According to the monitoring data of business society, as of November 8, the average ex factory price of domestic industrial grade dimethyl carbonate was 8633 yuan / ton. Compared with the price on November 5, 2021 (the reference price of dimethyl carbonate was 10833 yuan / ton), the average price was reduced by 2200 yuan / ton, a decrease of 20.31%. Compared with November 1 (the reference price of dimethyl carbonate was 13666 yuan / ton), the average price was reduced by 5033 yuan / ton, a decrease of 36.83%.

Since the beginning of November, the domestic supply of dimethyl carbonate has been increasing. In order to actively seize the downstream new order market, the quotation of dimethyl carbonate factory has been falling all the way. However, after the factory gradually transferred profits and shipped goods, the response of downstream and terminal markets is poor, and the procurement enthusiasm has not been significantly improved. At the beginning of this week (the 8th), the domestic dimethyl carbonate market fell sharply again, and the market trend can be described as a diving decline. On the 8th, the ex factory price of dimethyl carbonate in Shandong was referred to 8200-8400 yuan / ton, which was reduced by 1000-1500 yuan / ton compared with the previous working day, and the factory volume was dominated. The ex factory price of dimethyl carbonate in Anhui is 8300-8500 yuan / ton, down 1500-2000 yuan / ton compared with the previous working day. At present, there is still room for the actual transaction in the market. At present, after the market price of dimethyl carbonate fell sharply, the on-site supply-demand game appeared. As of the 8th, according to the monitoring data of business society, the average ex factory price of domestic dimethyl carbonate was 8600 yuan / ton, which was reduced by 2200 yuan / ton, or 20.31%, compared with the 5th.

In terms of propylene glycol, according to the monitoring data of business society, as of November 8, the average ex factory price of domestic industrial propylene glycol was 21266 yuan / ton. Compared with November 5 (the reference price of propylene glycol was 21833 yuan / ton), the average price was reduced by 567 yuan / ton, a decrease of 2.60%; Compared with November 1 (propylene glycol reference price 23900 yuan / ton), the average price was reduced by 2633 yuan / ton, a decrease of 11.02%.

On October 1, the overall stalemate in the domestic propylene glycol market fell. Since February 2 and 3, the on-site supply of propylene glycol has gradually recovered, and the price support given by the tight supply in the early stage has been loosening. In addition, the market of raw material propylene oxide has also declined, and the cost support is weak. At the beginning of this week (August), propylene glycol units in some parts of China resumed operation one after another, and the on-site supply continued to increase. On August 8, the propylene glycol market fell slightly again. The ex factory price of propylene glycol in Shandong was around 21000-21600 yuan / ton. At present, the downstream demand performance is general, the wait-and-see bearish atmosphere is strong, and the overall transaction is cold. As of August 8, According to the monitoring data of business society, the average ex factory price of propylene glycol is 21266 yuan / ton, a decrease of 2.60% compared with last weekend.

In terms of upstream propylene oxide, entering November, the propylene oxide market has operated stably. Recently, the market of raw material propylene fell, the price of liquid chlorine was weak, the cost support was loose, and the subsequent maintenance plans of the main factories were kept. However, the downstream was more cautious and wait-and-see, the purchase enthusiasm was not high, the factory was under pressure and the price was high, and the market stalemate was weak. On the 8th, according to the data monitoring of the business community, the average price of propylene oxide in Shandong was 16766 yuan / ton, compared with the 5th, A decrease of 3.08%.

Future trend analysis

At present, the demand for propylene glycol and dimethyl carbonate does not perform well. In the case of strong wait-and-see sentiment in the downstream, increased supply and insufficient demand, it is expected that in the short term, there will be a lot of stock accumulation on the site. In addition, the cost support given by the downward trend of raw materials is also loose. From the perspective of comprehensive supply and demand of raw materials, the analysts of propylene glycol and dimethyl carbonate in business society believe that in the short term, Domestic propylene glycol and dimethyl carbonate are mostly weak finishing operation, which does not rule out that there are still downside risks in the market. More attention should be paid to the specific changes at the supply and demand end.