Recently, the overall Dimethyl carbonate market has risen in a narrow range (7.17-7.24)

According to the monitoring data of the business community, as of July 24, 2023, the factory price reference of domestic industrial Dimethyl carbonate was 4833 yuan/ton, which was 67 yuan/ton higher than that of July 17, 2023 (the reference price of Dimethyl carbonate was 4766 yuan/ton), or 1.40%.

 

It can be seen from the data monitoring chart of the business community that in the near future (7.17-7.24), the domestic market of Dimethyl carbonate has experienced a narrow upward movement after consolidation. Last week (7.17-7.23), the overall domestic Dimethyl carbonate market was stable and consolidated, and the supply and demand in the market was relatively stable. Entering this week, on July 24, some factories in Shandong Province whose earlier quotations were lower raised the price of Dimethyl carbonate by 100-200 yuan/ton. Most other factories and suppliers continued to offer steadily. As of July 24, the domestic market price of Dimethyl carbonate was around 4800-5000 yuan/ton.

 

Analysis of Future Market Trends

 

At present, the trading atmosphere of Dimethyl carbonate in the market is relatively light, the new orders are closed cautiously, and the downstream mainly continue to purchase just in need. The Dimethyl carbonate data engineer of the business agency believes that in the short term, the domestic Dimethyl carbonate market is dominated by narrow adjustment and operation, and the specific trend needs to pay more attention to the information changes on the supply and demand side.

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