According to monitoring data from Business Society, as of February 4, 2024, the reference factory price of domestically produced industrial grade dimethyl carbonate was 3900 yuan/ton. Compared with February 1, the price remained basically unchanged. Compared with January 1 (reference price of dimethyl carbonate is 4066 yuan/ton), the price decreased by 166 yuan/ton, a decrease of 4.10%.
From the monitoring chart of Business Society data, it can be seen that in the first two months of February, the overall market situation of dimethyl carbonate in China was mainly weak and stable. Approaching the Spring Festival and entering February, as logistics in some domestic regions began to shut down and stop shipping, downstream stocking of dimethyl carbonate gradually weakened, providing limited market support in terms of downstream demand for dimethyl carbonate. In terms of supply, in January, some dimethyl carbonate units were opened on site, and the overall supply side improved. As we enter February, there is not much adjustment in the supply side of dimethyl carbonate. As of February 4th, the domestic market price of dimethyl carbonate is based on around 3600-4100 yuan/ton.
Analysis of future market trends
Currently, as the Spring Festival approaches, the overall trading atmosphere of dimethyl carbonate on the exchange is gradually becoming quiet, and the inquiry atmosphere on the exchange is light. The dimethyl carbonate data analyst from Business Society believes that in the short term, the dimethyl carbonate market will continue to operate steadily, and the specific trend still needs to pay more attention to changes in supply and demand news.
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