Price trend
According to monitoring data from SunSirs, as of September 22, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4,333 RMB/ton. Compared to September 18 (referring to the price of dimethyl carbonate at 4,300 RMB/ton), the price increased by 33 RMB/ton, an increase of 0.78%.
Analysis review
From the data monitoring chart of SunSirs, it can be seen that this week (9.18-9.22), the overall market situation of dimethyl carbonate in China had slightly increased. Entering this week, the overall news of the domestic dimethyl carbonate market was relatively calm, the overall load on the site was mainly maintaining stability, and downstream procurement and stocking were mainly based on demand and quantity. At the beginning of the week, supported by the upward trend of raw materials and the good shipment situation of some Shandong factories, the price of dimethyl carbonate increased narrowly, with an increase of around 100 RMB/ton. However, the downstream demand side continued to purchase on demand, and then the market remained stable and consolidated overall. As of September 21st, the domestic market price of dimethyl carbonate was around 4,100-4,300 RMB/ton.
Market outlook
As of September 22nd, the on-site supply of dimethyl carbonate was relatively stable, while the demand side of polycarbonate was generally stable. Other industries were stable, and the market was mainly consolidating. According to the dimethyl carbonate data analyst of SunSirs, in the short term, the domestic market for dimethyl carbonate will mostly be stable with minor fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.
