Demand Rebounds, Dimethyl Carbonate Market is Running Up

As of June 13, 2022, the average ex-factory price of domestic industrial grade dimethyl carbonate is 5716 CNY/ton, compared with June 10, 2022 (the reference price of dimethyl carbonate is 5616 CNY/ton), the price has increased by 100 yuan. Compared with June 1, 2022 (the reference price of dimethyl carbonate is 5350 CNY/ton), the price has increased by 366 CNY/ton, an increase of 6.85%.

Entering June, the overall domestic dimethyl carbonate market showed a steady upward trend. Entering this week, the dimethyl carbonate market has once again ushered in an upward movement. The increase in foreign trade orders has supported the focus of the dimethyl carbonate market to move upward. Coupled with the steady resumption of work in the downstream, the overall performance of the demand side has improved, and the inventory of dimethyl carbonate in the field is low. , Some factories placed orders for sales, the sales pressure was small, and the atmosphere of price support gradually increased. On June 13, the quotations of some dimethyl carbonate factories were firmly raised, and the increase rate was around 100-300 CNY/ton. The ex-factory price of dimethyl carbonate refers to Around 5700 CNY/ton, the high-end price refers to around 5800-6000 CNY/ton. At present, the trading atmosphere in the dimethyl carbonate market is good, and the supply and demand conduction is relatively smooth.

In terms of upstream propylene oxide, on June 13, the domestic propylene oxide market was running down as a whole. According to monitoring data, as of June 13, the average price of propylene oxide enterprises was 11,266.67 CNY/ton, which was the same as June 1. (11,633.33 CNY/ton), a decrease of 3.15%. Recently, the raw material propylene market has fallen, the cost support has weakened, the supply side is mainly stable, the downstream demand is deserted, the factory inventory is controllable and the price is high, the market trading atmosphere is general, and the market is running smoothly. With the follow-up of downstream reduction, the market gradually Under pressure, the price stalemate weakened.

market outlook

At present, the overall operating rate of the supply side of dimethyl carbonate in the field is relatively low, the supply in the field has decreased, and the supply side has also given some support to the market in the short term. The dimethyl carbonate data engineer believes that in the short term, the domestic dimethyl carbonate market More stable and more firm operation is the main, and the specific trend needs to pay more attention to the news changes on the supply and demand side.