According to the monitoring data of business society, as of December 3, the average ex factory price of domestic industrial grade dimethyl carbonate was 10166 yuan / ton. Compared with the price on November 28, 2021 (the reference price of dimethyl carbonate was 10600 yuan / ton), the average price was reduced by 434 yuan / ton, a decrease of 4.09%.

It can be seen from the data monitoring chart of business agency that the domestic dimethyl carbonate market showed a downward trend as a whole this week, with a decrease of 4.09% during the week. At the beginning of the week (November 29), the trading atmosphere of domestic dimethyl carbonate on the floor was general, the spot market on the floor was at a low level, and the supply and demand sides maintained the trend of last weekend without obvious change. On Tuesday (November 30), the market price of dimethyl carbonate fell slightly, with a decrease of 100-200 yuan / ton. The quotation on the floor was chaotic, and the overall trading atmosphere was still weak, The bearish atmosphere of the industry increased, and then entered the mid week stage. The domestic dimethyl carbonate market was weakly and stably consolidated and operated, and the market atmosphere continued to be quiet. The industry watched carefully, and the offer range was temporarily stable. Near the weekend (December 3), the decline of the dimethyl carbonate market was obvious. The factory adjusted the price of dimethyl carbonate by 200-500 yuan / ton. At present, The atmosphere of buyers in the venue is still cold, suppliers generally actively sell goods at a profit, and downstream purchases continue to watch the market carefully.

In terms of index, the dimethyl carbonate commodity index on December 2 was 185.88, the same as yesterday, 25.65% lower than the highest point of 250.00 in the cycle (2021-10-26), and 85.88% higher than the lowest point of 100.00 on June 6, 2021. (Note: the period refers to the period from June 1, 2021 to now)

In terms of upstream dimethyl ether, this week, the domestic dimethyl ether Market in Henan fell as a whole. According to the monitoring data of business agency, as of December 3, the ex factory price of dimethyl ether in Henan was 3967 yuan / ton. Compared with the beginning of this week, the price was reduced by 193 yuan / ton, a decrease of 34.63% during the week.

Future trend analysis

It is said that after the equipment maintenance of Shandong plant is completed next week, the dimethyl carbonate unit will start operation soon. In due time, the supply of dimethyl carbonate in the site will increase. Therefore, at present, the dimethyl carbonate industry is still bearish on the future market as a whole, the wait-and-see mood in the downstream is not reduced, and take the goods carefully. The DMC data division of business society believes that in the short term, the domestic DMC market will continue to be weak, mainly through narrow adjustment, and more attention should be paid to the specific changes at the supply and demand side.