In 2021, the market of dimethyl ether continued the rising trend at the end of 2020. At present, it is more than half in January. The trend of dimethyl ether is twists and turns, and the overall fluctuation rises. According to the data monitoring of business news agency, the average price of dimethyl ether in Henan market was 3333.33 yuan / ton on January 1, and 3540.00 yuan / ton on January 15, with a half month increase of 6.20%. As of January 15, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

The mass fraction of DME in Shandong area: ≥ 99.0% on January 15, > 3460-3700 yuan / ton

The mass fraction of dimethyl ether in Hebei area: ≥ 99.0% on January 15 to 3500 yuan / ton

The mass fraction of dimethyl ether in Henan Province: ≥ 99.0% on January 15, > 3480 yuan / ton

After the new year’s day, due to the strong trend of international crude oil, the price of LPG civil market rose sharply, the news was favorable to the market mentality, and the demand for storage and replenishment after the festival in the downstream, the market enthusiasm was high, the market transaction atmosphere was good, the manufacturers shipped smoothly, the inventory was mostly at a low level, and the ex factory price was greatly increased.

According to the data monitoring of the business community, the market weakened from January 10 to 11. Due to the rapid price rise of the LPG civil market after the festival and the limited downstream acceptance capacity, after the completion of replenishment, most of them withdraw from the market and wait-and-see, with poor enthusiasm for entering the market, the market transaction atmosphere weakened obviously compared with the previous period, and the power to continue to rise was insufficient. Affected by this, the mentality of dimethyl ether Market has weakened, and the manufacturer has slightly reduced the ex factory price. However, in just two days, the market went up again, and the wide rise of methanol cost market boosted the market. Then on the 12th, the international crude oil rose, and the news boosted the market mentality. The civil LPG market followed the rise, and the price difference between gas and ether widened again. The LPG futures rose, and the dimethyl ether market mentality improved, following the rise of civil gas. Under the mentality of controlling the rise of the downstream, the manufacturer replenished goods in the market, the shipment was smooth, the mentality was firm, and the inventory was free of pressure.

At present, the operating rate of dimethyl ether Market is about 16%, which is not different from the previous period, and the market supply is relatively stable. In terms of demand, the terminal demand is better, and the downstream market entry is more positive. But the cost of horizontal finishing, the market support is limited. In the future, the dimethyl ether market may be dominated by weak consolidation in the short term.