According to the monitoring data of business society, as of June 30, the average factory price reference of domestic industrial grade dimethyl carbonate was 6866 yuan / ton, and the average price increased by 1200 yuan / T, or 21.18% compared with the price of June 1, 2021 (reference price: 5666 yuan / ton).
From the business data monitoring chart, it can be seen that in June, the domestic market of dimethyl carbonate in China has risen greatly. The increase in the month was over 21%. Since the early June, the domestic dimethyl carbonate market saw the first significant increase in the month, up 800-1000 yuan / ton. The main support for the upward market is that the demand for DMC in Anhui Province is reduced, the market supply is reduced, and the spot is tight. The price of dimethyl carbonate keeps rising. As of June 15, the average factory price of domestic dimethyl carbonate rose to 6933 yuan / T, up more than 22% compared with the beginning of June.
In the middle of June, the overall plant operating rate was still low, the supply of dimethyl carbonate continued to be tight, and the demand side was good, the investment atmosphere was moderate, and the price of dimethyl carbonate continued to run at a high level.
In late June, under the high level, the enthusiasm of inquiry downstream of DMC was weakened, while the market of dimethyl carbonate was weak and declined slightly, but the supply side pressure was still small. Therefore, the overall market maintained stable operation after a small reduction. As of June 30, according to the monitoring of business agency data, the average factory price of domestic dimethyl carbonate was 6866 yuan / ton, compared with that in early June, The average price rose 1200 yuan / ton, up 21.18% in the month.
In the upstream of propylene oxide, the market of propylene oxide has been steadily rising since late June, and the price of propylene oxide has been stable on the 30th. Due to the influence of logistics and commencement policies, the supply of epichlorohydrin has decreased in recent years, with the market mainly on the watch. As of 30 days, the mainstream quotation of epichlorohydrin market in Shandong Province is around 14000-14100 yuan / ton, while the mainstream quotation of epichlorohydrin market in East China is about 14200-14400 yuan / ton.
In terms of upstream DME, it can be seen from the trend chart that the trend of DME in June can be divided into two stages. In the early June, the domestic DME market fell in the first place, and the price was continuously lowered, and the market was improved significantly until the end of June. The first stage is dominated by market profit and vacancy. First, the weak terminal demand is the main factor leading to price reduction. Henan market is mostly affected by the rectification of gas in the province. The downstream wait-and-see mentality is obvious, the enthusiasm for entering the market is not high, and the purchasing on demand is maintained, and the transaction atmosphere is weak. Secondly, the trend of methanol market is weak, and the cost drop has brought obvious negative effect on the market. Henan manufacturers have continuously lowered the factory price, and actively shipped. Shandong and Hebei market are affected by Henan, the main production area, followed by the downward adjustment.
The second stage is the last week at the end of the month. The DME market has been significantly positive since the beginning of July 27, with the price continuously high, with the increase of 4.56% on the 4th day. At the end of the month, due to the short-term parking and maintenance of the main manufacturers, the supply reduction has brought obvious boost to the market. The mentality of the manufacturers is strong, the willingness to push up is strong, and the cost of methanol is stable at the end of the month, which is favorable for the market mentality. Some downstream buyers will buy goods under the mentality of rising, and the market transaction atmosphere has improved compared with the previous period, and the DME market rebounds.
Analysis of the trend of the post market
At present, the overall market of dimethyl carbonate is weak, and the off-season of the market is going to occur. At the end of the month, the plant in Anhui will resume and the market supply will continue to resume. Therefore, the analysts of business society think that domestic DMC market has a downward risk in the short term.
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