According to the monitoring data of business society, as of November 17, the average ex factory price of domestic industrial grade dimethyl carbonate was 8733 yuan / ton. Compared with the price on November 14, 2021 (the reference price of dimethyl carbonate was 8000 yuan / ton), the average price increased by 733 yuan / ton, an increase of 9.17%. Compared with November 8 (the reference price of dimethyl carbonate was 8633 yuan / ton), the average price increased by 100 yuan / ton, an increase of 1.16%.

In early November, the domestic dimethyl carbonate market fell sharply, the supply continued to increase, and the performance of the downstream market was flat. The price of dimethyl carbonate fell all the way since the beginning of the month. Until the end of last week, the industry had a strong desire to rise, and the market was expected to pick up slightly. At the beginning of this week (15th), the domestic dimethyl carbonate market finally rebounded slightly. With the increase of foreign trade orders of dimethyl carbonate, the inventory pressure decreased. The price of dimethyl carbonate in Shandong increased slightly by 200-300 yuan / ton. The atmosphere of new orders was general, and the demand was mainly for just needed procurement. On the 16th, the domestic dimethyl carbonate market price continued to rise, The increase range is 300-500 yuan / ton. After the correction of market price for two consecutive days, the enthusiasm of downstream demand has improved, but the overall wait-and-see mood of the market is still, and the transaction of new orders is still cautious. As of the 16th, the domestic reference price of dimethyl carbonate was around 8500-9000 yuan / ton, and the average price was 8733 yuan / ton, an increase of 9.17% in two days.

In terms of upstream propylene oxide, recently, the domestic propylene oxide market was weak and downward. According to the monitoring data of business society, the reference price of propylene oxide was 15800 yuan / ton on November 16, down 8.6% compared with November 1 (17300 yuan / ton).

Future trend analysis

At present, the downstream of dimethyl carbonate still needs time to digest the rapid price correction, and the overall procurement is still cautious. The dimethyl carbonate data division of business society believes that in the short term, the consolidation and operation of the domestic dimethyl carbonate market is the main, and more attention needs to be paid to the specific changes at the supply and demand side.