In the first week of August, the strong situation of DME market completely disappeared, and it entered the downward channel again. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market on August 1 was 2366.67 yuan / ton, and that on August 7 was 2243.33 yuan / ton, down 5.21% on the 7th, up 2.28% from July 1.

Regional varieties and specifications up and down compared with the previous day

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% – 30 / – 30 – 2170-2270 yuan / ton

Mass fraction of dimethyl ether in Hebei Province: ≥ 99.0% 0.2325 yuan / ton

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% 0.2200 yuan / T

From January 1 to 7, the DME market as a whole fell in a weak position, with a general trading atmosphere. August is still hot, the weather temperature is high, terminal demand is weak, downstream resistance to high prices, mentality is more cautious, enthusiasm for entering the market has not improved. At the beginning of the week, the focus of DME production in Henan Province shifted downward, and most enterprises reduced their prices. Nevertheless, the atmosphere of downstream market entry was still not active, manufacturers’ shipment was blocked, and inventory gradually accumulated. Other regions, affected by pessimism, followed the decline mainly, but the decline was less than that of the main production areas.

At present, the domestic DME operating rate is about 11%, slightly higher than last week. On August 3, the civil gas market mainly fell, with limited support for the market. The downstream purchase enthusiasm is general, the market transaction atmosphere is light. In order to promote the shipment, xinlianxin and Yima in Henan Province lowered the price twice, but the effect was not obvious. The pressure on manufacturers to ship goods was still great, and the inventory was accumulated. On August 6, some enterprises in Henan Province lowered their prices twice again, while others followed suit. Limited market price, good.

Due to the excessive rise in early July, the downstream still has resistance to the current high price, and the resistance of manufacturers to shipment increases, and the inventory increases slightly. At present, the cost of methanol finishing operation, the trading atmosphere is general, the quotation of main enterprises in Henan rises narrowly, the offer of other enterprises is stable, and the support to dimethyl ether Market is limited. The rise in international crude oil prices has boosted the market mentality. The overall strength of the LPG civil market has brought certain benefits to the market. It is expected that in the short term, the DME market may follow the trend of LPG, and will be mainly strong.