SunSirs: The Dimethyl Carbonate Market Remained Stable This Week (September 3-8)
September 12 2023 13:53:35 SunSirs (John)
Price trend
According to monitoring data from SunSirs, as of September 8, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4,300 RMB/ton. Compared to September 3, the price progress remained unchanged, and compared to August 1 (the reference price of dimethyl carbonate was 4,666 RMB/ton), the price decreased by 366 RMB/ton, a decrease of 7.86%.
Analysis review
From the data monitoring chart of SunSirs, it can be seen that this week (9.3-9.8), the overall domestic dimethyl carbonate market remained stable and organized. During the week, the overall news on the dimethyl carbonate site was relatively calm, with little change in supply and demand. The overall performance of downstream demand for dimethyl carbonate was average, and the boost given to the market by the demand side was limited. Some factories had some supply pressure, and the market was generally consolidating to be weaker. As of September 8th, the domestic market price of dimethyl carbonate was referenced around 4,000-4,300 RMB/ton.
Market outlook
As of September 8th, the trading atmosphere of dimethyl carbonate on the market was light, and downstream procurement was relatively cautious. New orders were mainly negotiated. The dimethyl carbonate data analysts from SunSirs believe that in the short term, the domestic dimethyl carbonate market is mainly adjusted narrowly, and the specific trend still needs to pay more attention to changes in supply and demand news.
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
