According to monitoring data from Business Society, as of August 30, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4300 yuan/ton. Compared with August 1 (the reference price of dimethyl carbonate was 4666 yuan/ton), the price was reduced by 333 yuan/ton, a decrease of 7.86%.
From the data monitoring chart of the Business Society, it can be seen that from August 8.1 to August 30, the overall market situation of dimethyl carbonate in China showed a weak decline. This month, the overall operating rate of dimethyl carbonate plants in China has increased, and the overall on-site supply has increased. The supply side is under pressure, coupled with average downstream demand performance. The electrolyte solvent market is cautious in stocking, with few transactions, and the market atmosphere is cold. The demand side provides limited support for dimethyl carbonate, and the supply and demand transmission is slow. In order to stimulate shipment, dimethyl carbonate factories have successively lowered the factory price of dimethyl carbonate, The cumulative decrease within the month is around 200-400 yuan/ton, and the overall center of gravity of dimethyl carbonate is weak and moving downwards. As of August 30th, the domestic market price of dimethyl carbonate is referenced around 4100-4500 yuan/ton.
Analysis of Future Market Trends
At present, the trading of new orders for dimethyl carbonate on the market is cautious, with a focus on maintaining just demand. The overall downstream operating rate is low, and the support provided to dimethyl carbonate is limited. The dimethyl carbonate data analyst at the Business Society believes that in the short term, the domestic market for dimethyl carbonate is mostly weak and the operation is mainly adjusted. The specific trend still needs to pay more attention to changes in supply and demand news.
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