According to the monitoring data of SunSirs, as of June 10, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate is 5616 RMB/ton, which is 266 RMB/ton higher than that on June 1, 2022 (the reference price of dimethyl carbonate is 5350 RMB/ton), or 4.98%.

It can be seen from the data monitoring chart of the SunSirs that in the first week after the Dragon Boat Festival, the domestic dimethyl carbonate market as a whole operated upward. At the beginning of last week, on the 6th, the market of dimethyl carbonate operated steadily, and the price fluctuation in the floor was small. On the 7th, dimethyl carbonate factories performed well in going to the warehouse before the festival. When the inventory pressure was reduced, the offer prices of some factories increased slightly by about 100 RMB/ton. In the middle of the week, with the easing of public health events in some regions, the resumption of work and production began one after another, the downstream demand for dimethyl carbonate improved, and the market ushered in a wide rise. On September 9 and 10, dimethyl carbonate factories in Shandong raised the ex factory price of dimethyl carbonate by 200-300 RMB/ton. As of the 10th, the domestic ex factory price of dimethyl carbonate was around 5300-6000 RMB/ton, an increase of nearly 5% in the week. At present, the overall trading atmosphere in the floor is mild, and the supply and demand transmission performance is acceptable.

In terms of upstream propylene oxide, after the Dragon Boat Festival, the domestic propylene oxide market generally operated steadily. According to the data monitoring of the follow-up business agency, on June 9, the reference price of propylene oxide was 11733.33 RMB/ton, an increase of 0.86% compared with June 1 (11633.33 RMB/ton).

Future trend analysis

At present, the overall low-end price of propylene glycol market is relatively low, and it is in the situation of low-end supplementary increase and high-end firmness. Domestic demand is mostly just in need of follow-up, and some downstream wait-and-see emotions are gradually rising. The propylene glycol datagrapher of SunSirs believes that in the short term, the domestic propylene glycol market is dominated by high-level consolidation, and the specific trend needs to pay more attention to the basic changes in supply and demand and the follow-up of new orders

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