I. price trend
The domestic market price of dimethyl ether (Henan) rose slightly this week. At the beginning of the week, the average price of domestic dimethyl ether (Henan) market was 2926.67 yuan / ton, and at the end of the week, the average price was 2946.67 yuan / ton, up 0.68% in the week, and the price was 23.6% lower than the same period last year.
| Thiourea dioxide |
II. Market analysis
Product: on Tuesday, the trading atmosphere in the methyl ether (Henan) market improved. As of December 6, the units of Yutai, Henan lankaohuitong and Shanxi Lanhua science and Technology Co., Ltd. had been shut down for maintenance; the unit of dimethyl ether in Xinyuan of Henan Yima had failed, so the quotation was not offered temporarily. Shengxin, Qinyang, Henan Province, will not make an offer. The ex factory price of dimethyl ether of Henan xinlianxin Chemical Industry Group Co., Ltd. is 2970 yuan / ton, that of Hebei Jichun Chemical Co., Ltd. is 3200 yuan / ton, that of Shandong Dezhou shengdeyuan company is 3050 yuan / ton, and that of Shandong Yuhuang is 3100 yuan / ton.
The operating rate of DME market this week is higher than that of last week. This week, the cost of methanol is more stable, with slight adjustment in some areas, and the civil use of liquefied gas continues to rise. The cost support is still available, which is good support for the market. Some enterprises in Henan province plan to store and park, and the overall supply of the market will be reduced, but at present, there is no substantial change in the terminal demand of DME market, which has some impact on the rise.
| Thiourea |
Industry: according to the price monitoring of the business agency, in the 48th week of 2019 (12.2-12.6), there are 10 kinds of commodities rising month on month in the energy sector, among which there are 3 kinds of commodities rising by more than 5%, accounting for 18.8% of the number of commodities monitored in the sector; the top 3 commodities are WTI raw oil (5.91%), MTBE (5.62%) and gasoline (5.07%). There are two kinds of commodities falling on a month on month basis, the first two products falling are liquefied natural gas (- 0.58%) and fuel oil (- 0.22%). This week’s average was up or down 1.71%.
III. future forecast
According to DME analysts of business club, although the demand for DME terminal continues to be poor, many plants have parking plans at present, the overall market supply has decreased, and the trend of liquefied gas is strong, so it is expected that there will be a slight increase in the future market in the short term.
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