According to the monitoring data of the business community, as of October 10, 2022, the reference average ex factory price of domestic industrial dimethyl carbonate was 7200 yuan/ton, which was increased by 334 yuan/ton, or 4.85%, compared with September 30, 2022 (the reference price of dimethyl carbonate was 6866 yuan/ton).

It can be seen from the data monitoring chart of the business community that after the National Day in October, the domestic market of dimethyl carbonate has been running upward as a whole. The main driving factors for the upward shift of the center of gravity of dimethyl carbonate come from the following three aspects:

First, on the demand side, the downstream demand side performed well after the festival, the terminal market replenished goods actively, and the market inquiry atmosphere was more active.

Second, on the supply side, during the National Day holiday, the accumulated inventory of dimethyl carbonate plants was relatively low, and the supply pressure of plants after the festival was low, and some businesses were reluctant to sell.

Third, in terms of cost, the overall high level of propylene oxide market after the festival gives dimethyl carbonate cost support.

Based on the above three aspects of support, the dimethyl carbonate market ushered in a strong high market after the festival. At present, as of October 10, the domestic market price of dimethyl carbonate is around 7000-7300 yuan/ton, and the post holiday price has increased by 100-400 yuan/ton.

In terms of upstream propylene oxide, the overall propylene oxide market rose slightly in September. In October, the propylene oxide market was weak and slightly volatile after the festival. According to the data monitoring of the business community, the reference price of propylene oxide was 9766 yuan/ton on October 9, a decrease of 3.20% compared with October 1.

Future trend analysis

At present, the market trading and investment atmosphere of dimethyl carbonate is good, the supply and demand transmission is smooth, and the overall optimism of the industry is mostly in the future market. The dimethyl carbonate data engineer of the business community believes that in the short term, the domestic dimethyl carbonate market will mainly operate stably, moderately and strongly. It is said that in the fourth quarter, the domestic dimethyl carbonate capacity will increase. With the increase of supply, there is a risk that the market will fall from a high level in the long run, The specific trend needs to pay more attention to the information changes on the supply and demand side.