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Domestic Chinese DMF prices were stable as of December 19, with premium company average quotes at about 4,667 RMB/ton. Trade negotiations were flat and downstream demand was weak.
SunSirs analysts described the short-term outlook as weak and stable.
DMF is an industrial chemical with no direct link to feed grain or protein supply or prices. The report signals soft chemical demand in China.
sunsirs.comDec 20, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
