Near the end of the month, dimethyl ether is lack of action in the market, and the price is mainly falling again. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 6312.50 yuan / ton on October 24 and 5677.50 yuan / ton on October 25, with a decrease of 2.24% and an increase of 59.37% compared with September 1.

As of October 25, the domestic market prices of dimethyl ether in various regions are as follows:

region Specifications date offer

Shandong region Mass fraction of dimethyl ether: ≥ 99.0% October 25th 5750 yuan / ton

Hebei region Mass fraction of dimethyl ether: ≥ 99.0% October 25th 5700 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% October 25th 5590-5650 yuan / ton

Although the dimethyl ether market ushered in a wave of rebound in late October, the rise did not last until the end of the month. On the 25th, the price of dimethyl ether fell again, and the market was obviously bad. The market price of raw methanol has been lowered one after another, and the cost support is insufficient. The market of liquefied gas and civil gas, the related products, mainly fell at the end of the month, which brought some bad news to the market. In addition, the recent supply of dimethyl ether in Shandong has increased, and the downstream mentality is cautious. The enthusiasm for entering the market is significantly weaker than that in the early stage, and multidimensional holds to make up for it on demand. The main production areas in Henan successively transferred profits to stimulate the downstream to enter the market, and individual manufacturers implemented the minimum guarantee policy.

As for the methanol market, the domestic methanol spot market has fallen sharply recently and is still at a high level on the whole. This is mainly because the northwest takes out methanol, but the sales are general, the enterprise inventory increases, the Underground Tour in Shandong and so on, and the enthusiasm for receiving goods is not high. The methanol market fell sharply and the transaction was poor. After the sharp reduction of the factories in the main production area, the transaction was general, the local second adjustment soon appeared, and the terminal receiving price in northern Shandong was also reduced as scheduled. With the sharp decline of futures, mainland regions also began to follow the downward trend.

At present, the civil market of raw material methanol and related products liquefied gas is both weak, which brings obvious bad luck to the dimethyl ether Market. The downstream mentality is cautious, the enthusiasm for entering the market turns weak, the manufacturers’ shipment is blocked, and the profit transfer stimulates the downstream to enter the market one after another. The overall transaction atmosphere of the market is poor. It is expected that the dimethyl ether market will be mainly weak in the short term.