Price trend

According to monitoring data from SunSirs, as of July 25, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was referenced at 4,533 RMB/ton. Compared with August 6 (referring to the price of dimethyl carbonate at 4,600 RMB/ton), the price was reduced by 67 RMB/ton, a decrease of 1.45%.

Analysis review

From the data monitoring chart of SunSirs, it can be seen that this week (8.6-8.10), the domestic dimethyl carbonate market showed a weak and declining trend overall. At the beginning of the week, the dimethyl carbonate market was weak and sorted out overall, with little change in the market. Downstream demand was flat, and the demand side provided loose support for dimethyl carbonate. During the weekend, the dimethyl carbonate market was weak and slightly downward overall, and some dimethyl carbonate factories in some regions of China slightly lowered the price of dimethyl carbonate, with a reduction of around 100-200 RMB/ton, as of August 10th, the domestic market price of dimethyl carbonate was around 4,300-4,600 RMB/ton.

Market outlook

As of August 10th, the overall performance of the dimethyl carbonate market continued to be weak, with insufficient effective support on the market and a relatively light trading atmosphere. The dimethyl carbonate data analyst at SunSirs believes that in the short term, the domestic dimethyl carbonate market will mainly adjust to be weaker in a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

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