Industry News
The dimethyl carbonate market is prone to decline but difficult to rise, maintaining a fluctuating trend in the range
The weekly average profit of PO ester exchange method was 181.81 yuan/ton, a decrease of 104.46 yuan/ton compared to last week, and a decrease of 36.49% month on month. The price of raw material epoxy propane first rose and then fell, the price of carbon dioxide fell, the price of dimethyl carbonate remained stable, and the price of co produced propylene glycol decreased. Although the total cost did not change much, the support for co produced products was insufficient, resulting in a decrease in profits.
The weekly average profit of EO ester exchange method is -308.1 yuan/ton, a decrease of 26 yuan/ton compared to last week, and a month on month contraction of 9.22%. The price of raw material ethylene oxide has increased compared to last week, and the price of co produced ethylene glycol has also slightly increased. The price of dimethyl carbonate has remained stable. Overall, the total cost has increased and profit margins have shrunk.
The weekly average profit of the methanol oxidation carbonylation method was -25.12 yuan/ton, an increase of 11.55 yuan/ton compared to last week, and a month on month increase of 31.50%. The weekly average cost of raw materials methanol and oxygen has decreased compared to last week, and the price of dimethyl carbonate is stable. Although the overall profit has slightly expanded, it is still in an inverted state.
market forecast
From the perspective of the supply side, as the Double Festival period approaches, the supply side is mainly stable. In this cycle, Lihuayi and Tongling will start construction, and the production in the next cycle may increase month on month; On the demand side, the current downstream electrolyte market orders are average with limited incremental growth; The enthusiasm for PC procurement is average, and the wait-and-see sentiment is also strong. Some factories just need to purchase, and due to the mismatch between supply and demand, the dimethyl carbonate market is prone to decline but difficult to rise, or maintain a fluctuating trend in the range.
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