November 3rd, according to the news,
【DMF Spot Market Daily Report Core Insights】This report is based on the latest spot data as of November 2, 2026, and uses an average difference analysis framework to determine: The current DMF price is in a volatile retracement (bullish) signal interval. In the medium to short term, the 60-day cycle price is at a low level with limited downside space. In the long term, the 1-year cycle is at a mid-to-high level with narrowed upside space. The overall spot market is under pressure, and supply and demand are basically balanced. This is for reference only for relevant practitioners in China.
I. Table of Finite Differences
Note: The latest available data is up to November 2, 2026. It is recommended to refer to real-time data.
II. Signal State Determination
When the three consecutive divided difference directions form the combination (+, -, +), the corresponding signal is: pullback (slightly bullish)
III. Conclusion on Trend Direction
The current price trend is sideways. Reason: The directions of the three differences from the previous day are not entirely consistent, which meets the criteria for a sideways trend. The sideways attribute is more biased towards retracement.
IV. Positional Spatial Reference
1. 60-day cycle: In the 1st tier (low), with limited downside potential. 2. 3-month cycle: In the 3rd tier (mid-range), with relatively balanced upside and downside potential. 3. 1-year cycle: In the 4th tier (upper-mid range), with narrowing upside potential.
Five, the operation of the spot market in China
On November 2, 2026, spot DMF prices across China’s regions were as follows: 1. South China: Delivered ex‑tanker prices ranged around RMB 5,600–5,700 per tonne, with a bias toward the lower end; sales remained sluggish, and the market operated under overall downward pressure.
2. East China: The mainstream delivered price for bulk cement is quoted at RMB 5,450–5,650 per tonne, with a bias toward the lower end; shipments are slow, and the market remains under overall pressure.
3. Shandong and North China market: The mainstream delivered price for bulk water is around 5400-5500 CNY/ton, with prices slightly decreasing. Purchasing is mainly based on demand, and the supply and demand are in balance.
4. Jiangxi Xinlianxin Chemical Industry Co., Ltd. DMF quotation is 5350 CNY/ton, mainly purchasing according to demand, with a balanced supply and demand operation.
6. 1-Year Trend Chart Display
VII. Industry Chain Reference
Upstream products in the DMF value chain: dimethylamine aqueous solution, carbon monoxide, liquid ammonia, and methanol; downstream products: chlordimeform, pesticide intermediates, pharmaceutical intermediates, and organic solvents.
VIII. Risk Warning: The foregoing analysis is for reference only and does not constitute trading advice.
