October 22nd report:
【DMF Price Trend Daily Report (October 21, 2026)】Key Insights: The overall inventory of the DMF market in China is currently high, and there is pressure on shipments. Manufacturers in many regions have slightly lowered their quotes, and the negotiation focus in various regional markets is generally at a low level. Based on the average difference indicator, it can be determined that the current price is in a clear downward trend. The price over a one-year period is at a medium-high level, and there is still some downward pressure going forward. Market participants should closely monitor changes in supply and demand.
I. Data Description
The latest available data is up to October 21, 2026. It is recommended to refer to real-time data.
II. Table of Changes in the Mean Difference Index
III. Regional Mainstream Quotation Status (October 21, 2026)
Four, the operation of the fundamentals
Currently, the overall supply side of the DMF industry chain in China has high inventory levels, and production enterprises have a strong motivation to ship goods. Some manufacturers have proactively lowered their quotes to stimulate sales. On the demand side, downstream procurement is mainly based on rigid demand, with no intention for large-scale stockpiling. The market as a whole is under pressure, and the focus of negotiations continues to shift downward.
Five, Signal and Trend Judgment
The current situation is a clear downward signal, with the trend being a definite decline. The reason is that the changes in the three averages compared to the previous day are all negative and completely consistent, which meets the criteria for a clear downward trend. At the same time, the weak supply and demand fundamentals in China also support the downward price trend.
VI. Price Position and Reference for Upside and Downside Potential
DMF 1-year cycle price is in the 4th tier (moderately high), with limited upside potential, and currently faces significant downward pressure.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
