This week (12.11-12.15), the domestic dimethyl ether market rebounded strongly. According to the commodity market analysis system of Shengyishe, the average price of dimethyl ether in the Henan market was 3650 yuan/ton on December 11th, and 3770 yuan/ton on December 15th, with an increase of 3.29% during the cycle and a decrease of 18.4% compared to the same period last year.
As of December 15th, the mainstream prices of dimethyl ether in various regions of China are as follows:
Region/ Mainstream prices
Shandong region/ 3850 yuan/ton
Hebei region/ 3850 yuan/ton
Henan region/ 3750 yuan/ton
The overall domestic dimethyl ether market has risen this week, with mainstream prices in Henan around 3650 yuan/ton. The raw material methanol price has remained relatively strong this week, providing stronger support for dimethyl ether. Affected by the cooling down, downstream concentrated replenishment has driven effective flow of market goods, resulting in a decrease in enterprise inventory and a firm upward trend in prices.
According to the Commodity Market Analysis System of Shengyishe, the price of raw material methanol fluctuated downward this week, with a decrease of 0.46% from 2441 yuan/ton at the beginning of the week to 2430 yuan/ton at the end of the week.
Overall, the downstream replenishment of the dimethyl ether market has ended, and demand will return to a weak position. At the same time, the price center of raw material methanol is unstable, and it is expected that the dimethyl ether market will maintain stable operation in the short term.
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