According to SunSirs monitoring data, as of February 22, 2023, the average ex-factory price of domestic industrial-grade dimethyl carbonate is referenced at 4,933 yuan/ton, compared with February 1, 2023 (the reference price of dimethyl carbonate is 4,666 yuan/ton ) compared with the price increase of 267 yuan / ton, an increase of 5.71%.
It can be seen from the data monitoring chart of SunSirs that from February to now (2.1-2.22), the domestic dimethyl carbonate market has shown an overall upward trend. In the first ten days of February, the domestic dimethyl carbonate market was generally weak, and the downstream demand was light. The effective support of dimethyl carbonate was limited, and the market operated smoothly. In mid-February, the downstream demand for dimethyl carbonate ushered in a phased stocking up, and the demand improved. In addition, the cost of raw materials rose, and the cost also gave support to dimethyl carbonate. The dimethyl carbonate market ushered in a slight increase. As of February 22 , the domestic market price of dimethyl carbonate refers to around 4,700-5,000 yuan/ton, an increase of more than 5% compared with the beginning of the month.
Outlook trend analysis
At present, the trading atmosphere in the dimethyl carbonate market is mild, the downstream demand for dimethyl carbonate is gradually heating up, and the downstream and terminal operations have gradually resumed. The dimethyl carbonate data analyst of SunSirs believes that in the short term, the domestic market price of dimethyl carbonate will increase. Stable and slightly strong operation, the specific trend needs to pay more attention to the news changes on the supply and demand side.
(Article source: SunSir)
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