In May, the domestic dimethyl ether Market weakened as a whole, and the price showed a trend of twists and turns. The overall fluctuation range of Henan market price was limited. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 4215.00 yuan / ton on May 1, and 4100.00 yuan / ton on May 30, with a decrease of 2.73% in the month, a decrease of 1.36% compared with April 1.

As of May 30, the domestic market prices of dimethyl ether in various regions are as follows:

Region, Mainstream quotation

Jiangxi region, 4270 yuan / ton

Hebei region, 4100 yuan / ton

Henan region, 4100 yuan / ton

In May, the overall trend of domestic dimethyl ether Market was weak, and the price of dimethyl ether in Henan market showed a downward upward downward trend. During the May Day holiday, affected by the poor delivery, the manufacturer lowered the ex factory price to make profit for delivery. Subsequently, the market price of raw methanol rebounded, and the price of civil gas, a related product, rose driven by crude oil, which brought obvious support to the market, and the price of dimethyl ether continued to rise slightly. However, by the end of the month, affected by the insufficient terminal demand, the dimethyl ether Market returned to a weak position again, and the price fell.

In May, the domestic methanol market was still depressed. Although the rebound of raw coal prices has been supported, the low price of imported goods and the stalemate of downstream negotiations have limited the fluctuation of methanol prices. According to the monitoring data of the business agency, the average price of domestic methanol production enterprises was 2745 yuan / ton at the beginning of May, and 2617 yuan / ton at the end of May. The price fell by 4.64% during the month and 2.06% year-on-year.

At present, the market price of raw material methanol is weak, and the civil price of related products liquefied gas is adjusted in a narrow range, which brings limited support to the market. The overall market supply is low, and the manufacturer’s inventory is relatively controllable. However, with the arrival of the traditional off-season, the terminal demand is insufficient, and the downstream market entry enthusiasm is limited, which has significantly hindered the dimethyl ether Market. It is expected that the price of dimethyl ether market may continue to decline in June.