According to the monitoring data of business society, as of March 18, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate was 5966 yuan / ton, which was reduced by 200 yuan / ton or 3.24% compared with the price on March 13, 2022 (the reference price of dimethyl carbonate was 6166 yuan / ton).
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It can be seen from the data monitoring chart of business society that this week, the domestic dimethyl carbonate market first rose slightly and then fell weakly, with an overall decline of more than 3% during the week. At the beginning of the week, affected by the shutdown of some units in Shandong, the supply of dimethyl carbonate in the field decreased, supporting the firm offer of the industry. On the 14th and 15th, the domestic dimethyl carbonate market increased slightly, with an increase range of around 100-300 yuan / ton. On the 15th, the ex factory price of domestic industrial dimethyl carbonate was around 6100-6500 yuan / ton. In the middle of the week, the trend of upstream raw materials was weak, which weakened the cost support of dimethyl carbonate. In addition, the downstream operating rate was low and the demand was weak. Starting from the 16th, the domestic dimethyl carbonate Market weakened, the dimethyl carbonate factory made profit and shipped goods, and the factory price of dimethyl carbonate was reduced by about 100-200 yuan / ton. The market continued to operate weakly. On the 18th, affected by logistics restrictions and other factors, The market focus of dimethyl carbonate continued to move downward. As of the 18th, the ex factory price of dimethyl carbonate in China was around 5800-6200 yuan / ton. At present, the floor trading of dimethyl carbonate is cold and the turnover is limited.
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On the upstream side of propylene oxide, the market price of propylene oxide has fallen recently. Last Wednesday, the price of raw propylene was high, the cost support was obvious, the supply was mainly stable, the downstream demand was general, and the price was strong under the support of strong cost. As the price of raw propylene gradually decreased, the cost support gradually weakened, the market supply was abundant, the demand side was cold, and the market price of epoxypropane decreased. On the 16th, the mainstream quotation of propylene oxide Market in Shandong was around 11100-11300 yuan / ton.
Future trend analysis
At present, the overall performance of domestic dimethyl carbonate market is weak in both supply and demand, and the downstream is cautious and just needs to purchase. The dimethyl carbonate data division of business society believes that in the short term, the domestic dimethyl carbonate market is weak, mainly sorting and operation, and the specific trend needs to pay more attention to the news changes of supply and demand.
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