Price trend

According to the monitoring data of SunSirs, as of June 30, 2023, the factory reference price of domestic industrial dimethyl carbonate was 4,900 RMB/ton, which was 234 RMB/ton higher than that of January 1, 2023 (the reference price of dimethyl carbonate was 4,666 RMB/ton), an increase of 8.57%.

Analysis review

It can be seen from the data monitoring chart of SunSirs that the overall domestic market of dimethyl carbonate in the first half of 2023 was in a fluctuating upward trend. In the first quarter of 2023, the domestic dimethyl carbonate market rose and fell, with an overall increase of 2.86% in the second quarter. In January and February, the downstream demand of dimethyl carbonate was good, and the downstream staged stocking supported the rising market, with an increase of 3.57% in January and 10.00% in February. In March, the downstream demand of dimethyl carbonate weakened, the demand support became loose, and the market price fell, down 6.49% in March.

In the second quarter of 2023, the dimethyl carbonate market first fell and then rose, with an increase of 5.56% in the second quarter. In April, Dimethyl carbonate market fluctuated slightly, and the demand support was limited, with a decline of 0.69% in April. In May, the market of dimethyl carbonate continued to run downward, and the effective support in the market was insufficient, with a decline of 4.20% in May. In June, the market of dimethyl carbonate continued to rise. Some devices in the plant were shut down for maintenance, and the supply in the plant was tight. The supply side supported the market upward, and dimethyl carbonate increased by 10.95% in June.

Market outlook

At present, the overall dimethyl carbonate market is operating stably. The trading atmosphere in the market is general, the overall supply of the supply side has increased, and a certain wait-and-see atmosphere has been added in the market. The dimethyl carbonate data engineer of SunSirs believes that in the short term, the domestic dimethyl carbonate market will mostly adjust its operation in a narrow range, and the specific trend needs to pay more attention to the changes in the information on the supply and demand side.

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