This week, the domestic dimethyl ether Market showed a trend of rising first and then stabilizing, and the market price in Henan was relatively strong. According to the monitoring data of Henan news agency, the average price of methyl ether rose by 43.00 yuan / ton on February 24, compared with the average price of 410.00 yuan / week on February 24.

As of May 24, the domestic market prices of dimethyl ether in various regions are as follows:

Region, Mainstream quotation

Jiangxi Province, 4370 yuan / ton

Hebei Province, 4500 yuan / ton

Henan Province, 4250 yuan / ton

Recently, the domestic dimethyl ether Market has entered the consolidation stage after rising. At present, the price of dimethyl ether in Henan market is relatively strong, and the prices in Shandong and Hebei markets are stable and upward. At present, there are obvious positive factors in the market. Although the raw material methanol market is sideways consolidated, the civil LPG market rebounds driven by the rise of international crude oil, which is good for the market mentality. In addition, there is no obvious pressure on the shipment in Henan market, the mentality is relatively strong, and the price is mostly stable.

According to the monitoring data of business agency, the average price of domestic methanol market was 2655 yuan / ton on May 24, down 0.19% from the previous trading day and 0.56% year-on-year. On May 24, methanol futures in Zhengzhou Commodity Exchange fell violently, and the main contract ma2209 closed at 2726 yuan / ton, down 87 yuan / ton compared with the closing of the previous trading day. The raw coal price and oil price are strong, and the downstream Tianjin Bohai Chemical MTO is expected to be put into operation, and the supply side is relatively abundant at present. Supply and demand game, methanol market or shock consolidation.

At present, the raw material methanol market fluctuates in a narrow range, and the civil price of related products liquefied gas is slightly adjusted back, which brings some support to the market. The shipment situation in Henan market is mild, and the manufacturer’s mentality is relatively strong. However, with the arrival of the traditional off-season, the terminal demand is expected to be weak, which has brought some restraint to the dimethyl ether Market. It is expected that the price of dimethyl ether market will continue to consolidate in the short term.