Dimethyl ether market rose again after the Mid Autumn Festival

After returning from the Mid Autumn Festival holiday, the domestic DME market price returned to the rising trend, and the Henan market price increased significantly. According to the data monitoring of the business community, the average price of dimethyl ether in Henan market was 4115.00 yuan/ton on September 12 and 4160 yuan/ton on September 15, with a rise of 1.09% during the period and a drop of 3.95% compared with the same period last year.

 

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As of September 15, the market prices of dimethyl ether in various regions in China are as follows:

Region, mainstream quotation

Jiangxi, 4300 yuan/ton

Hebei, 4560 yuan/ton

Henan Province, 4050-4160 yuan/ton

After the Mid Autumn Festival holiday, the domestic dimethyl ether market generally rose. There are obvious positive factors in the market. In terms of cost, the rise of the raw material methanol market has provided some support. Although the civil market of liquefied gas related products has insufficient momentum to continue to rise, the overall price is firm. The supply in Shandong and Hebei is low, which is good for the market mentality. The downstream will focus on replenishment after the festival. The enthusiasm for entering the market is good. The manufacturer’s shipment is mild, the mentality is strong, and the price has been adjusted continuously.

 

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On September 15, the methanol market in Northeast China rose partially, and the shipments of some mainstream enterprises in Heilongjiang Province were about 2700 yuan/ton; The main traders delivered Liaoning Panjin at about 2900-2920 yuan/ton. The prices of enterprises in southern Shandong are concentrated around 2850 yuan/ton, while the local prices in Linyi are around 2870-2910 yuan/ton.

 

At present, the raw material methanol market is mainly adjusted, which brings some support in terms of cost. The supply in Shandong and Hebei markets is low, which is good for the market mentality. In addition, there is a demand for replenishment in the downstream after the festival. The enthusiasm for entering the market is good. The mentality of the manufacturers is relatively strong, and the price is higher. It is expected that the dimethyl ether market is still dominated by gains.

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