As DMC plants showed a lower willingness to reduce prices, DMC prices will mainly fluctuate sideways

At the beginning of the week, online DMC prices of enterprises in Shandong were 13,400 yuan/mt, holding stable, with discount prices at 13,300 yuan/mt. Leading producers kept DMC offers stable, with the current quotation at 13,900 yuan/mt, while other domestic producers slightly increased their DMC offers. The current mainstream transaction prices are 13,500-13,600 yuan/mt.

SMM believes that DMC prices will mainly fluctuate at low levels. Recently, some domestic downstream producers have made small-scale purchases, leading to a slight recovery in transactions. Additionally, with decent low-price DMC orders, DMC plants showed a lower willingness to reduce prices. It is expected that DMC prices will mainly fluctuate sideways.