According to the data monitoring of traditional business agency, the average price of dimethyl ether in Henan market was 3562.50 yuan / ton on September 1 and 4276.25 yuan / ton on September 14, with a half month increase of 20.04%, an increase of 71.51% compared with the same period last year.
As of September 14, 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% September 14th 4540 yuan / ton
Hebei region Mass fraction of dimethyl ether: ≥ 99.0% September 14th 4480 yuan / ton
Henan region Mass fraction of dimethyl ether: ≥ 99.0% September 14th 4280-4320 yuan / ton
It is obvious from the trend chart that the dimethyl ether Market was in a tepid stage from early August to early September. However, on September 6, the dimethyl ether market began to rise strongly, and the quotation increased sharply one after another. The ex factory quotation in Henan, the main production area, increased by nearly 20%, and the price was close to 4500 yuan / ton. Taking Henan xinlianxin as an example, the ex factory quotation of Henan xinlianxin dimethyl ether was 3520 yuan / ton on September 5 and 4280 yuan / ton on September 14, with a total increase of 760 yuan / ton.
The sharp rise mainly comes from the raw material methanol market. Due to the influence of dual control, the supply in the mainland is limited, the inventory of enterprises is reduced, the coal price has hit a record high again, the cost support is obvious, the methanol futures price has risen sharply, and the domestic methanol spot market has followed the “soaring man”. The methanol market rose sharply, and the strong futures led the national long sentiment. The inventory of mainstream production plants remained low, the pressure was difficult to show, and there was a demand for goods in the downstream, which supported the market situation in the main methanol production areas to continue to rise sharply. With the strong support of raw methanol, the price of dimethyl ether rose sharply. Secondly, the center of gravity of the liquefied gas civil market has shifted upward, and the supply of Henan xinlianxin has decreased, which has brought certain benefits to the market. In the early stage of the downstream, the market entry is more positive with the buying mentality, but with the rising price, the downstream has limited ability to accept high prices, cautious mentality, and limited improvement of terminal demand, and the market entry enthusiasm is weaker than that in the early stage. On September 14, although the market price in Henan was still rising, the increase narrowed. At present, the upstream inventory is mostly in a controllable state, and the mentality is relatively strong.
In the cost methanol market, the negotiated price in the methanol market in central Shandong increased by 2950-2990 yuan / ton and sent to spot exchange. The price of local methanol factories in central Shandong increased by 3000-3050 yuan / ton, and the transaction was still good. The reference price of methanol market in Dongying, Shandong Province is 2960-3000 yuan / ton, which is delivered to spot exchange, and the trading situation is relatively general. The negotiated price in the methanol market in southern Shandong is 2950 yuan / ton, and the nearby factory provides cash exchange. Linyi receives the local goods to negotiate the price to 2910-2930 yuan / ton and delivers them to cash exchange. There are few Logistics offers. The local supply is tight, but the downstream is at a loss, and the enthusiasm for receiving goods is general. The methanol market in Henan fell slightly, and the on-site trading was acceptable. The bidding transaction price of Henan’s main enterprises fell slightly, and the price refers to 2860-2885 yuan / ton, and the factory withdraws cash exchange; The focus of Luoyang market negotiation fell to 2820-2880 yuan / ton in a narrow range.
At present, the rising cost of methanol and liquefied gas civil market has brought obvious support to the dimethyl ether Market, but the current terminal demand is generally improved, the downstream has limited ability to accept high prices, has a cautious attitude, has a weaker enthusiasm for entering the market than in the early stage, and the manufacturer’s inventory is mostly controllable and has a strong heart. On the whole, the DME market may continue to rise in the short term, but the range has narrowed. We still need to pay attention to the change of raw methanol.