In November, the market price of dimethyl ether began to rise, and the prices of all regions in China were mainly increased. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market was 2620.00 yuan / ton on November 1, and 2676.67 yuan / ton on November 10, with an increase of 2.16% during the period and 4.69% higher than that on October 1.
As of November 10, the quotation of each region is as follows:
Regional specification Date Quotation
Mass fraction of dimethyl ether in Shandong area: ≥ 99.0%, 2940 yuan / ton
The mass fraction of dimethyl ether in Hebei Province: ≥ 99.0% on November 10, 2900 yuan / ton
The mass fraction of dimethyl ether in Henan Province: ≥ 99.0%. November 10: 2620-2750 yuan / ton
At the beginning of November, the decline of international crude oil depressed the market mentality. The cost methanol and civil gas markets both weakened. Dimethyl ether came down under pressure. The price dropped slightly from 1 to 2 days. However, from the 3rd day, the trend showed a continuous upward trend, and the market transaction atmosphere improved. There are four main reasons for the rising market this time: first, the sharp rise of international crude oil has brought obvious support to the market; second, the significant increase in the cost of methanol has brought obvious advantages; second, the civil market of liquefied petroleum gas is dominant on the whole, and the third is that the Shandong market range is about 100 yuan / ton; and the last point is that the terminal demand has increased with the continuous decline of weather and temperature. The downstream replenishment cycle is shortened, and the enthusiasm of entering the market is higher under the buying up mentality. The market trading is obviously improved, and the manufacturer’s mentality is firm, and the ex factory price is continuously raised. Taking Henan xinlianxin as an example, the minimum guaranteed settlement price announced on November 1 was 2600 yuan / ton, and the price was continuously raised from the 4th to 2680 yuan / ton on November 10.
On the 10th, the market in Henan, the main production area, was more rational, with an increase range of 20-30 yuan / ton, and the mainstream quotation was about 2620-2750 yuan / ton. Due to the lack of market supply in Hebei market, the rise rate was 150 yuan / ton, and so was Shandong market. Only one enterprise delivered goods normally, with an increase rate of 150 yuan / ton.
The sharp rise of methanol cost has brought strong support to the dimethyl ether Market. On the 10th, the transaction price of Shandong methanol in Lubei market rose slightly, reaching 2050 yuan / ton, which was delivered to spot exchange. However, few transactions were made. The methanol market in the south of Shandong Province rose by 40-60 yuan / ton to about 1990-2030 yuan / ton, Linyi received the local goods quotation of 2020-2030 yuan / ton and delivered them without tax; the quotation of logistics goods was 1990-2000 yuan / ton delivered without tax. Northwest higher, southern Shandong local supply is tight, business mentality is supported. The transaction volume of methanol market in central Shandong Province rose to 2020 yuan / T, and the transaction of peripheral goods increased to 2000-2020 yuan / T delivered cash, with the transaction focus on high-end.
At present, the international crude oil continues to rise, which brings obvious support to the market. The civil market of liquefied petroleum gas is mainly followed by the rise, and the cost of methanol market also rises widely. Under the multiple favorable conditions, the manufacturers have a strong mentality and a good shipping atmosphere. And as the weather continues to cool down, the terminal demand is still expected to improve. In the future, there is still room for the DME market to rise.
| Thiourea |