Dimethyl carbonate: prices began to fall sharply！

Market price Trend of Dimethyl Carbonate in China from 2019 to 2021

Since November, due to the incremental supply in the market, the price center of dimethyl carbonate in China has fallen to the 8000 CNY/ton mark, down about 4000 CNY/ton in a week, and there is still a downward trend under this price center, ushering in a new "reshuffle" of the supply pattern. In mid and late November, with the resumption of production of the main plant, the supply side further recovered and improved, and the market price of dimethyl carbonate still showed signs of continued decline. At present, the willingness of individual main production plants to sell goods increased. In November, the wind and clouds surged, and the pattern changed.

The positive factors supporting the high price of dimethyl carbonate in the early stage fell rapidly after the increase in supply. Firstly, the long-term supply shortage increased when Shandong Hualu Hengsheng Motor Co., Ltd. and Zhongyanhong Sifang Resumed production. Since October, the start of the domestic chemical industry has been greatly affected by the dual-control policy of energy consumption, and the price has been running at a high level for a long time since October. Downstream industry battery electrolyte solvent and other industries, just need to purchase, but in the face of a downward trend, the enthusiasm to take goods weakened.

Until mid-to-late November, the overall operating rate rose to more than 80% after the main factories resumed normal operation, and the supply side of dimethyl carbonate began to gradually surplus. Part of the main factory offer to reduce inventory - based. Enter November dimethyl carbonate in the supply of sufficient, the market low offer situation to benefit shipping.

In addition, the demand side was partly affected by power restriction and off-season after November, and the demand of the downstream industry showed a downward trend compared with the previous period. Facing the falling dimethyl carbonate, the downstream users were cautious in buying, and the market wait-and-see atmosphere intensified. So Dimethyl Carbonate market after nearly two months of high industry, in this month officially entered the downward channel.

This month, the dimethyl carbonate market started with a weak start, and the price has fallen sharply. However, according to the recovery of market fundamentals, the downstream demand has begun to weaken, and the price decline will continue in the short term. Due to close attention to the field device recovery time node.