In early February 2026, the domestic dimethyl carbonate market ended its previous weakness and showed a trend of narrow range and strong operation.

According to the monitoring of the commodity market analysis system of Shengyi Society, as of February 6th, the average price of industrial grade dimethyl carbonate in China was 3800 yuan/ton, an increase of 1.33% from the beginning of the month. The main driving force for the market’s rise comes from the concentrated stocking of downstream goods before the Spring Festival, as well as the active pricing strategy of manufacturers.
Analysis of the reasons for the increase
Short term supply contraction: Some equipment on site is undergoing maintenance, with no significant increase in spot goods, and the supply of goods is gradually tightening; Some manufacturers have placed orders for shipment, which limits the circulation of spot goods and alleviates the pressure of oversupply. But long-term new production capacity continues to be released, increasing market supply expectations.
Pre holiday effect of demand: As the Spring Festival approaches, downstream industries tend to make on-demand purchases and stock up for essential needs, but the overall demand growth is not strong.
Manufacturers proactively adjust prices: Mainstream production enterprises have raised their factory listing prices by 100 yuan/ton, directly guiding the market’s bullish sentiment.
Bottom line cost support: The prices of the main raw materials, propylene oxide (PO) and methanol, both decreased in early February, which reduced cost pressure but also weakened the cost side’s driving force on DMC prices.
On February 6th, the benchmark price of epoxy propane in Shengyi Society was 8000 yuan/ton, a decrease of 2.44% from the beginning of the month;
On February 6th, the benchmark price of methanol in Shengyi Society was 2200 yuan/ton, a decrease of 2.87% from the beginning of the month.
Overall, the market may enter a period of consolidation and volatility in the short term
Before the Spring Festival, the market has limited downward space due to the support of essential stock preparation and manufacturer price hikes. It is expected to remain stable, but it does not have the foundation for a sustained surge. For long-term trends, it is necessary to closely monitor the progress of new capacity deployment and the recovery of downstream real demand.