According to monitoring data from Business Society, as of May 11, 2023, the factory price of domestically produced industrial grade dimethyl carbonate was set at 4633 yuan/ton, a decrease of 133 yuan/ton or 2.80% compared to May 7, 2023 (reference price of dimethyl carbonate at 4766 yuan/ton).

From the data monitoring chart of the Business Society, it can be seen that this week (5.7-5.11), the overall domestic dimethyl carbonate market showed a weak downward trend. This week, the trading atmosphere in the dimethyl carbonate market was flat, and downstream demand was insufficient to support a stable market. Some dimethyl carbonate manufacturers lowered prices to stimulate shipments, with a reduction of about 200 yuan/ton. As of May 11, the domestic market price of dimethyl carbonate is around 4400-4800 yuan/ton. At present, the new orders for dimethyl carbonate are relatively light, and there is a strong wait-and-see sentiment on the market.

Analysis of Future Market Trends

At present, the overall weak operation of dimethyl carbonate in the market is still evident in downstream demand, and the overall supply and demand transmission is relatively slow. Business Society’s dimethyl carbonate data analyst predicts that in the short term, the domestic dimethyl carbonate market will mainly adjust and operate in a narrow range, and the specific trend needs to pay more attention to changes in supply and demand news.