In December, the domestic dimethyl ether Market was weak and difficult to change, showing a trend of first decline and then consolidation. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 4127.50 yuan / ton on December 1 and 3720.00 yuan / ton on December 28, with a decrease of 9.87% during the month and 19.04% compared with November 1.

As of December 28, the domestic market prices of dimethyl ether in various regions are as follows:

region Mainstream quotation

Jiangxi region 3930 yuan / ton

Hebei region 3910 yuan / ton

Henan region 3690-3700 yuan / ton

In the last month of 2021, the domestic dimethyl ether Market was weak and difficult to change, and the price continued to decline. The decline was mainly concentrated in the first ten days of December, and the narrow range oscillation was mainly in the second ten days of December. In the first half of the month, the market continued its weakness in November and continued to decline. The falling price of raw methanol brought obvious bad news to the market, and the related product liquefied gas was mainly weak affected by the decline of international crude oil, and the dimethyl ether Market was obviously bad. The ex factory quotation of Henan market was continuously reduced, and Jiangxi and Hebei followed the decline. In the middle of the month, the market rebounded slightly, and the tentative high report in the methanol market boosted the dimethyl ether Market. In the early stage, with the price of dimethyl ether falling to a relatively low level, the downstream bargain hunting and replenishment, the market entry enthusiasm improved, the manufacturer’s mentality was strong, and the ex factory quotation rose one after another, but the rising market did not continue. Then the market entered the consolidation stage until the end of the month.

According to the monitoring data of business agency, the average price of domestic methanol production enterprises was 2492 yuan / ton on December 27. In terms of spot goods, the ex factory quotations of major manufacturers mostly fell, ranging from 50-100 yuan / ton. There are many rainy and snowy weather, local transportation is limited, and the freight is high, so traders mainly wait and see. The raw material inventory of downstream enterprises is acceptable, and most of them purchase on demand. The short-term domestic methanol market is sluggish, mainly finishing.

Near the end of the month, the dimethyl ether Market stopped falling and stabilized. Recently, with the obvious cooling of the weather, the terminal demand has increased. In addition, the new year’s Day holiday is coming, and there is a certain replenishment demand in the downstream before and after the festival. However, the decline of raw materials has obviously restrained the market. It is expected that the dimethyl ether market may increase slightly in the short term.