Dimethyl Carbonate Production is Gradually Released and the Overall Demand is not Good

Since the release of the news that the DMC output of Shandong Shida Shenghua Quanzhou device in mid to late February, while Shandong Lihua Yi is expected to stop for one month in March, the atmosphere of the dimethyl carbonate market began to change again.

Price up and downs of DMC

Domestic DMC mainstream market price trend from 2021-2022

Since late February, the main demand has not significantly improved, especially the main downstream industry lithium battery electrolyte by other raw materials to start low, while the polycarbonate industry is due to Shandong Lihua Yi parking maintenance for a month to reduce demand, and coating adhesives market because of the price advantage in the case of demand turned good, but therefore the market is in a clear "off-season ".

Thus the overall market demand is still reduced. As of March 4, Shandong mainstream Dimethyl carbonate prices at 5700-6000 CNY/ton, but considering the current cost prices gradually rise, the DMC support is strong.

However, in 2022, the production will rise again, so the price of dimethyl carbonate is unlikely to be high without an increase in demand.

In March, it is expected that the main downstream industries of dimethyl carbonate, polycarbonate and lithium battery electrolyte are in a weak trend in terms of the possibility of increased demand, and the consumption of dimethyl carbonate in other industries does not play a large role.

The later stage still depends on the node of increasing demand of lithium battery and the situation of polycarbonate.