Recent weak decline in the dimethyl carbonate market (8.14-8.21)

According to monitoring data from Business Society, as of August 21, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4400 yuan/ton. Compared to August 14 (the reference price of dimethyl carbonate was 4533 yuan/ton), the price was reduced by 133 yuan/ton, a decrease of 2.94%.

 

From the data monitoring chart of the Business Society, it can be seen that in the recent period (8.14-8.21), the overall market situation of dimethyl carbonate in China has shown a weak and declining trend. Recently, the operating rate of dimethyl carbonate plants in some regions of China has increased, and the overall supply volume of the dimethyl carbonate market has increased. There is some supply pressure on the supply side, but the overall performance of the downstream demand side is average. The electrolyte solvent market is cautious in stocking, and the delivery atmosphere is flat. The demand support for dimethyl carbonate is limited. In the context of weak supply and demand, the overall focus of the domestic dimethyl carbonate market is weak and moving downwards, Some factories and suppliers have lowered the price of dimethyl carbonate narrowly, with a reduction of around 100-200 yuan/ton. As of August 21st, the domestic market price of dimethyl carbonate is around 4200-4500 yuan/ton.

 

Analysis of Future Market Trends

 

At present, the trading of new orders for dimethyl carbonate on the market is cautious, with a focus on maintaining just demand. The overall downstream operating rate is low, and the support provided to dimethyl carbonate is limited. The dimethyl carbonate data analyst at the Business Society believes that in the short term, the domestic market for dimethyl carbonate is mostly weak and the operation is mainly adjusted. The specific trend still needs to pay more attention to changes in supply and demand news.

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