In Early July, the Center of Gravity of Dimethyl Carbonate Moves Upward

As of July 13, 2022, the average ex-factory price of domestic industrial-grade dimethyl carbonate is 6,833 CNY/ton. Compared with July 1, 2022 (the reference price of dimethyl carbonate is 6,000 CNY/ton), the price has increased by 833 yuan. CNY/ton, an increase of 13.89%.

In the first ten days of July, the domestic dimethyl carbonate market ushered in an upward trend. The overall supply of dimethyl carbonate in the dimethyl carbonate market decreased, the factory inventory was low, and the pressure on the supply side was relieved. Since the beginning of July, the quotation prices of dimethyl carbonate manufacturers have been continuously adjusted upward. , the dimethyl carbonate market center of gravity continues to move up. In terms of downstream demand, with the gradual recovery of downstream electrolytes and related industries, the demand for dimethyl carbonate is relatively stable, and the demand-side support is also gradually increasing. As of July 13, the domestic ex-factory price of dimethyl carbonate was around 6600-7000 CNY/ton. Compared with the beginning of the month, the cumulative increase was 600-1000 CNY/ton, an increase of nearly 14%. At present, the trading atmosphere in the market is good, and the market is running well as a whole.

In terms of upstream propylene oxide, recently (7.4-7.8), the propylene oxide market fell this week. Recently, the raw material propylene market has been operating at a low level. The cost side is generally supported. The supply side is mainly stable. The factory shipped well at the beginning of the week and the market is not under pressure. The mainstream quotation of propylene oxide in Shandong area is around 9300-9400 CNY/ton. The downstream purchasing attitude is cautious, and the market trading atmosphere is light.

Market analysis

At present, the demand side of dimethyl carbonate is performing well, and under the support of the favorable demand side, the atmosphere of new orders in the market is relatively active. The dimethyl carbonate data engineer of the business club believes that in the short term, the domestic dimethyl carbonate market is mostly strong. Mainly, the specific trend needs to pay more attention to the news changes on the supply and demand side.