This week, the domestic dimethyl ether market as a whole experienced a narrow range of shocks, while the Henan market was strong and pushed up slightly. According to the data monitoring of the business community, the average price of dimethyl ether in Henan market was 4580 yuan/ton on October 31 and 4590 yuan/ton on November 4, with a weekly increase of 0.22%, 4.02% higher than the same period last year.

As of November 4, the market prices of dimethyl ether in various regions in China are as follows:

Region, mainstream quotation

Jiangxi, 4570 yuan/ton

Hebei, 4560 yuan/ton

Henan Province, 4250-4620 yuan/ton

This week, the domestic dimethyl ether market as a whole was mainly weak, with Henan market rising slightly and Hebei and Jiangxi markets temporarily stable. The price of raw material methanol remains weak, and the cost support is average. There is no obvious improvement in downstream demand, transportation in some areas is not smooth, shipment is blocked, and the factory gives way to profits. The supply in Henan is relatively low, and the factory is willing to support the price. The price has increased by 20 yuan/ton this week.

In general, the support of methanol for dimethyl ether is limited. The downstream just needs to supplement the reservoir mainly on the low side. With the cold weather in the future, the demand may gradually increase. It is expected that dimethyl ether will continue to operate in a narrow range in the short term.