As can be seen from the trend chart of, the dimethyl ether Market opened a rising channel when it entered April, and the price continued to push up, but in the middle of the month, that is, on the 15th, the market inflection point appeared. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3185.00 yuan / ton on April 1 and 3365.00 yuan / ton on April 15, with a half month increase of 5.65%, up 9.61% from March 1. As of April 15, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% on April 15th 3520 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% on April 15 to 3580 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% April 15: 3400-3420 yuan / ton

In the first ten days of April, due to many positive factors in the dimethyl ether Market, the price continued to rise. On the one hand, the market focus of raw material methanol has moved up, and the upward cost has brought obvious benefits to the dimethyl ether Market. On the other hand, the LPG market began to rise on March 22, and the price difference between gas and ether gradually widened, boosting the market mentality. Finally, on the supply side, affected by many factors, the operating rate of dimethyl ether Market has declined compared with the previous period. At present, the operating rate of domestic dimethyl ether Market is only about 12%. And after the Qingming Festival holiday, there is a demand for downstream storage and replenishment. Under multiple positive factors, the price of dimethyl ether continued to rise to a relatively high level.

However, on April 15, the inflection point of DME market appeared, and the main production areas of Henan Province fell by 0.81%. The cost of methanol weakened significantly on the 12th, and the growth rate of LPG civil market narrowed. With the gradual digestion of the favorable market, the lower reaches showed more resistance to high prices, and the enthusiasm for entering the market was significantly weakened compared with the earlier stage. Some manufacturers were blocked in shipping. The main production areas in Henan Province were more obvious, and the manufacturers’ inventory pressure increased. Henan xinlianxin implemented the minimum policy on the 15th, and temporarily did not make external quotation. Shandong and Hebei are relatively stable.

The cost of methanol market, domestic methanol spot market recently rose slowly. According to the monitoring of business news agency, as of April 14, the average price of domestic methanol production enterprises in Shandong was 2370 yuan / ton, with a month on month decrease of 3.27% and a year-on-year increase of 32.40%. Due to the low inventory and limited supply of goods, the prices of some production enterprises in Northwest China keep rising, while those in inland China keep rising.

On the whole, the methanol cost market stopped falling and rising, but the range was limited. The civil LPG market continued to rise, and the rise was significantly narrowed compared with the previous period, which brought general benefits to the market. On the supply side, the operating rate of dimethyl ether Market has increased in the past week. At present, the operating rate of the market is about 13.5%, and the supply is relatively sufficient. On the demand side, a new round of replenishment in the lower reaches has ended, and the resistance to high prices has increased, and they have withdrawn from the market to wait and see. In addition, as the temperature is still rising, the demand may continue to decline, and the negative market factors are still rising. The business association thinks that the price of dimethyl ether will still drop slightly in the short term.