March 10th News
On March 10th, Shandong Lihuayi Weiyuan Chemical announced an increase in the ex-factory listed price of dimethyl carbonate (DMC) by 400 yuan/ton to 4,700 yuan/ton.
Chempricehub Analysis of Dimethyl Carbonate
Bull-Bear Score: 1.5
Shandong Lihuayi Weiyuan Chemical raised the ex-factory listed price of dimethyl carbonate by 400 yuan/ton to 4,700 yuan/ton, indicating tight market supply or strong demand, which is favorable for spot prices. This significant increase (approximately 9.3%) reflects the company's proactive price adjustment in response to rising costs or increased orders. It is expected that the spot market will continue its upward trend in the short term, bolstering buyer confidence.