According to the monitoring data of business society, as of January 25, 2022, the average ex factory price of domestic industrial grade dimethyl carbonate is 9933 yuan / ton. Compared with the price on January 1, 2022 (the reference price is 8733 yuan / ton), the average price is increased by 1200 yuan / ton, or 13.74%.

From the business data monitoring chart, it can be seen that in January, the domestic dimethyl carbonate market showed a steady upward trend. After the end of the new year’s Day holiday, the downstream of domestic dimethyl carbonate began to prepare goods one after another, and the downstream demand performed well. The goods were prepared and purchased intensively before the festival. The sales pressure of dimethyl carbonate factory was small, and the market price of dimethyl carbonate was strong and upward all the way. On January 15, the average price of domestic dimethyl carbonate was 9550 yuan / ton. Compared with the beginning of the month, the average price was increased by 817 yuan / ton, a half month increase of 9.35%.

In late January, the construction of Shandong dimethyl carbonate factory was postponed, the on-site supply decreased, and the supply pressure of the factory was not large. The market price of dimethyl carbonate continued to rise. On January 21, the average ex factory price of domestic dimethyl carbonate rose to around 9933 yuan / ton, an increase of 4.01% in seven days. In the last week of January, the downstream preparation of dimethyl carbonate was completed one after another, and the purchasing atmosphere became weaker. Supported by the continuous tight supply before the festival, the dimethyl carbonate market continued to operate at a high level. The downstream customers mainly waited and waited after the preparation, and there were sporadic out of stock replenishment orders. As of January 25, the ex factory price of domestic dimethyl carbonate was around 9800-10000 yuan / ton, The cumulative increase in January exceeded 13%.

In terms of index, the dimethyl carbonate commodity index on January 24 was 175.29, the same as yesterday, 29.88% lower than the highest point of 250.00 in the cycle (2021-10-26), and 75.29% higher than the lowest point of 100.00 on June 6, 2021. (Note: the period refers to the period from June 1, 2021 to now)

On the upstream side of propylene oxide, the market price of propylene oxide has risen recently. The price of raw propylene rose, the cost support was gradually strengthened, some devices in the field operated with a slightly low load, and the spot supply was tight, which supported the manufacturers’ mentality of supporting the market. At the beginning of the week, the new orders in the downstream were general, mainly on the sidelines. With the moderate preparation of some downstream goods, the market was strong and followed up. On the 24th, the mainstream quotation of propylene oxide Market in Shandong was around 11100-11200 yuan / ton.

For the upstream dimethyl ether Market, on January 24, the domestic dimethyl ether market rose strongly, the Henan market rose slightly, and the market prices in Hebei and Shandong rose significantly, with a range of 50 yuan / ton. The cost methanol market was adjusted horizontally, and the civil LPG market was stable and upward, which brought some support to the market. The market trading atmosphere was mild. It is expected that the dimethyl ether market will still rise slightly in the short term.

Future trend analysis

At present, the downstream factories of dimethyl carbonate have been withdrawn from the market for holidays, and the market inquiry atmosphere is light. The dimethyl carbonate analysts of the business society believe that before the Spring Festival, the domestic dimethyl carbonate market is stable and in full operation, and more attention needs to be paid to the basic changes in supply and demand.