Price trend

According to monitoring data from SunSirs, as of May 11, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4,633 RMB/ton, a decrease of 133 RMB/ton or 2.80% compared to May 7, 2023 (reference price of dimethyl carbonate at 4,766 RMB/ton).

Analysis review

From the data monitoring chart of SunSirs, it can be seen that this week (5.7-5.11), the overall domestic dimethyl carbonate market showed a weak downward trend. This week, the trading atmosphere in the dimethyl carbonate market was flat, and downstream demand was insufficient to support a stable market. Some dimethyl carbonate manufacturers have lowered prices to stimulate shipments, with a reduction of around 200 RMB/ton. As of May 11, the domestic market price of dimethyl carbonate is around 4,400-4,800 RMB/ton. At present, the new orders for dimethyl carbonate are relatively light, and there is a strong wait-and-see sentiment on the market.

Market outlook

Currently, the dimethyl carbonate market is weak overall in the field. Downstream demand is still average, and the overall supply and demand transmission is relatively slow. SunSirs’ dimethyl carbonate data analyst predicts that in the short term, the domestic dimethyl carbonate market will mainly undergo narrow adjustments, and the specific trend needs to pay more attention to changes in supply and demand information.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.