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SunSirs: The Domestic Dimethyl Carbonate Market Showed an Upward Trend This Week (June 11-16)
June 19 2023 14:17:27SunSirs(John)

Price trend

According to the monitoring data of SunSirs, as of June 12, 2023, the factory reference price of domestic industrial dimethyl carbonate was 4,900 RMB/ton, which was 267 RMB/ton higher than that of June 11, 2023 (the reference price of dimethyl carbonate was 4,633 RMB/ton), or 5.76% higher.

Analysis review

It can be seen from the data monitoring chart of SunSirs that this week (6.12-6.16), the domestic market of dimethyl carbonate showed an overall upward trend. In this week, the downstream demand side of dimethyl carbonate showed a steady and good performance, and the demand side gave positive support to dimethyl carbonate. The supply side of dimethyl carbonate performed well, and the tight spot supply also supported the upward movement of the market. As of June 16, the domestic market price of dimethyl carbonate was around 4,700-5,300 RMB/ton.

Market outlook

Near the weekend, the domestic dimethyl carbonate market was stable after rising, the market trading atmosphere was fair, the industry was in a good mood, and the supply and demand side transmission was relatively stable. The dimethyl carbonate datagrapher of SunSirs believed that in the short term, the domestic dimethyl carbonate market will mainly continue to be stable and sorting out, and the specific trend still needs to pay more attention to the changes in the supply and demand side information.

If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.

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