According to monitoring data from Business Society, as of November 17, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4200 yuan/ton. Compared with November 12 (the reference price of dimethyl carbonate was 4100 yuan/ton), the price increased by 100 yuan/ton, an increase of 2.44%.

From the data monitoring chart of the Business Society, it can be seen that this week, the overall domestic dimethyl carbonate market showed a steady upward trend. This is also the first increase in the dimethyl carbonate market in nearly a month.

The main factor supporting the rise of dimethyl carbonate market comes from the supply side. There are new maintenance devices added in the dimethyl carbonate field, and it is rumored that leading enterprises may have maintenance plans for 300000 tons of devices. The expected supply of dimethyl carbonate will decrease, and the supply pressure will be reduced. This will support dimethyl carbonate factories and suppliers to actively raise prices, with an increase of about 100 yuan/ton. As of November 17th, the domestic market price of dimethyl carbonate is around 4000-4300 yuan/ton, with higher prices around 4400-4500 yuan/ton.

Analysis of Future Market Trends

Currently, the overall performance of downstream demand for dimethyl carbonate is poor, with limited support from the demand side for dimethyl carbonate, and the overall operating rate of downstream factories is average. In terms of supply, currently, the preliminary maintenance equipment is still in the process of parking. In the short term, the supply side of dimethyl carbonate will still provide some support to the market. The dimethyl carbonate data analyst at the Business Society believes that in the short term, the domestic dimethyl carbonate market will mostly show fluctuating operation in the range, and more attention should be paid to the changes in supply and demand information.