The overall DMF market remained stable in August with limited price fluctuations.
1. Price Trend
As of August 29, the average price quoted by domestic high-quality DMF companies was 4,110 yuan/ton, down 0.24% from the same period last month. At present, the prices of DMF manufacturers are mainly stable, with a narrow and weak trend. The current DMF market is running in a narrow and weak range, the focus of negotiations is stable, and the purchasing atmosphere is general.
2. Cause Analysis
Market: In August, the overall DMF market was weak, with prices falling narrowly and insufficient momentum for price increases. As of August 29, the DMF market dynamics, Hualu Hengsheng DMF August collection price was 4,500 yuan/ton, Dezhou spot purified water price was 4,050 yuan/ton; Jingzhou purified water price was 4,100 yuan/ton, Shandong Jinkong Riyue New Materials Co., Ltd. DMF purified water delivery spot price was 3,770 yuan/ton, Jinan Baohui Chemical Co., Ltd. distributes DMF products all year round, with a reference price of 3,800 yuan/ton ex-factory, Shandong and North China markets DMF bulk water delivery price reference: 3,900-4,050 yuan/ton, the negotiation focus was running at a low level, and the DMF market was currently operating mainly stable.
Upstream: Methanol prices are generally stable with minor fluctuations. As of August 29th, Sinopec Great Wall’s methanol price was reported at 1,950 yuan/ton, with its 600,000 tons/year methanol unit currently operating at full capacity. Qinghai Zhonghao Methanol has no current quotes. The plant’s 600,000 tons/year natural gas-to-methanol unit has been shut down since October 23, 2024, with an uncertain restart date. Jining methanol ex-factory prices are recommended at 2,260-2,260 yuan/ton, with factory cash withdrawals. Linyi delivery prices are recommended at 2,320 yuan/ton. Shanxi Junjie (Jinhui) Methanol’s 250,000 tons/year coke oven gas-to-methanol unit is stable.
3. Market Forecast
In the short term, the DMF market is expected to see stable prices, with insufficient support from the upstream cost side and downstream replenishment based on demand. Overall market operations are cautious.
Post time: Aug-29-2025