Dimethyl ether prices fall

The end of January is coming, and the trend is in contrast with that of the first ten days. In the last ten days, the dimethyl ether Market opened a downward channel, and the price dropped one after another. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3540.00 yuan / ton on January 17 and 3480.00 yuan / ton on January 25, down 1.69% in the week. As of January 25, the domestic market prices of dimethyl ether are as follows:

Gamma Polyglutamic Acid

Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% on January 25th > 3360-3530 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% on January 25th to 3350 yuan / ton

The mass fraction of dimethyl ether in Henan area: ≥ 99.0% on January 25th to 3390 yuan / ton

In the last ten days, the dimethyl ether market fell mainly. Although the overall decline was not large, the market lacked positive support. Take Henan xinlianxin as an example. On January 17, the ex factory quotation of Henan xinlianxin dimethyl ether was 3560 yuan / ton. On January 25, the price fell to 3460 yuan / ton. In one week, it fell by 100 yuan / ton, and the price returned to below 3500 yuan / ton.

 

First of all, in terms of raw material methanol, according to the data monitoring of the business community, Shandong methanol market began to decline continuously from January 13. Until January 25, the price did not rise, and the overall trend was weak. The falling cost has brought some pressure on the dimethyl ether Market. The second is the LPG civil market. The international crude oil fell in shock. The news is bad. The market mentality is cautious. The downstream mentality is mainly wait-and-see. The manufacturer’s shipment is blocked and the inventory is increasing. The factory price is continuously reduced and the profit is given priority to the shipment. Civil gas market fell, gas ether price gap gradually narrowed, dimethyl ether affected by this, followed the decline.

 

At present, the civil gas market continues to be weak, and the decline rate is increasing, which has a significant impact on the dimethyl ether Market. Although the market operation rate has decreased compared with the previous period, the demand is weak, the enthusiasm for downstream market entry is not there, the mentality is cautious, and most of them withdraw from the market and wait-and-see. The manufacturer’s shipment is not smooth, the inventory pressure is rising, and the market is lack of obvious advantages. It is expected that the dimethyl ether market will continue to be weak in the short term, and there is still a possibility of decline.

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