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According to monitoring data from the Business Society, as of February 17, 2023, the average factory price of domestically produced industrial grade dimethyl carbonate was referenced at 4700 yuan/ton. Compared with February 11, 2023 (reference price of dimethyl carbonate was 4666 yuan/ton), the price increased by 34 yuan/ton, an increase of 0.71%.
From the data monitoring chart of the Business Society, it can be seen that this week (2.11-2.17), the domestic dimethyl carbonate market overall saw a narrow upward trend. After the Spring Festival, the overall market situation of dimethyl carbonate in China is relatively weak, with good downstream demand release and limited market benefits. Entering this week, downstream demand for dimethyl carbonate has slightly released, and the increase in demand has brought a narrow upward trend to the dimethyl carbonate market. Some factories have slightly increased the price of dimethyl carbonate, with an increase of about 100 yuan/ton. As of February 17, the domestic market price of dimethyl carbonate is around 4500-4800 yuan/ton.
Analysis of Future Market Trends
At present, there is a problem with the trading atmosphere of dimethyl carbonate in the market. Downstream inquiries have improved compared with the previous period, and terminal demand still needs time to wait for continued release. Dimethyl carbonate mathematicians from the business community believe that in the short term, the domestic market price of dimethyl carbonate is mainly stable and small, and the specific trend needs to pay more attention to the information changes on the supply and demand side.
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