According to the monitoring data of business society, as of September 16, the average ex factory price of domestic industrial grade dimethyl carbonate was 9600 yuan / ton. Compared with the price on September 10, 2021 (the reference price of dimethyl carbonate was 9300 yuan / ton), the average price increased by 300 yuan / ton, an increase of 3.32%. Compared with September 1 (the reference price of dimethyl carbonate was 8900 yuan / ton), the average price increased by 700 yuan / ton, an increase of 7.87%.
It can be seen from the data monitoring chart of business society that the domestic dimethyl carbonate market operated steadily after the overall rise this week. At the beginning of the week, the overall inventory of domestic dimethyl carbonate was still low. Supported by the supply side, on the 13th, dimethyl carbonate factories in Shandong and Anhui raised the ex factory price of dimethyl carbonate to varying degrees by 300-500 yuan / ton. Other factories also held the previous high and stable quotation. Dimethyl carbonate manufacturers in Shandong continued to be bullish in the future. However, Starting from Tuesday, the demand side continued to focus on just demand, the overall trading atmosphere of the market was general, the dimethyl carbonate market did not continue to rise in a wide range, the mentality of the industry was slightly different, and the continued rise was weak. The dimethyl carbonate market operated steadily as a whole, and the fundamentals were stable. On the 16th of the recent weekend, the domestic dimethyl carbonate market price was around 9500-9700 yuan / ton, The average price is 9600 yuan / ton, an increase of 3.32% this week compared with the end of last month.
In terms of upstream dimethyl ether, it is obvious from the trend chart that in the first few days of early September, the dimethyl ether Market was in a tepid stage. However, on September 6, the dimethyl ether market began to rise strongly, and the quotation increased sharply one after another. The ex factory quotation in Henan, the main production area, increased by nearly 20%, and the price was close to 4500 yuan / ton. Taking Henan xinlianxin as an example, the ex factory quotation of Henan xinlianxin dimethyl ether was 3520 yuan / ton on September 5 and 4280 yuan / ton on September 14, with a total increase of 760 yuan / ton. The sharp rise mainly comes from the raw material methanol market. Due to the influence of dual control, the supply in the mainland is limited, the inventory of enterprises is reduced, the coal price has hit a record high again, the cost support is obvious, the methanol futures price has risen sharply, and the domestic methanol spot market has followed the “soaring man”. The methanol market rose sharply, and the strong futures led the national long sentiment. The inventory of mainstream production plants remained low, the pressure was difficult to show, and there was a demand for goods in the downstream, which supported the market situation in the main methanol production areas to continue to rise sharply. With the strong support of raw methanol, the price of dimethyl ether rose sharply. Secondly, the center of gravity of the liquefied gas civil market has shifted upward, and the supply of Henan xinlianxin has decreased, which has brought certain benefits to the market. In the early stage of the downstream, the market entry is more positive with the buying mentality, but with the rising price, the downstream has limited ability to accept high prices, cautious mentality, and limited improvement of terminal demand, and the market entry enthusiasm is weaker than that in the early stage. On September 14, although the market price in Henan was still rising, the increase narrowed. At present, the upstream inventory is mostly in a controllable state, and the mentality is relatively strong.
Future trend analysis
This week, the market of dimethyl carbonate has returned to a high level. After the downstream centralized collection of goods, the demand at high prices may gradually return to stability. In addition, it is heard that dimethyl carbonate from large factories in Shandong will be shipped one after another next week. With the increase of on-site supply, the high road of dimethyl carbonate may be shaken. Dimethyl carbonate analysts of business society believe that the domestic price of dimethyl carbonate may be reduced by a narrow margin in the short term, Specifically, we should pay more attention to the changes in supply and demand.