Recently, the dimethyl carbonate market has remained stable after a slight increase

According to the business commodity market analysis system, as of May 13, 2024, the factory price reference for domestic industrial grade dimethyl carbonate was 4166 yuan/ton. Compared with May 1 (reference price reference for dimethyl carbonate was 4133 yuan/ton), the price increased by 33 yuan/ton, an increase of 0.81%. Compared to April 1st (with a reference price of 4000 yuan/ton for dimethyl carbonate), the price has increased by 166 yuan/ton, an increase of 4.17%.

 

From the commodity market analysis system of Shengyishe, it can be seen that in April, the domestic dimethyl carbonate market and overall showed an upward trend. After entering May, the overall performance of the dimethyl carbonate market has been stable and consolidating after a slight increase. At present, the trading atmosphere inside the dimethyl carbonate site is mild, and the supply side of dimethyl carbonate is relatively sufficient. Downstream users mainly purchase on demand, and the supply and demand transmission is still good. The mentality of the operators is good, and the dimethyl carbonate factories and supply side mainly maintain stable quotations. As of May 13th, the domestic market price of dimethyl carbonate is based on around 4000-4300 yuan/ton.

 

In terms of upstream epoxy propane: After the holiday, the overall epoxy propane market in Shandong region remained stable at a high level, with a reference price of 9225 yuan/ton on May 11th. The high and stable operation of epoxy propane has not reduced the cost pressure on the propylene glycol market, and the overall pressure on the propylene glycol market has declined during the week.

 

Continued upward momentum in the future market

 

After the holiday, the overall demand transmission of dimethyl carbonate downstream is still good, and the demand side supports the stable operation of the dimethyl carbonate market. According to the dimethyl carbonate data analyst from Business Society, in the short term, the domestic dimethyl carbonate market will mainly operate with large stability and small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand news.

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