According to monitoring data from Business Society, as of April 15, 2024, the factory price reference for domestically produced industrial grade dimethyl carbonate is 4133 yuan/ton. Compared with April 1 (reference price for dimethyl carbonate is 4000 yuan/ton), the price has increased by 133 yuan/ton, an increase of 3.33%.
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From the monitoring chart of Business Society data, it can be seen that in early April, the overall domestic dimethyl carbonate market showed an upward trend. After entering April, the overall trading atmosphere of dimethyl carbonate on the market has improved, and the volume of inquiries on the market has increased significantly. The downstream demand for dimethyl carbonate has also improved overall. With the support of demand, the supply and inventory of dimethyl carbonate have gradually been digested, reducing the pressure on the supply side. Therefore, supported by both supply and demand, the focus of the dimethyl carbonate market is constantly moving upwards. As of April 15th, the domestic market price of dimethyl carbonate is based on around 4000-4200 yuan/ton.
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Future Market Forecast
At present, the trading atmosphere of dimethyl carbonate on the market is still good, the mentality of the operators is good, and the overall transmission between supply and demand is still good. However, the recent decline in the market price of epoxy propane on the raw material side has slightly loosened the cost support for dimethyl carbonate, and there may be a slight decrease in the market price in the future. The data analyst from Business Society believes that in the short term, the market trend of dimethyl carbonate will mainly be stable with small fluctuations, and the specific trend still needs to pay more attention to changes in supply and demand and other news.
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