January 28th — Recently, the Jingmen Yuanhan electrolyte precursor project has successfully achieved intermediate handover and commenced trial production. The project is located within the Jingmen Chemical Industry Circular Park and involves the construction of a new electrolyte precursor facility with an annual production capacity of 200,000 tons of dimethyl carbonate (DMC), 200,000 tons of ethanol, and 180,000 tons of ethyl methyl carbonate (EMC)/diethyl carbonate (DEC). Chempricehub Analysis: Dimethyl Carbonate (DMC), Bull-Bear Score: -1 The commencement of trial production at the Jingmen Yuanhan project, with an annual output of 200,000 tons of DMC, significantly increases market supply expectations, exerting downward pressure on spot prices. Considering the impact of capacity expansion on the supply-demand balance, it is rated as a moderate bearish factor with a score of -1. Ethanol, Bull-Bear Score: -1 With an annual production capacity of 200,000 tons of ethanol, the project’s new capacity release will boost market supply, putting pressure on spot prices. As a chemical raw material, the anticipated increase in ethanol supply reinforces bearish factors, warranting a moderate bearish rating of -1. Ethyl Methyl Carbonate (EMC), Bull-Bear Score: -1 The project’s annual output of 180,000 tons of EMC, coupled with the start of trial production, signals an expansion in supply, potentially exacerbating market oversupply and negatively impacting spot prices. Based on the downward pressure from increased supply, it is rated as a moderate bearish factor with a score of -1. Diethyl Carbonate (DEC), Bull-Bear Score: -1 The commissioning of an annual production capacity of 180,000 tons of DEC adds to market supply, potentially curbing the upward momentum of spot prices. The incremental supply exerts pressure on commodities related to electrolyte precursors, resulting in a moderate bearish rating of -1.