In July, the dimethyl ether market continued to rise at the end of June, and the price continued to rise. However, in this week, the rise was blocked, and the price returned to the downward path. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3180.00 yuan / ton on June 27 and 3345.00 yuan / ton on July 8, with an increase of 5.19% during the period and 49.33% over the same period last year. As of July 8, the domestic market prices of dimethyl ether are as follows:

region Specifications date offer

Shandong Province Mass fraction of dimethyl ether: ≥ 99.0% July 8th 3580 yuan / ton

Jiangxi Province Mass fraction of dimethyl ether: ≥ 99.0% July 8th 3390 yuan / ton

Henan Province Mass fraction of dimethyl ether: ≥ 99.0% July 8th RMB 3350-3380 / T

In early July, the dimethyl ether market continued the favorable market at the end of June, the price continued to be the main factor, the international crude oil rose, the CP rose sharply in July, the cost of methanol rose, and the transportation was blocked on July 1. All these factors brought obvious support to the dimethyl ether Market, and the main production areas in Henan began to rebound from the end of June. But the good time is not long. After entering this week (7.5), the rebound market was blocked, and the price returned to the downward path. With the positive consumption in the early stage of the market, in recent days, the international crude oil has fallen sharply continuously, the raw material methanol has declined, and the LPG civil market has weakened, which has brought obvious bad news to the market. Henan xinlianxin two sets of devices returned to normal, and the market supply increased. In addition, with the end of early replenishment, the lower reaches resisted high prices, were cautious, mainly on the wait-and-see side, and their enthusiasm for entering the market declined. At present, negative factors are leading the price back to the downward path. The main producing areas of Henan took the lead in the decline, while Shandong and Hebei areas were mostly stable and moderate down.

In terms of cost methanol market, crude oil fell, the linkage of plastics and other commodities increased, and methanol futures fluctuated downward. On the spot side, the situation of upstream enterprises’ shipment is different, Lubei refinery and other downstream enterprises are cautious about receiving the goods, and the traders’ mentality is different. The spot price of methanol in various regions has been stabilized and reduced in a narrow range. In the futures market, methanol futures of Zhengzhou Commodity Exchange fluctuated at a low level on July 7, with the main contract ma2109 closing at 2562 yuan / ton, down 72 yuan / ton or 2.73% compared with the closing of the previous trading day.

As of July 8, most of the dimethyl ether Market has stopped falling and stabilized, but the negative factors still exist, and the civil market of raw methanol and liquefied gas is weak, which brings limited support to dimethyl ether. In addition, the market supply has increased compared with that of last week. In the current off-season of traditional sales, the terminal demand is weak, and most of the downstream companies maintain the replenishment on demand with limited enthusiasm. It is expected that the dimethyl ether market will still fall in the short term, and the price of civil gas should be paid more attention to.