According to monitoring data from Business Society, as of May 26, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4600 yuan/ton, a decrease of 166 yuan/ton or 3.50% compared to May 1, 2023 (reference price of dimethyl carbonate at 4766 yuan/ton).

From the data monitoring chart of the Business Society, it can be seen that since May (5.1-5.26), the overall market situation of dimethyl carbonate in China has shown a slight weak decline. In early May, after returning from the Labor Day holiday, there was little change in the supply and demand news of the domestic dimethyl acetate market, and the overall market was relatively calm. The overall market of dimethyl carbonate remained stable and consolidated. Subsequently, due to insufficient downstream demand, the on-site supply of dimethyl carbonate was under pressure. On the 8th, some factories lowered the price of dimethyl carbonate by about 200 yuan/ton, and the market continued to consolidate weakly.

In late May, the supply side of dimethyl carbonate decreased, and the supply pressure eased. The overall dimethyl carbonate market continued to consolidate and operate. However, the follow-up of downstream actual orders remains average, with cautious procurement and slow supply and demand transmission of dimethyl carbonate. On the 24th, some dimethyl carbonate factories slightly lowered the price of dimethyl carbonate again, with a reduction of about 100 yuan/ton. The overall focus of the dimethyl carbonate market has declined in a narrow range. As of May 26, the domestic market price of dimethyl carbonate is around 4400-4800 yuan/ton.

Analysis of Future Market Trends

At present, the overall trading atmosphere of dimethyl carbonate in the domestic market is average, and there is a certain wait-and-see sentiment in the market. Downstream purchases of dimethyl carbonate mainly continue to be on demand, with limited new orders. The business company’s dimethyl carbonate data analyst predicts that in the short term, the domestic dimethyl carbonate market will mainly adjust and operate within a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.