According to the monitoring data of the business community, as of September 20, 2022, the reference average ex factory price of domestic industrial dimethyl carbonate was 7033 yuan/ton, basically unchanged compared with September 1, 2022, and increased by 583 yuan/ton or 9.04% compared with September 1, 2022 (the reference price of dimethyl carbonate was 6450 yuan/ton).

It can be seen from the data monitoring chart of the business community that since September (9.1-9.21), the domestic market of dimethyl carbonate has been running upward as a whole. At the beginning of September, the domestic dimethyl carbonate market had a small decline, the downstream demand support was loose, the atmosphere in the market was light, and the market trading was flat.

In the middle of September, after the Mid Autumn Festival, the domestic market of dimethyl carbonate steadily rose, the trading atmosphere in the market warmed up, and some dimethyl carbonate plants raised their prices by 200-300 yuan/ton. As of September 15, the domestic market price of dimethyl carbonate was around 6600-6800 yuan/ton, with a half month increase of 3.88%.

In late September, the market focus of domestic dimethyl carbonate continued to move up, and the National Day was coming. The downstream of dimethyl carbonate was prepared in advance. The atmosphere of on-site trading and investment was active, and the supply pressure of the factory was low. The factory’s quotation was firm and raised by about 300-600 yuan/ton. As of September 20, the domestic market price of dicarboxylic acid has basically exceeded the 7000 yuan mark, with reference to the 7100 yuan/ton range. On the 21st, the atmosphere of dimethyl carbonate on the site was weaker, and the quotations of some factories were slightly lowered by 200 yuan/ton. As of September 21, the domestic market price of dicarboxylic acid was around 6700-7200 yuan/ton, with an increase of more than 9% since September. At present, the trading atmosphere of dimethyl carbonate in the market is mild, and the overall market is dominated by consolidation at a high level.

In terms of upstream propylene oxide, the recent (9.14-9.19) propylene oxide market declined. Recently, the market price of raw propylene has risen, and the cost support has been strengthened. Since the 14th, although the supply side inventory has accumulated slightly, it is temporarily controllable. The demand side is flat and just needs to follow up. The downstream purchasing sentiment is not high, so it is mainly cautious and wait-and-see. On the 19th, the mainstream quotation of propylene oxide market in Shandong Province was lowered to 9950-10100 yuan/ton. Some devices at the supply side recovered, and the demand side is still flat, waiting and waiting.

Future trend analysis

At present, domestic dimethyl carbonate supply and demand transmission is still good, downstream pre festival goods are well prepared to support the market, and the overall mentality of the industry is still good. Dimethyl carbonate mathematicians from the business community believe that in the short term, the domestic dimethyl carbonate market will mostly be sideways organized and operated, and the price may also have a small range adjustment. The specific trend needs to pay more attention to the specific information changes on the supply and demand side.