In June, dimethyl ether, which is in the off-season of traditional demand, mainly fell, and the way to rise is more difficult. According to data monitoring of business agency, the average price of DME in Henan market was 2283.33 yuan / ton on May 31, 2193.33 yuan / ton on June 22, down 3.94% during the period, compared with 28.32% in the same period last year.

Regional specification Date Quotation

Mass fraction of dimethyl ether in Shandong Province: ≥ 99.0% June 22 2150-2180 yuan / ton

Mass fraction of dimethyl ether in Hebei Province: ≥ 99.0% June 22 2200-2300 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% June 22 2110-2200 yuan / ton

In June, the operating rate of domestic dimethyl ether Market was about 12%, which was lower than that of last month, and the market transaction atmosphere continued to be depressed. At the beginning of the month, the rise of crude oil and the introduction of CP in June were higher than expected, which brought benefits to the liquefied gas market, and the civil gas market rose positively. However, the market advantage of DME is limited, which continues the decline in May. The hot weather terminal market demand is extremely limited. The downstream mainly consumes its own inventory, and the enthusiasm for entering the market is not high. The delivery situation of the manufacturers is not good, the inventory pressure of some enterprises is rising, the price is continuously weak and lowered, and the price is constantly low.

With the price falling to a relatively low level, the atmosphere of market transactions has not improved significantly. In the case of cost inversion, most enterprises reduce the load of production, a small number of enterprises are forced to stop, the market operating rate is weakened, which brings some support to the market, and the price stops falling and stabilizes. However, the weakness of the civil market of liquefied gas still restricts the dimethyl ether, and there is still a certain amount of inventory in the downstream, with limited market benefits and stable prices.

Until the 17th, crude oil continued to rise slightly, and the market supply continued to reduce, the DME market finally ushered in a rising trend. Henan xinlianxin took the lead in raising the price by 10 yuan / ton, while other enterprises adjusted their prices to keep pace with the increase. However, poor demand in the terminal market is still the biggest constraint, and the cost of methanol is weak and consolidated, the civil trend of liquefied gas is not good, the rising power of DME is insufficient and the increase is limited, and then the trend is still back to the low.

In the future, although the current crude oil has risen, it has a limited positive effect on the liquefied gas market, and the civil gas market is still weak. In addition, the low cost methanol operation makes it difficult to find a good effect on the market of DME. It is expected that the weakness of DME in the off-season will be hard to change in the short term. However, due to the limited falling space, the future market may remain low.