Price trend

According to monitoring data from SunSirs, as of December 14, 2023, the factory price reference for domestically produced industrial grade dimethyl carbonate was 4,150 RMB/ton. Compared with December 9 (reference price for dimethyl carbonate was 4,200 RMB/ton), the price had decreased by 50 RMB/ton, a decrease of 1.19%.

Analysis review

From the monitoring chart of SunSirs data, it can be seen that this week, the overall domestic dimethyl carbonate market haf shown a downward trend. During the week, the overall performance of downstream demand for dimethyl carbonate remained average, and the overall operating rate on the supply side was low. Some factories in Shandong continued to undergo maintenance but had not yet started. At the beginning of the week, after the supply of dimethyl carbonate in some factories was slowly released, the supply pressure of factories was reduced, and the price of dimethyl carbonate was narrowly increased by about 50 RMB/ton. As the weekend approached, the downstream demand for dimethyl carbonate remained weak, and the overall focus on the market had slightly declined. The price of dimethyl carbonate had been lowered by about 50-100 RMB/ton. As of December 14th, the domestic market price of dimethyl carbonate was around 3,900-4,300 RMB/ton, and the lower price was around 3,800 RMB/ton.

Market outlook

As of December 14th, the trading atmosphere of domestic dimethyl carbonate on the exchange was relatively light, and the transmission of supply and demand on the exchange was still relatively slow. The mentality of the industry was average, and downstream stocking was cautious. The dimethyl carbonate data analyst of SunSirs believes that in the short term, the domestic dimethyl carbonate market will mainly adjust in a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

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