In the second week of September, due to the favorable cost of methanol, the dimethyl ether market ushered in a sharp rise. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market was 3562.50 yuan / ton on September 1 and 3681.25 yuan / ton on September 9, with an increase of 3.92% during the week and 4.80% compared with August 1.
As of September 9, the domestic market prices of dimethyl ether in various regions are as follows:
region Specifications date offer
Shandong region Mass fraction of dimethyl ether: ≥ 99.0% September 9th 4030 yuan / ton
Hebei region Mass fraction of dimethyl ether: ≥ 99.0% September 9th 3900 yuan / ton
Henan region Mass fraction of dimethyl ether: ≥ 99.0% September 9th 3680-3765 yuan / ton
After experiencing a tepid market for more than a month, the dimethyl ether market finally ushered in a sharp rise in the second week of September. The dimethyl ether Market in Henan increased by nearly 4% during the week, and the quotations of most manufacturers in Henan, the main production area, rose to above 3700 yuan / ton. There were many positive factors in the market this week, which supported the continuous rise of dimethyl ether prices. First, the methanol market rose sharply, and the rise of raw material market brought strong support to dimethyl ether. Followed by the liquefied gas market, civil gas continued to rise during the week, and the price difference between gas and ether gradually opened, which was good for the market mentality. The downstream market entry is more positive, the manufacturer’s shipment is smooth, the mentality is strong, and the price is pushed up one after another.
In terms of cost methanol market, on September 9, the methanol market in Henan increased sharply, and the on-site trading was good. The bidding transaction of main enterprises in Henan Province was 2750-2760 yuan / ton, and the factory withdrew cash exchange, up 165 yuan / ton compared with Tuesday; Other enterprises offer stable prices and execute orders for shipment; Luoyang market negotiation refers to 2700-2770 yuan / ton of out of tank spot exchange. The negotiated price of methanol market in central Shandong is 2600-2620 yuan / ton and delivered to spot exchange. The price of local methanol factory in central Shandong is stable at 2790-2800 yuan / ton. The factory provides spot exchange, and the transaction is still good.
At present, the rising cost of methanol and liquefied gas civil market has brought strong support to the dimethyl ether Market. The downstream has staged replenishment into the market, with good enthusiasm, smooth shipment of manufacturers, controllable inventory and strong mentality. At present, there are still negative factors in the market. Although it has entered the peak season in September, the terminal demand has not improved significantly, which has significantly restrained the rising market. In general, the rise of dimethyl ether Market is limited, and it is mainly increased in the short term or steadily. Specifically, we still need to pay attention to the change of raw material methanol.
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