Positive factors lead dimethyl ether price to rise again in the month

Starting on July 19, the DME market was dominated by favorable factors. In the month, the price of Henan Province has been running for 3500 yuan / ton. According to the data of business society, the average price of DME in Henan market was 3370.00 yuan / ton on July 18, 3442.50 yuan / ton on July 21, and the increase was 2.15% in three days, with a significant increase. As of July 21, the market prices of DME in various regions are as follows:

region Specifications date offer

Shandong Province Mass fraction of dimethyl ether: ≥ 99.0% July 21st 3480-3670 yuan / ton

Hebei Province Mass fraction of dimethyl ether: ≥ 99.0% July 21st 3590 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% July 21st RMB 3430-3480 / ton

After entering this week, the price of DME was increased continuously, and the main production area of Henan Province increased significantly. Taking xinlianxin as an example, on July 18, Henan xinlianxin DME quoted 3340 yuan / ton, and 3460 yuan / ton on July 22. During the period, it was increased by 120 yuan / T, and the score was 3500 yuan / ton.

Shandong and Hebei are benefited by the rise of main production areas, followed by the main actors. At present, the market of DME is dominated by the decrease of market supply in Henan Province, and the maintenance of some manufacturers’ devices will bring some benefits to the market. Secondly, in terms of raw materials, the cost methanol has been stable and upward in the near future. Although the fluctuation range is limited, the strong price also brings some support to the market. In addition, the recent upstream behavior of the civil market of liquefied gas is the main, and the enthusiasm of entering the market under the mentality of downstream buying and rising is still acceptable. The overall delivery of the manufacturers is smooth, the mentality is strong and the price is continuously rising.

In terms of the cost methanol market, with the approaching of long-term settlement date in Northwest China this month, freight still continues to rise, the upstream is strong and some regions still have expectations of continuing to increase the quotation. It is expected that the mainland market will remain high. The methanol market in Northwest China continued to push up in some parts, and the factory quotation of some major production enterprises was significantly increased, which guided the manufacturers in other regions to quote, and some factories in the mainland would continue to increase the quotation. The increase in freight also promoted the methanol market to a certain extent.

At present, Henan is affected by rainstorm and limited transportation. The overall shipment of manufacturers has been significantly weaker than that in the early stage, but the low supply in the province has brought some support to the market. Hebei and Shandong are not affected for a while. The market production and marketing are balanced, the mentality of the manufacturers is strong, and the current price rise of the cost of methanol and civil gas has brought some benefits to the market, It is not expected that the DME market will fall in a short period of time.

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