I. Price Trend
According to the commodity market analysis system of Business Society, as of January 16, the average quoted price for premium-grade DMF in the domestic market was 3,860 RMB per ton. Currently, the DMF market is operating steadily, with downstream demand primarily driven by essential purchases. Overall market demand remains insufficient, lacking strong positive support.

II. Cause Analysis
Market Factors:
‌Capacity Expansion‌: DMF production capacity has increased from 910,000 tons/year to 1.77 million tons/year, leading to oversupply and downward pressure on prices.
‌Plant Maintenance‌: Some manufacturers have reduced production due to environmental policies or equipment issues, causing temporary supply shortages.

Methanol Factors:
‌Demand Recovery‌: Rising quotations at East China ports reflect a rebound in downstream demand. The upstream methanol market is operating steadily.
‌Shandong Region‌: Negotiated prices in Dongying range from 2,120 to 2,125 RMB per ton, while Zibo stands at 2,130 RMB per ton.
‌Jining/Linyi‌: Ex-factory prices are 2,160 RMB per ton, with delivered prices in Linyi ranging from 2,200 to 2,210 RMB per ton.

III. Future Outlook
Business Society DMF analysts predict that DMF prices will remain stable in the short term, with insufficient momentum for price increases.