According to the monitoring data of business society, as of May 7, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate was 4900 yuan / ton, which was basically the same as that on May 1, 2022. Compared with the price on April 1, 2022 (the reference price of dimethyl carbonate was 5566 yuan / ton), the price was reduced by 666 yuan / ton, down 11.98%.

It can be seen from the data monitoring chart of the business society that in May and the first week after the labor day, the domestic dimethyl carbonate market was dominated by stable consolidation and operation, the downstream demand of dimethyl carbonate after the festival was mostly rigid and procurement was mainly needed, and the trading atmosphere on the floor was general. The price adjustment of some dimethyl carbonate suppliers in a narrow range had little impact on the overall trend of the market. The quotation of dimethyl carbonate factories was mostly stable compared with that before the festival, and the overall news on the floor was relatively calm. As of May 7, the ex factory price of dimethyl carbonate in China is around 4700-5000 yuan / ton. At present, there is a certain raw material reserve in the downstream of dimethyl carbonate, and small orders are mainly negotiated in the field.

In terms of upstream propylene oxide, after the festival, the domestic propylene oxide market rose. According to the data monitoring of business agency, the reference price of propylene oxide was 11633.33 yuan / ton on May 6, up 2.05% compared with May 1 (11400 yuan / ton).

Future trend analysis

After the festival, the rise of raw material propylene oxide has enhanced the cost support of dimethyl carbonate, and the dimethyl carbonate market has fallen to a relatively low level. The dimethyl carbonate data division of business society believes that in the short term, the domestic dimethyl carbonate market is expected to run steadily and slightly. However, due to the lack of obvious overall demand boost, the power of the market to recover significantly is still insufficient, and more attention needs to be paid to the news changes of supply and demand.