According to the monitoring data of the business community, as of June 26, 2023, the factory price reference of domestic industrial Dimethyl carbonate was 5133 yuan/ton, which was 567 yuan/ton higher than that of June 1, 2023 (the reference price of Dimethyl carbonate was 4566 yuan/ton), an increase of 12.41%.

It can be seen from the data monitoring chart of the business community that since June (6.1-6.26), the overall market situation of Dimethyl carbonate in China has been rising continuously. In the first ten days of June, some devices in the Dimethyl carbonate plant were shut down for maintenance, and the supply in the plant was tight. The supply side supported the steady rise of the market. As of June 15, the domestic market price of Dimethyl carbonate was around 4800-5300 yuan/ton, an increase of 7.30% in the first ten days.

In late June, before the Dragon Boat Festival, the downstream demand of Dimethyl carbonate was boosted, the stock was well prepared before the festival, the spot supply of Dimethyl carbonate was tight, the supply and demand transmission was smooth, and the market of Dimethyl carbonate continued to move towards the high-end. As of June 26, the domestic market price of Dimethyl carbonate was around 5000-5300 yuan/ton, with an increase of more than 12% in the month.

Analysis of Future Market Trends

After the Dragon Boat Festival, the downstream demand for Dimethyl carbonate decreased, and the inquiry heat decreased. In addition, after the Dimethyl carbonate market rose to a high level, the wait-and-see mood in the market became stronger, and the new orders were also closed cautiously. The Dimethyl carbonate mathematician of the business agency believed that in the short term, the domestic Dimethyl carbonate market was mainly adjusted in a narrow range, and more attention should be paid to the information changes on the supply and demand side.