SunSirs: Demand Gradually Recovered, and the Dimethyl Carbonate Market Saw a Slight Increase (February1-13)
February 15 2023 15:01:27 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, as of February 13, 2023, the average ex-factory price of domestic industrial grade dimethyl carbonate was 4,700 RMB/ton. Compared with February 1, 2023 (the reference price of dimethyl carbonate was 4,666 RMB/ton), the price increased by 34 RMB/ton, or 0.71%.
Analysis review
In the first ten days of February, the domestic dimethyl carbonate market was stable and consolidated. In the first ten days, the supply and demand information of dimethyl carbonate changed little, and the trading atmosphere was quiet. With the gradual release of downstream demand, the domestic dimethyl carbonate market finally ushered in a small increase on February 13. Some dimethyl carbonate factories raised prices slightly, with an increase of about 100 RMB/ton. As of the 13th, the trading atmosphere of dimethyl carbonate on the market had improved from the beginning of the month, and the mentality of the operators had improved. As of February 13, the reference price of domestic dimethyl carbonate market was around 4,600-4,800 RMB/ton.
Market outlook
As of the 13th, the downstream of dimethyl carbonate purchased mainly on demand, and the overall demand side was given a small boost. According to the dimethyl carbonate data analyst of SunSirs, in the short term, the domestic dimethyl carbonate market is mainly stable and slightly stronger, and the specific trend needs to pay more attention to the change of information on the supply and demand side.
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