In October, the domestic dimethyl ether market rose and fell like a “roller coaster”. In the first ten days of October, the high prices of dimethyl ether emerged one after another. However, since the 13th, the driving force for the rise of dimethyl ether was insufficient and began to fall continuously. On the 18th, the price stopped falling and ushered in a rebound. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 6312.50 yuan / ton on October 13 and 5710.00 yuan / ton on October 19, with a decrease of 9.54% and an increase of 60.28% compared with September 1.

As of October 19, 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 19th 6000 yuan / ton

Hebei region Mass fraction of dimethyl ether: ≥ 99.0% October 19th 6100 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% October 19th 5660-5850 yuan / ton

It is obvious from the trend chart that the dimethyl ether market rose broadly in early October, but from the 13th, the action force in the dimethyl ether Market was insufficient, and the price ushered in a correction. Due to the sharp drop in the price of raw methanol, which brought obvious bad news to the market, and the rapid rise in the price in the early stage and insufficient cost support, the manufacturers made profits one after another and mainly shipped goods. During this period, some manufacturers implemented the minimum guarantee policy to stimulate the downstream to enter the market. Until the 18th, the dimethyl ether Market stopped falling and rebounded, and the civil liquefied gas market rose one after another to boost the market mentality. The downstream mentality was better and the market entry was positive. The overall transaction atmosphere of the market was significantly improved, and the dimethyl ether market ushered in a rebound.

Cost methanol market. According to the monitoring data of business agency, the average price of domestic methanol producers in Shandong was 4187 yuan / ton on October 19, down 2.05% from the previous working day. On October 19, the price of methanol futures in Zhengzhou Commodity Exchange closed lower and closed at 3819 yuan / ton, up 11 yuan / ton compared with the closing of the previous trading day. In the spot market, the latest ex factory prices in Shaanxi, Mongolia and other places have been introduced, but the overall transaction situation is temporarily limited, the freight is strong, and traders operate with caution. Methanol cost support is still obvious, but the demand has not been significantly improved.

Although the current methanol market fell, the decline narrowed. The continuous rise in the civil market of liquefied gas of related products has significantly boosted the dimethyl ether Market. In addition, the weather has cooled significantly in terms of demand, especially in the northern market, the terminal demand has increased significantly, the downstream market entry is more positive, and the market favorable factors still exist. It is expected that the dimethyl ether market may still have room for rise in a short period of time.