This cycle (5.9-5.16) saw a stable, moderate, and weak operation in the methyl ethyl carbonate market. As of May 16th, the market price of methyl ethyl carbonate remained stable, with electronic grade market prices ranging from 8300-8400 yuan/ton, which remained unchanged from May 9th. In the short term, it remains stable and driven by various demand factors.

Supply side:

The dimethyl carbonate market is stable with little movement, and the overall performance of spot prices is still good. Most of the main factories have no shipping pressure, and there is a clear intention to push up inventory; Although there has been no significant increase in the main raw material of environmental protection, although the emotional game has intensified, a small amount of cross regional trading continues to support most manufacturers without pressure. The demand will definitely increase, and the purchasing enthusiasm will be strong. In the short term, it is expected that dimethyl carbonate may show an upward trend. As of May 16th, the benchmark price of dimethyl carbonate in Shengyishe was 4166.67 yuan/ton, an increase of 0.81% compared to the beginning of this month (4133.33 yuan/ton).

Demand side:

The downstream electrolyte is in the off-season, and high inventory pressure suppresses the purchase of raw materials. In addition, due to poor cost transmission in the industrial chain, there are obstacles in the rebound of various solvent product markets. Therefore, overall, due to the impact of cost and weak supply and demand support, the prices of several solvent products in the market will remain relatively stable in the short term.

Recently, there have been more production of methyl ethyl carbonate, with 60000 tons of Shandong Zhuohang, 100000 tons of Hubei Haoke, and 100000 tons of Anhui Dongke all put into operation. In the later stage, more integrated devices will be put into operation, resulting in a significant increase in production growth.

Overall:

The overall supply of methyl ethyl carbonate remains stable, and some manufacturers still have a strong intention to support the market even without pressure. Downstream demand is still in urgent need of follow-up, and market exploration is not easy. The trading atmosphere remains stagnant. Business Society analysts predict that in the short term, the cost side may still have some support, market supply may still be sufficient, downstream demand may follow the market, and the market is expected to remain stagnant.