According to monitoring data from Business Society, as of December 7, 2023, the reference factory price of domestically produced industrial grade dimethyl carbonate was 4200 yuan/ton, which was basically unchanged compared to December 1. Compared with November 1 (reference price of dimethyl carbonate was 4166 yuan/ton), the price increased by 34 yuan/ton, an increase of 0.80%.
From the monitoring chart of Business Society data, it can be seen that in December and the early stage of the month, the domestic dimethyl carbonate market as a whole showed a consolidation operation. The downstream demand for dimethyl carbonate has shown average performance, with slow demand transmission. Due to insufficient demand, the operating rate of some dimethyl carbonate units has been reduced. Although the overall supply pressure on the site has been reduced, the market for dimethyl carbonate has not been significantly boosted due to the continued weak demand conversion. The overall market remains stable and stable. As of December 6th, the domestic market price for dimethyl carbonate is around 4100-4300 yuan/ton, The lower price is around 3950-4000 yuan/ton.
Analysis of future market trends
At present, the overall trading atmosphere of the domestic dimethyl carbonate market is relatively light, and the mentality of the dimethyl carbonate industry is average. Some devices are shut down for maintenance, and the market is waiting for demand to boost. The dimethyl carbonate data analyst from Business Society believes that in the short term, the domestic dimethyl carbonate market will mostly be stable with small fluctuations and narrow adjustments. The specific trend still needs to pay more attention to changes in supply and demand news.
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