In the middle of September, the domestic dimethyl ether market was dominated by price shocks, and the Henan market showed a trend of first rising and then falling. According to the data monitoring of the business community, the average price of dimethyl ether in Henan market was 4160 yuan/ton on September 15 and 4200 yuan/ton on September 22, with a rise of 0.96% in the week, down 2.27% compared with the same period last year.

As of September 22, the market prices of dimethyl ether in various regions in China are as follows:

Region, mainstream quotation

Jiangxi, 4300 yuan/ton

Hebei, 4590 yuan/ton

Henan Province, 4090-4200 yuan/ton

This week, the domestic dimethyl ether market was volatile. The ex factory price of Henan dimethyl ether rose first and then fell, with limited positive factors in the market. In terms of cost, the raw material methanol market has experienced ups and downs, bringing phased support to the market. The civil market of liquefied gas related products fell significantly, which was bad for the market. The lower reaches have limited ability to accept high prices, are not enthusiastic about entering the market, and mainly wait and see. The manufacturer lacked the impetus to continue rising, and most prices in Henan market fell on the 22nd. Hebei and Jiangxi markets are mainly consolidation, with limited volatility.

On September 20, the domestic methanol market rose sharply and fell back. In the early stage, the methanol price rose significantly. Recently, the rise slowed down, and prices in some regions fell back. The international crude oil price fluctuated at a high level, while the coal price supported at a high level. At present, the main reasons that affect the methanol price are supply and demand. Most of the early maintenance devices have been restarted, but the demand is general, mainly rigid, and there is no sign of increase in the short term. The traders mainly wait and see, and the international external demand is poor. The rise of the methanol market has slowed down, and the market is mainly volatile.

At present, the raw material methanol market is rising again, which brings some support in terms of cost. However, the civil market of liquefied gas fell significantly, affecting the market mentality. The downstream is cautious, has limited enthusiasm for entering the market, and the market trading atmosphere is general. The manufacturer’s shipment is blocked, and most of the factory prices are lowered. It is expected that the dimethyl ether market will not have enough momentum to rise in the short term, or it will be dominated by narrow consolidation.