Demand Boosts Dimethyl Carbonate Market with Narrow Upward Range

According to monitoring data from Business Society, as of March 20, 2024, the factory price reference for domestically produced industrial grade dimethyl carbonate is 3866 yuan/ton. Compared with March 13 (reference price for dimethyl carbonate is 3816 yuan/ton), the price has increased by 50 yuan/ton, an increase of 1.31%.


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From the monitoring chart of Business Society data, it can be seen that the domestic dimethyl carbonate market has recently experienced a slight upward trend. At present, the overall supply of dimethyl carbonate in the factory has increased. Although the supply has increased, the overall downstream demand side of dimethyl carbonate has improved. Supported by demand, the overall inventory pressure of dimethyl carbonate factories is still controllable. Therefore, the overall focus of the dimethyl carbonate market is moving upwards. As of March 20th, the domestic market price of dimethyl carbonate is based on around 3650-4000 yuan/ton.


Future analysis


At present, the trading atmosphere of dimethyl carbonate on the market is mild, and the mentality of the operators is good. Dimethyl carbonate factories mainly arrange orders and shipments. According to the data analyst of Business Society, in the short term, the domestic dimethyl carbonate market will mainly operate steadily, with a small to strong trend. The specific trend still needs to pay more attention to changes in supply and demand news.

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