According to the monitoring data of SunSirs, as of April 19, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate is 5166 RMB/ton. Compared with the price on April 15, 2022 (the reference price of dimethyl carbonate is 5200 RMB/ton), the price is reduced by 34 RMB/ton, a decrease of 0.64%. Compared with the price on April 11, 2022 (the reference price of dimethyl carbonate is 5533 RMB/ton), the price is reduced by 367 RMB/ton, a decrease of 6.63%.
It can be seen from the data monitoring chart of SunSirs that in the middle of April, the domestic dimethyl carbonate market as a whole showed a downward trend. This week, on the 18th day of the week, the domestic carbonate market was sorted and put into operation. On the 19th, the domestic dimethyl carbonate market broke the deadlock for several days. Affected by the light downstream demand, the overall market fell slightly again. Some dimethyl carbonate factories in Shandong slightly reduced the factory price of dimethyl carbonate by about 100 RMB/ton. As of April 19, the factory price of domestic dimethyl carbonate was around 5000-5300 RMB/ton, It fell slightly by 0.64% this week. At present, the downstream demand for dimethyl carbonate is still cold, the trading atmosphere is cautious and the transaction is limited.
In terms of upstream propylene oxide, the recent (4.11-4.18) propylene oxide market fell. Recently, the price of raw material propylene has been consolidated and operated, with certain support on the cost side. The supply side devices are mainly stable, the demand side is cold, and the reduction follow-up is mainly. The market trading atmosphere is weak. According to the monitoring data of business society, the average price of propylene oxide enterprises was 11566.67 RMB/ton as of April 18, down 3.88% compared with the price on April 1 (propylene oxide price reference 12033.33 RMB/ton).
Future trend analysis
At present, the domestic dimethyl carbonate market performance is still low, the confidence of the industry is slightly insufficient, and the transaction atmosphere is weak. The dimethyl carbonate data division of the business society believes that in the short term, the domestic dimethyl carbonate market is mainly arranged and operated in the range, and the specific trend needs to pay more attention to the news changes of supply and demand.
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