According to monitoring data from Business Society, as of December 28, 2023, the factory price reference for domestically produced industrial grade dimethyl carbonate is 4066 yuan/ton. Compared with December 1 (reference price for dimethyl carbonate is 4200 yuan/ton), the price has decreased by 134 yuan/ton, a decrease of 3.17%.
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From the monitoring chart of Business Society data, it can be seen that in December, the overall market situation of dimethyl carbonate in China showed a fluctuating and declining trend. At the beginning of the month, the dimethyl carbonate market remained stable and operated steadily, with little change in supply and demand on the market.
During the mid month period, the dimethyl carbonate market gradually approached a low level amidst small fluctuations in price. The on-site production of dimethyl carbonate is relatively low. With the slow shipment of goods in the market, some factories have reduced their supply pressure and raised the price of dimethyl carbonate narrowly. However, due to the drag of demand, the upward trend of the dimethyl carbonate market is difficult to maintain, and the market price will eventually have a significant decline.
At the end of the month, due to the slow transmission of supply and demand, the dimethyl carbonate market remained stagnant and continued to decline slightly, resulting in a weak overall market situation. As of December 28th, the domestic market price of dimethyl carbonate is around 3800-4150 yuan/ton, with lower prices around 3650 yuan/ton and higher prices around 4300 yuan/ton.
Analysis of future market trends
At present, the overall trading atmosphere in the dimethyl carbonate market is average, and the overall performance of the downstream of dimethyl carbonate is poor. The demand for downstream electrolytes and solvents is generally weak, and the support for dimethyl carbonate is limited. As the end of the year approaches, the buying atmosphere on the market is average, and the contradiction between supply and demand on the market still exists. The dimethyl carbonate data analyst from Business Society believes that in the short term, the domestic dimethyl carbonate market will mostly be weak and consolidate and operate, The specific trend still needs to pay more attention to the changes in supply and demand news.
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