SunSirs: After the Festival, Dimethyl Carbonate Rose Slightly (January 1-5)
January 06 2023 11:05:13 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, as of January 5, 2023, the reference average ex factory price of domestic industrial dimethyl carbonate was 4,700 RMB/ton, which is 33 RMB/ton higher than that of January 1, 2023 (4,666 RMB/ton), or 0.71% higher.
Analysis review
It can be seen from the data monitoring chart of SunSirs that after the New Year's Day in 2023, the domestic dimethyl carbonate market as a whole saw a small increase. On the demand side of dimethyl carbonate, the overall demand of the downstream of dimethyl carbonate improved, and the market trend was driven by the preparation of goods before the festival. In terms of supply, the overall supply in the market decreased, and the supply side supported the steady rise of the market. As of January 5, the domestic market price of dimethyl carbonate was around 4,700-4,800 RMB/ton.
Market outlook
As the Spring Festival approaches, domestic logistics was shut down one after another. The trading and investment atmosphere in the dimethyl carbonate market was mild, the demand of the downstream lithium battery industry was weak, the polycarbonate market was weak and stable, and other industries were temporarily stable as a whole. Dimethyl carbonate mathematicians from SunSirs believe that in the short term, the domestic market of dimethyl carbonate is mainly stable, and the specific trend needs to pay more attention to the information changes on the supply and demand side.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
- 2024-04-23 SunSirs: Cost Support Loosened, and Dimethyl Carbonate Market Was Weak This Week
- 2024-04-17 SunSirs: Demand Improved, and the Dimethyl Carbonate Market Overall Was Upward in Early April
- 2024-03-28 SunSirs: Demand Had Improved, and the Dimethyl Carbonate Market Was Narrowly Upward
- 2024-03-22 SunSirs: Demand Boosted, and the Dimethyl Carbonate Market Was Narrowly Upward
- 2024-03-15 SunSirs: Poor Demand Led to Weak Performance in the Propylene Glycol and Dimethyl Charcoalate Markets in Early March
