SunSirs: In the First Week of May, the Dimethyl Carbonate Market Remained Stable and Consolidated (May 1-6)
May 08 2023 14:33:22 SunSirs (John)
Price trend
According to monitoring data from SunSirs, as of May 6, 2023, the reference factory price of domestically produced industrial grade dimethyl carbonate was 4,766 RMB/ton. Compared to May 1, 2023, the price remained basically unchanged, and compared to January 1, 2023 (reference price of dimethyl carbonate was 4,800 RMB/ton), it was reduced by 34 RMB/ton, a decrease of 0.69%.
Analysis review
From the data monitoring chart of SunSirs, it can be seen that in the first week of May (5.1-5.6), the domestic dimethyl carbonate market remained stable and consolidated as a whole. After the holiday, there was little change in the supply and demand side of dimethyl carbonate on the market, and the overall market was relatively calm. Supply side: After the holiday, the supply side of dimethyl carbonate was generally stable. Demand side: The downstream demand side was generally stable, with new orders mostly being rigid procurement As of May 6, the domestic market price of dimethyl carbonate was around 4,500-4,800 RMB/ton.
Market outlook
As of May 6th, the trading atmosphere on the domestic dimethyl carbonate market was light, and the market inquiry atmosphere was relatively calm. SunSirs’ dimethyl carbonate data analyst predicts that in the short term, the domestic dimethyl carbonate market will mainly be stable with small fluctuations, and the specific trend will need to pay more attention to changes in supply and demand information.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
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