[SMM Analysis] Solvent DMC, DEC, EMC Price Change Analysis

Published: Nov 1, 2024 18:11

Source: SMM

Save

[SMM Analysis: Solvent Price Changes] The prices of solvents DMC, DEC, and EMC stabilized after rising.

In September 2024, after a long period of stability, the prices of some electrolyte raw material solvents began to rise. Data shows that in September, the price of battery-grade DMC increased from 4,575 yuan/mt to 5,150 yuan/mt, a rise of 12.5%. The price of battery-grade DEC rose from 9,250 yuan/mt to 10,450 yuan/mt, an increase of 12.9%, and the price of battery-grade EMC increased from 7,575 yuan/mt to 7,775 yuan/mt, a rise of 2.6%.

The slight increase in solvent market prices in September was mainly due to the increased export volume of industrial-grade DMC, leading to tight domestic supply and a rise in industrial-grade DMC prices. This affected the sentiment of electronic-grade DMC, and the narrowing price spread between the two pushed up the price of electronic-grade DMC. Additionally, since EMC and DEC use industrial-grade DMC as a raw material, the cost further supported the price increase of the three solvents. At the same time, the operating rate of electrolyte producers increased, and the shipments of electrolytes rose, driving up the demand for solvents, which in turn led to their price increase.Entering October, the cost side prices stabilized, and the prices of electronic-grade DMC, EMC, and DEC began to level off, resulting in stable solvent prices in October.

However, the future price trend still needs to pay attention to the global economic situation and changes in industry supply and demand to better grasp market dynamics. Overall, the market still maintains a certain degree of flexibility to cope with possible future fluctuations.

New Energy

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

22 hours ago

In January, national passenger car producers' new energy wholesale estimates reached 900,000 units, up 1% YoY.

According to the latest data from the Passenger Car Association, in December 2025, producers with new energy wholesale sales exceeding 10,000 units accounted for 93% of the total wholesale sales of passenger NEVs that month. Based on preliminary January data, these producers achieved sales of 830,000 units in January. As most producers have already locked in their major sales figures, by applying the structural proportion from the previous month to the current month's data, the estimated wholesale sales of passenger NEVs nationwide in January were 900,000 units. According to comprehensive preliminary monthly association data: the estimated wholesale sales of NEVs by national passenger car producers in January 2026 were 900,000 units, up 1% YoY.

22 hours ago

CAAM: In 2025, 476,000 complete vehicles were imported, down 32.4% YoY.

据中国汽车工业协会整理的海关总署数据显示，2025年12月，汽车整车进口3.0万辆，环比下降30.4%，同比下降56.1%；进口金额14.7亿美元，环比下降23.6%，同比下降52.5%。2025年，汽车整车进口47.6万辆，同比下降32.4%；进口金额236.4亿美元，同比下降39.7%。

22 hours ago

Canada Announces New EV Strategy, to Collaborate with China

According to CCTV News, on February 5, Canadian Prime Minister Mark Carney announced a new electric vehicle strategy, including the reinstatement of car purchase subsidies, and stated that Canada will cooperate with China to promote the local production and export of EVs in Canada. According to a statement released by the Prime Minister's Office of Canada, the country will make full use of existing and newly established trade agreements, including a recently reached EV cooperation agreement with China, to facilitate large-scale investment in this sector, diversify Canada’s automotive export markets, and position Canada as one of the global leaders in the electric vehicle industry.

22 hours ago