SunSirs: In the First Week of December, the Dimethyl Carbonate Market Saw a Slight Recovery (December 1-5)

Price trend

According to the monitoring data of SunSirs, as of December 5, 2022, the average ex factory reference price of domestic industrial dimethyl carbonate is 5,733 RMB/ton, which is 100 RMB/ton higher than that of December 1, 2022 (5,633 RMB/ton), or 1.78% higher.

Analysis review

It can be seen from the data monitoring chart of SunSirs that in the first week of December (12.01-12.05), the domestic dimethyl carbonate market as a whole rose slightly. The macro favorable policy has brought positive support to the dimethyl carbonate market. The confidence of the dimethyl carbonate industry has increased. In addition, the rising raw material propylene oxide market has strengthened the cost support of dimethyl carbonate in December. On December 5, the overall focus of the dimethyl carbonate market has risen, and the atmosphere in the market has slightly warmed. Some dimethyl carbonate plants have slightly raised the price of dimethyl carbonate by 100-200 RMB/ton. The domestic price of dimethyl carbonate is around 5,600-5,900 RMB/ton.

In terms of upstream propylene oxide, the overall domestic propylene oxide market rose in December. According to the data monitoring of SunSirs, the reference price of propylene oxide was 9,162.50 RMB/ton on December 4, up 0.27% compared with that on December 1 (9,137.50 RMB/ton).

Market outlook

At present, the action force in the market of dimethyl carbonate is mainly from the macro positive support and cost support. In addition, the adjustment under different production and sales conditions of dimethyl carbonate in various factories, the transaction of dimethyl carbonate is relatively flat, and the overall demand side support is general. The dimethyl carbonate data analyst of SunSirs believes that in the short term, the domestic market of dimethyl carbonate is mainly adjusted and operated in intervals, 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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