In the half of November, the DME market went further and further on the way of price increase. At present, all regions in China have broken through the 3000 yuan / ton mark. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market on November 1 was 2620.00 yuan / ton, and on November 17 it was 3036.67 yuan / ton, with an increase of 15.90% in the first half of the month and 2.59% higher than that of the same period last year.
As of November 17, the quotation of each region is as follows:
Regional specification Date Quotation
Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% Nov. 17 2950-3050 yuan / ton
The mass fraction of dimethyl ether in Hebei Province: ≥ 99.0% 3000 yuan / ton
The mass fraction of dimethyl ether in Henan Province: ≥ 99.0% 2940-3080 yuan / ton
In the first two days of November, the rise of methyl ether Market was not obvious. At the beginning of the month, due to the decline of international crude oil and the weakening of methanol and civil gas markets, dimethyl ether prices fell slightly from January to February, and began to stop falling and rising on the third. However, due to the limited favorable market conditions, the market transaction atmosphere turned better than the previous period. In the lower reaches, the enthusiasm for entering the market is higher, the market trading is obviously better, and the manufacturer’s mentality is firm, and the ex factory price is slightly increased.
In the second week, dimethyl ether market rose rapidly, up as much as 12% in the week. The sharp rise in the cost of methanol has brought strong support to the dimethyl ether Market. During this period, the international crude oil continued to rise, driving up the civil price of liquefied petroleum gas, which significantly boosted the market. In addition, the weather is cooling down, the terminal demand has been improved, the downstream replenishment cycle has been shortened, the market entry is more active, the market transaction atmosphere is gradually improved, the manufacturer’s mentality is strong, and the quotation is greatly increased. At the beginning of the month, the price of methyl ether was raised by RMB 26350 / T in the beginning of the month.
At present, in the third half of the third week, all regions in China have broken through the 3000 yuan / ton mark, and the price of dimethyl ether has not stopped, but the range has narrowed compared with the previous period. On the 17th, although the raw material methanol market fluctuated slightly, it was still at a relatively high level, which still had some support for the market. However, the weakness of LPG civil market has brought some pressure on DME market. The wait-and-see mood in the downstream increased, and the market entry was more cautious, and the market transaction atmosphere turned weaker than that in the earlier stage. On the 17th, the international crude oil rebounded, bringing certain favorable support to the market.
On the 17th, the methanol market was up and down. The market of methanol in Shanxi Province went up, the mainstream transaction price of Linfen in Shanxi Province was stable at 1950-1970 yuan / t spot exchange; the online auction transaction in Changzhi area reached 2010-2020 yuan / t spot exchange; the mainstream transaction price in Jincheng area increased by 30-50 yuan / ton to 2050-2060 yuan / ton. The methanol market in southern Shandong is temporarily stable at about 2060-2080 yuan / ton, and Linyi receives the mainstream local price of 2060 yuan / ton and delivers it without tax, while the mainstream quotation of logistics goods is 2030 yuan / ton and delivered to the place without tax. The transaction volume of methanol market in central Shandong was stable to 2150 yuan / ton, while the transaction volume of peripheral goods dropped to 2020-2030 yuan / T, and the focus shifted downward.
At present, the market is still dominated by good market, and the high level of raw material methanol supports the market obviously. Although the rising range has narrowed, the mentality of manufacturers is relatively strong. Moreover, the rebound of international crude oil is good for the LPG market, and the domestic gas in some areas has risen slightly, which brings certain benefits to the market. The DME market is expected to be strong in the short term.
| Thiourea |