According to monitoring data from Business Society, as of January 15, 2024, the factory price reference for domestic industrial grade dimethyl carbonate was 3966 yuan/ton. Compared with January 12 (reference price for dimethyl carbonate was 4000 yuan/ton), the price decreased by 34 yuan/ton, a decrease of 0.83%; Compared with January 1st (reference price of dimethyl carbonate at 4066 yuan/ton), the price has been reduced by 100 yuan/ton, a decrease of 2.46%.
From the monitoring chart of Business Society data, it can be seen that in early January, the overall domestic dimethyl carbonate market showed a downward trend. As we enter this week, downstream demand for dimethyl carbonate continued to be weak, with poor demand side boost. Downstream demand for electrolytes and solvents was weak, and production continued to be low. The utilization rate of polycarbonate production capacity also slightly declined. Overall demand for dimethyl carbonate was insufficient, and new orders on the market were flat, with slow transmission between supply and demand, Some factories have narrowly lowered the price of dimethyl carbonate by 100 yuan/ton, and the overall focus of the dimethyl carbonate market continues to shift slightly downwards. As of January 15th, the domestic market price of dimethyl carbonate was around 3700-4100 yuan/ton, a decrease of over 2% compared to the beginning of the month.
Analysis of future market trends
At present, although the overall production capacity utilization rate of dimethyl carbonate is not high, the overall performance of the dimethyl carbonate market is still weak due to the drag of demand. The dimethyl carbonate data analyst from Business Society believes that in the short term, the domestic dimethyl carbonate market will mainly adjust in a narrow range, and the specific trend still needs to pay more attention to changes in supply and demand news.
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