Price trend
According to the business commodity market analysis system, as of May 13, 2024, the factory price reference for domestic industrial grade dimethyl carbonate was 4,166 RMB/ton. Compared with May 1 (reference price reference for dimethyl carbonate was 4,133 RMB/ton), the price increased by 33 RMB/ton, an increase of 0.81%. Compared to April 1st (with a reference price of 4,000 RMB/ton for dimethyl carbonate), the price has increased by 166 RMB/ton, an increase of 4.17%.
Analysis review
From the commodity market analysis system of SunSirs, it can be seen that in April, the domestic dimethyl carbonate market overall showed an upward trend. After entering May, the overall performance of the dimethyl carbonate market had been stable and consolidating after a slight increase. As of May 13th, the trading atmosphere inside the dimethyl carbonate site was mild, and the supply side of dimethyl carbonate was relatively sufficient. Downstream users mainly purchased on demand, and the supply and demand transmission was still good. The mentality of the operators was good, and the dimethyl carbonate factories and supply side mainly maintained stable quotations. As of May 13th, the domestic market price of dimethyl carbonate was based on around 4,000-4,300 RMB/ton.
In terms of upstream propylene oxide: After the holiday, the overall propylene oxide market in Shandong region remained stable at a high level, with a reference price of 9,225 RMB/ton on May 11th. The high and stable operation of propylene oxide ha, not reduced the cost pressure on the propylene glycol market, and the overall pressure on the propylene glycol market had declined during the week.
Market outlook
After the holiday, the overall demand transmission of dimethyl carbonate downstream was still good, and the demand side supported the stable operation of the dimethyl carbonate market. According to the dimethyl carbonate data analyst from SunSirs, in the short term, the domestic dimethyl carbonate market will mainly operate with large stability and small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.
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