SunSirs: The Domestic Dimethyl Carbonate Market Maintained Stable after Rising This Week (February 27-March 3)
March 06 2023 13:19:11 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, as of March 3, 2023, the factory reference price of domestic industrial grade dimethyl carbonate was 5,133 RMB/ton. Compared with February 26, 2023 (the reference price of dimethyl carbonate was 5,066 RMB/ton), the price increased by 67 RMB/ton, or 1.32%.
Analysis review
It can be seen from the data monitoring chart of SunSirs that this week (2.27-3.03), the domestic dimethyl carbonate market overall showed a stable operating trend after a slight increase. At the beginning of the week, on February 27th, some domestic factories slightly increased the ex-factory price of dimethyl carbonate by around 100 RMB/ton, while other factories mostly kept the initial price stable, and then the overall domestic market of dimethyl carbonate was dominated by high consolidation. As of March 3, the ex-factory price of dimethyl carbonate in China was around 5,000-5,200 RMB/ton.
Market outlook
As of March 3, the trading atmosphere of dimethyl carbonate in the market was good, the overall performance of the supply side of dimethyl carbonate was relatively stable, the downstream demand was gradually recovered, the polycarbonate market was stable, and other industries was stable overall. The Dimethyl Carbonate Datagrapher of SunSirs believes that in the short term, the domestic market of Dimethyl Carbonate is mainly stable and better, and the specific trend needs to pay more attention to the changes in the information on the supply and demand side.
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