SunSirs: This Week, the Dimethyl Carbonate Market Was Undergoing Consolidation (May 13-17)

https://www.chemnet.com   May 21,2024

　　Price trend

　　According to the business commodity market analysis system, as of May 17, 2024, the reference factory price of domestically produced industrial grade dimethyl carbonate was 4,166 RMB/ton, which was basically the same as May 13. Compared with May 1 (reference price of dimethyl carbonate was 4,133 RMB/ton), the price had increased by 33 RMB/ton, an increase of 0.81%. Compared to April 1st (with a reference price of 4,000 RMB/ton for dimethyl carbonate), the price had increased by 166 RMB/ton, an increase of 4.17%.

　　Analysis review

　　From the commodity market analysis system of SunSirs, it can be seen that this week (5.13-5.17), the domestic dimethyl carbonate market as a whole remained stable and mainly operated in consolidation. This week, the supply side market for dimethyl carbonate had shown stable performance, with downstream lithium battery industry demand maintaining stability and downstream polycarbonate demand relatively stable. Other industries had shown overall stability, and the dimethyl carbonate market was operating steadily. As of May 17th, the domestic market price of dimethyl carbonate was around 4,000-4,300 RMB/ton.

　　Upstream propylene oxide: On May 17th, the Shandong propylene oxide market remained stable, with mainstream prices at around 9,250 RMB/ton. As of May 17th, the cost support for propylene oxide was average, and supply pressure was temporarily controllable. Downstream procurement was cautious.

　　Market outlook

　　As of May 17th, the trading atmosphere of dimethyl carbonate on the market was mild, and new inquiries from downstream orders were still acceptable. The dimethyl carbonate data analyst from SunSirs believes that in the short term, the domestic dimethyl carbonate market will mainly operate stably with minor fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.

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