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SunSirs: Dimethyl Carbonate Market Operated with Shock This Week (December 5-9)
December 13 2022 11:11:25SunSirs(John)

Price trend

According to the monitoring data of SunSirs, as of December 9, 2022, the reference average ex factory price of domestic industrial dimethyl carbonate was 5,600 RMB/ton, which was 30 RMB/ton lower than that of December 4, 2022 (5,633 RMB/ton), with a decrease of 0.59%.

Analysis review

It can be seen from the data monitoring chart of SunSirs that this week (12.05-12.09), the domestic dimethyl carbonate market as a whole rose first and then fell, with a small concussion. After the macro positive news and the opening of logistics in some regions, the shipment of some dimethyl carbonate plants improved. Under the relief of supply pressure, at the beginning of this week, some factories in Shandong Province raised the price of dimethyl carbonate by 200 RMB/ton. During the week, the market as a whole was weak, and the trading atmosphere in the market was general. Near the weekend, some factories gave up profits to ship, and the market of dimethyl carbonate was weak. As of December 9, the domestic market price of dimethyl carbonate was around 5,400-5,800 RMB/ton.

Market outlook

As of the 9th, the action force in the market of dimethyl carbonate mainly came from the macro positive support and cost support. In addition, the adjustment under different production and sales conditions of dimethyl carbonate in various factories, the transaction of dimethyl carbonate was relatively flat, and the demand side support was general. Dimethyl carbonate mathematicians from SunSirs believe that, in the short term, domestic dimethyl carbonate market tends to focus on interval adjustment and operation, and the specific trend needs to pay more attention to the information changes on the supply and demand side.

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