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Dimethyl carbonate News
SunSirs: Supply and Demand Gamed, and Dimethyl Carbonate Was Consolidating
November 14 2023 14:39:27SunSirs(John)

Price trend

Since November, the overall domestic dimethyl carbonate market has shown a downward trend followed by a stable trend. Currently, there is insufficient effective support on the market for dimethyl carbonate, and the overall price of the dimethyl carbonate market is in a low consolidation operation. As of November 14, the domestic dimethyl carbonate market price is around 3,900-4,200 RMB/ton, and the lower price is around 3,650 RMB/ton.

Analysis review

In terms of demand: Currently, the follow-up of new orders from downstream polycarbonate factories for dimethyl carbonate is limited, and the purchasing sentiment of downstream electrolyte factories continues to be cold. The overall improvement in demand is poor, and the support for dimethyl carbonate is limited.

On the supply side: Currently, the early maintenance equipment for dimethyl carbonate is still in a shutdown state, and the overall production and capacity utilization rate in the site have decreased. However, due to insufficient demand, the overall supply side of dimethyl carbonate is still relatively abundant.

In terms of cost: The raw material epoxy propane market is weak, and the cost support for dimethyl carbonate is also limited.

Market outlook

Overall, the current positive support for the dimethyl carbonate market is still weak. According to the dimethyl carbonate data analyst from SunSirs, in the short term, the domestic dimethyl carbonate market prices will mostly be adjusted to be weaker in a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

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

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