October 27 News
DMF Spot Market Report (October 27, 2026)
[Key Takeaway]: This daily report is based on the latest available DMF spot price data as of October 26, 2026. Currently, the Chinese DMF market is trading at a relatively low overall negotiation level, with sluggish shipment momentum and mounting inventory pressures in certain regions. Using the mean‑difference method, the current price trend is assessed as range‑bound and slightly bearish, while the one-year forward price remains at a mid‑to‑high level, leaving limited room for further upside. Going forward, attention should be focused on price fluctuations in upstream feedstocks such as methanol and liquid ammonia, as well as the pace of demand recovery in downstream sectors like agrochemicals and pharmaceutical intermediates.
I. Latest Market Fundamentals
1. Regional Prices (October 26, 2026)
Shandong and North China market: The mainstream delivered price of DMF in bulk is 5,400-5,500 CNY/ton, with a slight decrease in price. Purchasing is mainly based on demand, and the overall supply and demand are balanced.
East China market: The mainstream delivered price of DMF in bulk is 5,450-5,650 CNY/ton, with a lower focus. Sales are slow, and the market is under pressure.
South China Market: In Guangdong, the delivered price of DMF is RMB 5,600–5,700 per ton, with a relatively low center of gravity; shipments remain sluggish, and the market is under downward pressure.
2. Production enterprise quotations (October 26, 2026)
Shandong Jiaming Chemical: DMF bulk water offer is 5000 CNY/ton, with high inventory and slow sales.
Shandong Jinkong Riyue New Materials: DMF cash offer is 5350 CNY/ton, with a slight price reduction.
Jiangxi Xinlianxin Chemical Industry: DMF offer is 5350 CNY/ton, mainly based on demand, with overall balanced supply and demand.
II. Trend Analysis Using the Average Difference Method 1. Table of Average Difference Changes
2. Signal status judgment: Rebound (Bearish)
3. Trend direction conclusion: Range-bound (with a bearish bias)
Reason: The changes in the three differences from the previous day are not entirely consistent, meeting the criteria for fluctuation. The corresponding combination is close to the feature of a rebound with a bearish bias (-, +, -), and there is no clear upward momentum in the short term.
4. Positional Space Reference
The DMF price is at the mid-range in a 60-day cycle, and it is at a relatively high position in both 3-month and 1-year cycles, leaving limited room for overall price increases.
III. References
2. Industry chain reminder
The price of dimethylamine aqueous solution, an upstream raw material, is at a high level over a 1-year period, and the price of liquid ammonia is at a moderately high level over a 1-year period, providing some support to the cost of DMF. Downstream demand is concentrated in areas such as pesticide intermediates, pharmaceutical intermediates, and organic solvents, but the current purchasing demand is weak.
IV. Risk Disclosure
The latest available data is up to October 26, 2026. It is recommended to refer to real-time data. The above analysis is for reference only and does not constitute trading advice.
