In October, the market price of dimethyl ether rose first and then fell, and the difference between the beginning of the month and the end of the month was deduced as “temperature difference”. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market on October 7 was 2556.67 yuan / ton, and that on October 31 was 2620.00 yuan / ton, with an increase of 2.48% in the month and a decrease of 19.38% over the same period of last year.
Regional specification Date Quotation
Mass fraction of dimethyl ether in Shandong area: ≥ 99.0%, October 30, 2500 yuan / ton
The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% Oct. 30 2620 yuan / T
Mass fraction of dimethyl ether in Henan Province: ≥ 99.0%, 2540-2735 yuan / ton
The trend of dimethyl ether Market in October was divided into two stages. It was mainly up before October 20, and ended down below 20 days later, which was in obvious contrast with the beginning of the month. After the festival, dimethyl ether Market is on the rise. Due to the downstream demand for inventory after the festival, the overall market atmosphere is good, and in terms of cost, the raw material methanol goes up, which also brings some favorable support to the market. In October, the weather has cooled down significantly, especially in the northern region, and the overall demand for terminals has increased. Henan, the main production area, has stable supply, good shipment and low inventory pressure. Supported by multiple favorable conditions, the DME market continued to rise.
Then entered the short-term consolidation stage, international crude oil fell one after another, and the international market support was insufficient, which brought negative effects to the market. The market continued to rise in a lack of momentum, some fell, but the mentality of manufacturers is still strong, although there is a decline, but the range is not large, mainly horizontal finishing, some enterprises in Henan Province in the main production area, such as heart to heart, implement the minimum policy for two days. From October 18 to 20, xinlianxin raised 20 yuan / ton for three consecutive days. On October 18, it rose back to the price before falling, and on October 20, the ex factory price rose to 2690 yuan / ton. Henan, the main production area, rose overall, the production and sales of enterprises were balanced, and the inventory was mostly in a controllable state, and the trend was relatively strong.
Near the end of the month, dimethyl ether prices began to decline significantly on the 25th, and the market trading atmosphere turned lighter than the previous period. On October 24, Henan xinlianxin, BMW and other enterprises implemented the minimum guarantee policy, and some enterprises in Henan market in the main production area decreased slightly, but the shipment situation was not good. On the evening of 27, xinlianxin announced that the guaranteed price was 2660 yuan / ton, which was lower than that on the 25th, with the range of 30 yuan / ton. Subsequently, most enterprises in Henan Province followed the decline, and only a few enterprises had a strong mentality. Hebei and Shandong regional market by the main production area fell, followed by the main decline. Due to the lack of good support in the market, the center of gravity is constantly moving down, and the enthusiasm of downstream market entry is not high, and most of them just need to purchase. The market ended in October with a fall.
The cost methanol market rose first and then fell in October, and the increase was greater than the decline in the month, which brought strong support to the dimethyl ether Market. But at the end of the same month, the end of the decline in methanol, short-term to the market to bring limited. Moreover, the international crude oil and civil gas markets are weak one after another, bringing some pressure to the dimethyl ether Market. The enthusiasm of downstream market entry is limited, and manufacturers’ inventory pressure is increasing. However, as the weather continues to cool down in November, the terminal demand is still expected to improve. In the future, the DME market may fall first and then rise in November.
| Thiourea |