In the middle of the month, the domestic dimethyl ether market trend was weak, and the focus continued to decline. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 4475.00 yuan / ton on November 11 and 4137.50 yuan / ton on November 17, with a decline of 7.54% and 9.96% compared with November 1.

As of November 17, the domestic market prices of dimethyl ether in various regions are as follows:

region Mainstream quotation

Shandong region 4350 yuan / ton

Hebei region 4430 yuan / ton

Henan region 4050-4090 yuan / ton

In mid November, the overall market of dimethyl ether was weak, and the price still fell. The decline in Henan is obvious, followed by the decline in Hebei and Shandong, and the market is difficult to find. In terms of cost, the recent situation of methanol market remains weak, the price falls, the coal price of methanol upstream products falls sharply, the support for methanol cost is weak, there are many methanol restart units, and the inventory in the mainland and ports increases. The decline in raw materials has brought obvious bad news to the market. For the civil market of liquefied gas related products, the civil gas market has stopped falling and rising recently, but the overall fluctuation range is limited, and the support to the dimethyl ether Market is not obvious. The terminal demand is poor, the downstream maintains replenishment on demand, the enthusiasm for entering the market is general, the overall transaction atmosphere in the market is weak, the manufacturers have great pressure on shipment, the prices have been reduced one after another, and the profit making shipment is the main.

Recently, the methanol market continued to decline, mainly due to the weak macro level, the decline of international oil price, more methanol restart devices and the increase of inventory in the mainland and ports. Poor macro sentiment dragged the market down further. Under the background of general shipments, the main production areas in the mainland made a second adjustment with the breaking of futures, but it was still difficult to make large-scale transactions except for the just needed supplement; The downstream inventory in the mainland’s main sales area has fallen to the low point of the year, and the freight has also increased due to the weather, but it is slightly insufficient to support the market price. The falling cost has brought obvious bad news to the dimethyl ether Market.

At present, the raw material methanol market continues to weaken, the cost support is insufficient, the overall fluctuation range of the liquefied gas market of related products is limited, and the support brought to the dimethyl ether Market is not obvious. The downstream market is cautious, the overall transaction atmosphere of the market is poor, the manufacturers’ shipping pressure increases, and they mainly give more profits. At present, the dimethyl ether market lacks obvious advantages, and the weakness is difficult to change, It is expected that the dimethyl ether market may still decline in the short term.