According to the monitoring data of the Business News Agency, as of March 29, 2023, the factory price of domestic industrial grade dimethyl carbonate was referenced at 4800 yuan/ton. Compared to March 1, 2023 (the reference price of dimethyl carbonate was 5133 yuan/ton), the price was reduced by 333 yuan/ton, a decrease of 6.49%.

As can be seen from the data monitoring chart of the Business Agency, from March to now (3.1-3.30), the overall domestic dimethyl carbonate market has been weak and in a downward trend. At the beginning of this month, supported by the high cost side, the dimethyl carbonate market slightly increased and operated, but due to the continued general demand of downstream factories and terminals, and insufficient demand boost, although the supply side of dimethyl carbonate decreased slightly, it still could not continue to support the high and stable operation of the dimethyl carbonate market. From mid to late March, domestic dimethyl carbonate began to experience a cold downturn, with weak effective support on the market, The focus of the transaction has been constantly declining. As of March 30, the decline in the dimethyl carbonate market is around 300-500 yuan/ton. As of March 30, the domestic market price of dimethyl carbonate is around 4400-5000 yuan/ton.

Future trend analysis

At present, the atmosphere of dimethyl carbonate trading on the market is general, the transmission of supply and demand is relatively slow, and the downstream wait-and-see mood is relatively strong. The business agency’s dimethyl carbonate data analyst believes that in the short term, the domestic market for dimethyl carbonate is mainly weak in terms of consolidation and operation, and the specific trend needs to pay more attention to the changes in information on the supply and demand side.