In mid August, the dimethyl ether Market returned to the rising route, and the price increased slightly. According to the monitoring data of business agency, the average price of dimethyl ether in Henan market was 3480.00 yuan / ton on August 17 and 3512.00 yuan / ton on August 23. During this period, the overall increase was 0.93%, an increase of 53.38% compared with the same period last year. As of August 23, 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% August 23rd 3690 yuan / ton

Hebei region Mass fraction of dimethyl ether: ≥ 99.0% August 23rd 3590 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% August 23rd 3510-3530 yuan / ton

In the middle of the month, the domestic dimethyl ether Market as a whole increased, of which Henan Province increased significantly, the price increased slightly continuously, and most of the current prices exceeded 3500 yuan / ton. The cost of methanol has risen steadily recently, and the increase of raw materials has significantly supported the dimethyl ether Market. In addition, with the recovery of demand in Henan, the downstream market entry situation has eased, the overall transaction atmosphere of the market is better than that in the early stage, the manufacturer’s inventory is mostly at a controllable level, the mentality is relatively strong, and the price is pushed up slightly. However, the current off-season has not passed, and the downstream mentality is cautious, still focusing on on-demand procurement.

In terms of cost methanol market, at present, crude oil continues to decline, coal prices are relatively strong, and the new price of major production enterprises in the main production area of Northwest China rose by about 30-50 yuan / ton this week, which has obvious positive guidance for the market. Traders are relatively active, but the downstream demand is relatively weak. In the short term, methanol just needs to be purchased, and the rise of the whole methanol market is weak.

Although the cost of methanol market has increased, which has brought some positive support to the dimethyl ether Market, the international crude oil has decreased, the civil LPG market has followed the decline, and the off-season has not passed, the terminal demand has not improved significantly, the downstream is in conflict with the high price, multidimensional holds replenishment on demand, and the enthusiasm for entering the market is general. Generally speaking, the dimethyl ether Market has limited room for rise in the short term, Or narrow adjustment.