This week, the dimethyl carbonate market experienced a downward trend (1.1-1.5)

According to monitoring data from Business Society, as of January 5, 2024, the factory price reference for domestically produced industrial grade dimethyl carbonate is 4033 yuan/ton. Compared with January 1 (reference price for dimethyl carbonate is 4066 yuan/ton), the price has decreased by 33 yuan/ton, a decrease of 0.82%.

 

From the monitoring chart of Business Society data, it can be seen that this week (1.1-1.5), the overall domestic dimethyl carbonate market showed a weak and declining trend. This week, some regions in China have started operating dimethyl carbonate plants, and the overall supply of dimethyl carbonate has increased. The pressure on the supply side has also increased. However, the boost in downstream demand for dimethyl carbonate is not significant, and the overall trend of strong supply and weak demand in the market has emerged. This weekend, the price of dimethyl carbonate has begun to slightly decline under pressure, with a downward range of about 50-100 yuan/ton. As of January 5th, the domestic market price of dimethyl carbonate is based on around 3700-4100 yuan/ton. The reference price for higher prices is around 4300 yuan/ton.

 

Analysis of future market trends

 

At present, the trading atmosphere of dimethyl carbonate on the exchange is relatively light, and downstream wait-and-see sentiment is strong. New orders are cautious in trading. According to the dimethyl carbonate data analyst from Business Society, in the short term, the domestic dimethyl carbonate market will mainly adjust within a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.

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