SunSirs: In the Early March, Dimethyl Carbonate Kept Stable Operation after a Small Increase (March 1-9)
March 10 2023 11:07:21 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, as of March 9, 2023, the factory price of domestic industrial grade dimethyl carbonate was referred to as 5,150 RMB/ton. Compared with March 1, 2023 (the reference price of dimethyl carbonate was 5,066 RMB/ton), the price increased by 84 RMB/ton, or 1.32%.
Analysis review
It can be seen from the data monitoring chart of SunSirs that in the early March (3.1-3.9), the domestic dimethyl carbonate market overall showed a slight increase and then remained stable. At the beginning of March, the dimethyl carbonate market was in overall consolidation operation, the supply side performance was relatively stable, and the downstream demand gradually recovered. On March 5, some dimethyl carbonate plants had a tight schedule, and the price of dimethyl carbonate was slightly increased by around 100-200 RMB/ton, and then the overall market of dimethyl carbonate continued to operate stably. As of March 9, the domestic market price of dimethyl carbonate referred to around 5,050-5,200 RMB/ton.
Market outlook
As of March 9, the trading atmosphere of dimethyl carbonate on the market was general, the wait-and-see mood was strong, and the new order was more cautious. The dimethyl carbonate statistician of SunSirs believed that in the short term, the domestic market of dimethyl carbonate was mainly sorted to be weaker, and the specific trend still needed to pay more attention to the change of information on the supply and demand side.
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