Price trend

According to the monitoring data of SunSirs, as of February 17, 2023, the average ex-factory price of domestic industrial grade dimethyl carbonate was 4,700 RMB/ton. Compared with February 11, 2023 (the reference price of dimethyl carbonate was 4,666 RMB/ton), the price increased by 34 RMB/ton, or 0.71%.

Analysis review

It can be seen from the data monitoring chart of SunSirs that this week (2.11-2.17), the domestic dimethyl carbonate market as a whole rose in a narrow range. After the Spring Festival, the domestic dimethyl carbonate market was generally weak, and the downstream demand was released well, while the market benefit was limited. In this week, the downstream demand for dimethyl carbonate was released slightly, and the increase in demand brought a narrow rise in the market of dimethyl carbonate. Some factories raised the price of dimethyl carbonate slightly by about 100 RMB/ton. As of February 17, the domestic market price of dimethyl carbonate was around 4,500-4,800 RMB/ton.

Market outlook

As of the 17th, there was a problem with the trading atmosphere of dimethyl carbonate in the market, and the downstream inquiry was improved compared with the early periods, and the terminal demand still needed time to wait for the release. According to the dimethyl carbonate data analyst of SunSirs, in the short term, the domestic market price of dimethyl carbonate is mainly stable and small changes, and the specific trend needs to pay more attention to the information changes on the supply and demand side.

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