On the evening of January 26, Haike Xinyuan announced that the company signed a three-year long-term agreement with BYD Lithium Battery Hubei Project on January 23 to supply four solvents—dimethyl carbonate (DMC), ethylene carbonate (EC), ethyl methyl carbonate (EMC), and diethyl carbonate (DEC)—via pipeline transportation, with an annual supply volume of no less than 100,000 tons.

PriceSeek Analysis
Dimethyl Carbonate (DMC)
Bull-Bear Score: 1.5
Haike Xinyuan has signed a three-year long-term supply agreement with BYD, with an annual supply volume of no less than 100,000 tons. As a key solvent for lithium batteries, the significant increase in demand may drive up spot prices. BYD, as an industry giant, secures stable procurement through the agreement, reducing market circulation. Coupled with pipeline transportation lowering logistics costs, this supports an upward price trend.

Ethylene Carbonate (EC)
Bull-Bear Score: 1.5
The agreement includes an annual supply volume of no less than 100,000 tons of ethylene carbonate. Demand is expected to rise due to the expansion of BYD's lithium battery projects, tightening supply expectations. Long-term cooperation stabilizes market expectations, reduces inventory pressure, and benefits spot prices. Against the backdrop of industry demand growth, the agreement strengthens buyer confidence, supporting a moderate price increase.

Ethyl Methyl Carbonate (EMC)
Bull-Bear Score: 1.5
BYD's long-term supply agreement drives incremental demand for ethyl methyl carbonate, with an annual supply volume exceeding 100,000 tons, reflecting the continuous expansion of the lithium battery solvent market. Supply may face short-term tightening, while pipeline transportation optimizes efficiency and reduces intermediate costs, benefiting spot prices. Market sentiment remains optimistic, supporting upward price momentum.

Diethyl Carbonate (DEC)
Bull-Bear Score: 1.5
The agreement locks in an annual supply volume of no less than 100,000 tons of diethyl carbonate, with BYD's project significantly driving demand and tightening spot supply expectations. Long-term contracts stabilize procurement rhythms, reducing price volatility risks and benefiting market fundamentals. Against the backdrop of high growth in the lithium battery industry, incremental demand supports a moderate price strengthening.