atmosphere is generally average. The reference for spot delivery price of DMF in the South China region is 4300-4350 yuan/ton in the Guangzhou market, with a downward trend in focus. The reference for bulk delivery price of DMF in the East China region is 4200-4350 yuan/ton in Jiangsu and 4250-4350 yuan/ton in Zhejiang.
3、 Future forecast
DMF analysts from Shengyi Society believe that the DMF market is expected to operate narrowly and weakly in the short term, and there is insufficient upward momentum for DMF in the short term.
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