The market is primarily characterized by consolidation following a decline.

1. Daily Summary

① Shandong DePu Phase III is shut down, while Phase II is operating normally. Shandong Lihua Yi is producing normally.

② Today’s Shandong market prices remained stable. Quoted prices were 5,150 RMB/ton in Shandong, 5,300 RMB/ton in East China, 5,800 RMB/ton in South China, and 4,605 RMB/ton in Northwest China.

2. Spot Market Overview

Table 1: Domestic Dimethyl Carbonate (DMC) Price Summary (Unit: RMB/ton)

Data Source: Chempricehub Information

Based on the Shandong region as the benchmark, DMC closed at 5,150 RMB/ton today, with prices remaining stable compared to the previous working day. The domestic DMC market has stabilized temporarily following the earlier decline. Supported by cost pressures, most plants have limited willingness to offer discounts, keeping quoted prices steady for now. However, bidding prices in the Northwest region declined, indicating continued pressure on shipments and competition within that area. On the end-user side, downstream purchasing enthusiasm was low, with procurement mainly driven by rigid demand and small-lot follow-ups. Overall market trading sentiment remained weak.

3. Price Forecast

Overall, given insufficient cost support and a lack of significant increase in demand, the DMC market is likely to continue consolidating at weak levels. Attention should be paid to raw material trends and downstream acceptance rates.

4. Related Products

Propylene Oxide (PO): Today, the domestic PO market traded sideways with slight weakness. Supply-side facilities remained largely stable, with minor fluctuations among active producers. In Northern China, prices softened slightly amid general market apathy. In Southern China, although quotes held steady, transaction activity was sluggish. Cost factors slid downward from a stable position, reducing support. Downstream demand weakened after short-term order intake over the weekend, leading to cautious wait-and-see attitudes. Market sentiment remained neutral.

Polycarbonate (PC): Today, the domestic PC market moved quietly within a consolidation range. By afternoon close, the negotiation range for domestic-grade PC in East China was 12,700–14,900 RMB/ton, with the center of gravity remaining roughly stable compared to yesterday. Domestic PC producers have not announced any new ex-factory price adjustments, continuing to maintain early-week quote levels. In the spot market, prices in East and South China generally held steady, though some centers of gravity weakened marginally. Fundamentals currently provide no directional guidance; supply chain costs remain high, and the supply-demand tug-of-war continues. Market participants are cautious and waiting, with mainstream players holding prices firm. Downstream rigid consumption is limited, and transactions are primarily conducted via small orders.

5. Data Calendar

Table 2: Domestic DMC Data Overview (Unit: 10,000 tons, RMB/ton)

Data Source: Chempricehub Information
Notes:

1. ↓↑ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates narrow-range fluctuation, highlighting data dimensions with changes within 0–3%.