Summary of DMC price trend in China this month

Price trend chart of China DMC market in 2020-2021

As THE MARKET of DMC enters a new plateau again, it is difficult for both sides of supply and demand to reach a conclusion at this time. The industry has always paid high attention to whether the ex-factory price of RMB 10,700 / ton in spot exchange can hold up. Although DMC factories maintain high profits through operations such as parking and load reduction, whether it can be smoothly transmitted is the key to success or failure.

November mixed with various entanglements of DMC market, the factory's previous price factor is scarce, and most companies for the new production to save the late pessimistic mood, but variable frequency,

main DMC factory main device drive program execution delay, hua lu device drop negative prices strong supporting reason, parking and salt in the red square price again late period is longer, Stoking price increases;

2) THE price of DMC has been separated from the control of raw material cost for a long time, but the prices of methanol and propylene oxide/ethylene oxide continue to weaken and decline recently. Corresponding to the market price of DMC at this time, the industry profit reaches about TEN thousand CNY/ton again;

 3) Raw material inventory of downstream industries is at a low level, the traditional off-peak season boundary is vague this year, the battery electrolyte is strong, the purchasing mentality continues to be strong, the mentality of all industries is slightly different, and the sentiment of falling is strong.

In the past month, the average weekly profit of THE DMC industry was more than 10000 CNY/ton. On The 11th, due to the impact of the sudden increase in supply, the average annual profit decreased by 5000 CNY/ton. On the 18th, under the active purchase of dimethyl carbonate in the middle and downstream, the price of DMC kept rising, and the weekly profit increased to 10,184.2 CNY/ton.

On the 25th, the market is rising like opening, breaking away from the cost line control, and the price breaks through the ten thousand yuan mark. Many operators are difficult to choose the market trend, the voice of the supplier is gradually enhanced, restricting the mentality of downstream procurement.

Till the middle and late November, the downstream and terminal markets of DMC are still hot, and the demand for new orders can be followed up. Affected by industry profits, there is strong resistance to the high level of RAW material DMC. With the release of new production capacity next month, some industries such as the release of sentiment; For the factory, to keep the pace of shipment is the fundamental result, Longzhong expects that the short-term DMC market is not easy to rise and fall, this month may not be down, long-term downside risk, pay attention to factory guidance.