This week, the domestic dimethyl ether Market showed a trend of rising first and then falling, and the price fell significantly over the weekend. According to the monitoring data of SunSirs, the average price of dimethyl ether in Henan market was 4096.67 RMB / ton on March 6 and 4330.00 RMB / ton on March 13, with an increase of 5.70% during the week and 14.35% compared with February 1.
As of March 11, the domestic market prices of dimethyl ether in various regions are as follows:
MarketPriceJiangxi4690 RMB/tonHebei4400 RMB/tonHenan4330 RMB/tonRecently, the domestic dimethyl ether market ushered in a substantial correction after continuous rise, with general decline in various regions. The decline in the main production area of Henan on the 11th was generally 300 RMB / ton. The market continued to rise in the early part of the week, and the price fell sharply in the late part of the week. The market price of raw methanol stabilized, and the civil market price of liquefied gas fell, which brought limited support to the market. In addition, the terminal demand is weak, the downstream market entry enthusiasm is limited, the continuous rise of dimethyl ether Market is weak, and the price has fallen sharply, mainly stimulating the downstream market entry. Shandong and Hebei also followed the decline.
The main factor affecting the stable rise of methanol market this week is the first wide rise of methanol market this week. At present, there is little pressure on the upstream factories in the main production area, and the downstream inventory is also not high. With the correction of crude oil price, the market atmosphere returned to calm.
At present, the raw material methanol market is stable, the civil market price of liquefied gas is affected by international crude oil, the price falls, the market has no favorable support, the terminal demand is weak, the downstream market entry enthusiasm is limited, the market trading atmosphere is weak, and the manufacturer sharply reduces the ex factory quotation to make profit. It is expected that the price of dimethyl ether market may still fall in the short term.
