The domestic dimethyl ether market rose steadily this week (1.3-1.6), with the market in Henan rising slightly. According to the data monitoring of the Business News Agency, the average market price of dimethyl ether in Henan was 4400 yuan/ton on January 3 and 4475 yuan/ton on January 6, up 1.7% in the week, up 20.62% from the same period last year.

As of January 6, the domestic market prices of dimethyl ether in various regions are as follows:

Region/ Mainstream quotation

Jiangxi Province/ 4570 yuan/ton

Hebei Province/ 3900-4790 yuan/ton

Henan Province/ 3900-4450 yuan/ton

The price of dimethyl ether in Henan Province rose slightly this week, the replenishment of downstream products after the holiday was OK, and the factory rose slightly. In other regions, the supply of goods is stable, and the downstream demand is mainly rigid, and the price is stable. Liquefied gas, a related product, showed a good trend in the week, supporting the rise of dimethyl ether, but with the weakening of the international crude oil price, it depressed the mentality of the industry, resulting in increased resistance to the rise, with narrow adjustment as the main factor.

The raw material methanol is put into operation, and the price rises and then falls, and the domestic supply level may continue to maintain a high level. It is expected that the short-term market will remain volatile and put into operation.

In general, with the end of the staged replenishment in the future market, the demand is expected to weaken, and the dimethyl ether market is expected to maintain stable operation in the future market in the short term.