This week, dimethyl carbonate experienced a weak downward trend (1.7-1.11)

According to monitoring data from Business Society, as of January 11, 2024, the factory price reference for domestically produced industrial grade dimethyl carbonate is 4000 yuan/ton. Compared with January 7 (reference price for dimethyl carbonate is 4033 yuan/ton), the price has decreased by 33 yuan/ton, a decrease of 0.83%; Compared with January 1st (reference price of dimethyl carbonate at 4066 yuan/ton), the price has been reduced by 66 yuan/ton, a decrease of 1.64%.

Gamma-PGA (gamma polyglutamic acid)

 

From the monitoring chart of Business Society data, it can be seen that this week (1.7-1.11), the overall domestic dimethyl carbonate market showed a weak downward trend. During the week, with the increase in supply of dimethyl carbonate on-site, the pressure on the supply side of dimethyl carbonate increased. Under the pressure of supply, some dimethyl carbonate factories narrowly reduced the shipment price of dimethyl carbonate by about 100 yuan/ton. As of January 11th, the domestic market price of dimethyl carbonate is referenced to be around 3700-4100 yuan/ton, while the high price is referenced to be 4300 yuan/ton.

 

Analysis of future market trends

 

At present, the downstream demand side of dimethyl carbonate is generally weak, and the transmission of supply and demand is relatively slow. The trading atmosphere of dimethyl carbonate on the market is light, and the mentality of the industry is average. The dimethyl carbonate data analyst of Business Society believes that in the short term, the domestic dimethyl carbonate market will mainly adjust and operate in a narrow range, and the specific trend still needs to pay more attention to the changes in news on the supply and demand side.

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