This week (11.3-11.117), the domestic dimethyl ether market maintained stable operation. According to the Commodity Market Analysis System of Business Society, the average price of dimethyl ether in the Henan market on November 13th was 3650 yuan/ton, and on November 17th it was 3650 yuan/ton. There was no increase or decrease during the cycle, a decrease of 21% compared to the same period last year.

As of November 17th, the mainstream prices of dimethyl ether in various regions of China are as follows:

Region/ Mainstream prices

Shandong region/ 3850 yuan/ton

Hebei region/ 3800 yuan/ton

Henan region/ 3650 yuan/ton

This week, the overall stability of the domestic dimethyl ether market was maintained, with mainstream prices in the Henan market around 3650 yuan/ton. This week, the price of raw material methanol was weak, and support for dimethyl ether was weak. The on-site supply has tightened, and some factories have reduced their load operations. However, the enthusiasm for downstream entry into the market is not high, with a focus on just demand and a weak market mentality, resulting in weak production and sales.

According to the Commodity Market Analysis System of Business Society, the price of raw material methanol fluctuated this week, rising from 2460 yuan/ton at the beginning of the week to 2480 yuan/ton at the weekend, an increase of 0.82%. The cost support for dimethyl ether is weak.

Overall, there are no positive factors supporting the current dimethyl ether market. On the contrary, under the cover of negative factors, it is expected that the dimethyl ether market will maintain a weak consolidation operation in the short term.