September 4th news
[Key Insights] According to the DMF spot market daily report dated September 4, 2026, the current DMF mean-reversion signal indicates a strong consolidation (leaning bullish). In the short term, prices are expected to fluctuate with a slight upward bias. Currently, prices are at highs for the 60-day and 3-month cycles, as well as at mid-to-high levels for the 1-year cycle, leaving limited room for further price increases. Upstream raw material prices—such as methanol and liquid ammonia—remain relatively strong, providing significant cost support. Going forward, it will be crucial to closely monitor any changes in the pace of procurement by downstream demanders.
Data Validity Explanation The latest available DMF-related data in China is up to September 3, 2026. It is recommended to refer to real-time data. 1. Mean Difference Change Table
2. Signal Status Determination The current mean difference change combination is (－, ＋, ＋), which is a strong consolidation (bullish) signal. 3. Trend Direction Conclusion The current price trend is oscillating (with a bullish bias). The reason is that the directions of the three moving average differences compared to the previous day are not completely consistent (the 5-day moving average difference is declining, while the 10-day and 20-day moving average differences are rising). This does not meet the clear condition for a defined uptrend or downtrend where all three would move in the same direction. Therefore, it is judged as oscillating, with an overlay signal of strong consolidation, indicating a generally bullish trend. 4. Positional Spatial Reference - The 60-day and 3-month cycle prices are in the 5th tier (high range), with limited room for further increases. - The 1-year cycle price is in the 4th tier (moderately high), with relatively limited short-term upside potential and limited downside due to cost support. 5. Trend chart display [DMF Price Trend Chart for the Past Year]
6. Market Situation Supplement On September 2, 2026, the Chinese DMF market was largely stable with minor fluctuations, and the negotiation focus remained steady. - South China bulk water delivery price reference is 5850-6000 CNY/ton; - Shandong and surrounding areas bulk water spot delivery price reference is 5600-5700 CNY/ton; - Hualu Hengsheng's August DMF listed price in China is 6100 CNY/ton; - Qingdao Xinyitai Chemical DMF quotation is 4,800 CNY/ton. 7. Upstream and Downstream References - Upstream: Dimethylamine aqueous solution, liquid ammonia, and methanol are all currently at high prices, providing strong support to the cost end of DMF in China. - Downstream: Demand covers areas such as chlordimeform, pesticide intermediates, pharmaceutical intermediates, and organic solvents, with recent demand performance being stable.
