October 12th report:
DMF Price Trend Daily Report (October 12, 2026)
Key Takeaway: This daily report is compiled based on publicly available spot‑market data. The most recent data currently available dates to October 11, 2026; real‑time updates are recommended. As of the reporting date, China’s DMF spot market remained largely stable with minor fluctuations, and trading sentiment stayed steady. In Shandong and surrounding regions, ex‑factory delivered prices were quoted at RMB 5,450–5,550 per ton, while in South China—Guangdong—the corresponding range was RMB 5,700–5,800 per ton. According to the mean‑difference analysis, DMF prices are currently in a mildly bearish, range‑bound correction phase, with one‑year price levels remaining elevated and limited near‑term upside potential. Meanwhile, cost support from upstream feedstock remains robust.
I. Analysis of Differences in Means
(1) Mean Difference Change Table
(2) Signal Status Judgment
The current signal is a mild pullback (bearish, of a corrective nature), corresponding to the oscillation combination (-, -, +).
(3) Trend direction conclusion: The current price trend is a range-bound (slightly bearish), reason: the directions of the three differences compared to the previous day are not entirely consistent, D5 and D10 remain unchanged for two consecutive days, and D20 narrows from -63 to -56, which aligns with the characteristics of a slightly bearish range-bound market.
II. Price Level and Upside/Downside Potential
DMF 60-day cycle price is at a medium-high level, 3-month cycle price is at a medium-high level, and 1-year cycle price is at the 5th tier (high level). The short-term upside is limited.
III. Cost References for Upstream and Downstream Sectors
The core raw materials for DMF upstream, including methanol, liquid ammonia, and dimethylamine aqueous solution, are currently at high prices over a one-year period, providing strong cost support for DMF prices in China.
