In June, Dimethyl Carbonate Rose As A Whole, With A Monthly Increase of 8.41%

According to monitoring data, as of June 27, 2022, the average ex-factory price of domestic industrial-grade dimethyl carbonate is 5,800 CNY/ton, which is similar to that on June 1, 2022 (the reference price of dimethyl carbonate is 5,350 CNY/ton). In comparison, the price was raised by 450 CNY/ton, an increase of 8.41%.

It can be seen from the data monitoring chart that in early June, after the Dragon Boat Festival, the domestic dimethyl carbonate market ushered in an upward trend. The market is mainly on the upside. Then, supported by the increase in demand after the resumption of work and production in the downstream, the dimethyl carbonate market has ushered in a wide rise. As of June 15, the domestic reference price of dimethyl carbonate is around 5,866 CNY/ton. , a half-month increase of 9.66%. Subsequently, the market rally slowed down and the overall high level consolidation operation. At the end of June, the dimethyl carbonate market fluctuated. On the 20th and 21st, the offer price of dimethyl carbonate in some factories was slightly lowered by 100-200 CNY/ton, and then the market was organized and operated. On the 27th, some factories in Shandong raised the ex-factory price of dimethyl carbonate by 200 CNY/ton, and the quotations of other factories have stabilized. As of the 27th, the domestic ex-factory price of dimethyl carbonate was around 5500-6200 CNY/ton, an increase of over 8% within the month. At present, the trading atmosphere in the dimethyl carbonate field is quiet, and the news is relatively calm.

In terms of upstream propylene oxide, the recent (6.21-6.27) propylene oxide market fell. Recently, the raw material propylene market has weakened, the cost support is limited, and some devices have fluctuated, but the supply side is abundant, and the demand side has not improved significantly.The mainstream quotation in the market is around 10,000-10,200 CNY/ton.

Market analysis

At present, the downstream demand for dimethyl carbonate has not changed much, and most of the purchases continue to be just-needed. The new orders in the market are generally traded. The dimethyl carbonate data engineer of the business club believes that in the short term, the domestic dimethyl carbonate market will be stable and small. The range adjustment is the main operation, and the specific trend needs to pay more attention to the news changes on the supply and demand side.