According to the monitoring data of business society, as of February 18, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate was 6833 yuan / ton. Compared with the price on February 13, 2022 (the reference price of dimethyl carbonate was 8633 yuan / ton), the average price was reduced by 1800 yuan / ton, a decrease of 20.85%.

From the business data monitoring chart, it can be seen that in February, the domestic dimethyl carbonate market showed a sharp downward trend. In early February, during the Spring Festival holiday, the domestic market of dimethyl carbonate was calm, and there was no significant change in the venue. After the holiday, in the first week (9th day) after the start of construction, the domestic market of dimethyl carbonate went down when it was cold, and the downstream demand opened slowly after the holiday. Under the cold demand, the factory continuously reduced the ex factory price of dimethyl carbonate, with a cumulative reduction range of about 1000-1500 yuan / ton in the first week. As of February 15, the ex factory price of domestic dimethyl carbonate was around 7500-8500 yuan / ton.

In late February, domestic dimethyl carbonate plants started one after another, and the plants in Shandong and Zhejiang operated smoothly. The on-site supply of dimethyl carbonate increased again. However, the downstream demand side was still calm, the demand was more rigid, and the purchase was mainly needed. With the gradual imbalance between supply and demand, the domestic dimethyl carbonate market continued to decline deeply. On the 18th, The ex factory price of dimethyl carbonate in East China fell to around 6500-7300 yuan / ton. After a few days of temporary stable consolidation and operation of the market, the domestic dimethyl carbonate Market loosened and fell again on the 22nd. As of the 22nd, the ex factory price of domestic dimethyl carbonate was around 6500-7000 yuan / ton, and the average price was 6566 yuan / ton. The decline in February has exceeded 33%.

For the upstream propylene oxide Market, as of February 21, the overall market price of propylene oxide in Shandong was mainly rising. On February 21, the mainstream quotation of propylene oxide Market in Shandong was around 11800-11900 yuan / ton. According to the monitoring data of business agency, the reference average ex factory price of propylene oxide in Shandong was 11966.67 yuan / ton on the 21st, an increase of 5.9% compared with February 1 (11300 yuan / ton).

Future trend analysis

At present, after the dimethyl carbonate market fell to the low point, the market trading atmosphere has improved, and the volume of single transaction is still limited. Dimethyl carbonate analysts of business society believe that in the short term, the domestic dimethyl carbonate market is mainly adjusted and operated in a narrow range, and more attention needs to be paid to the basic changes in supply and demand.