The market price of methyl ether rebounded slightly on Tuesday (5.5-5.9)

1、 Price trend

 

The domestic dimethyl ether (Henan) market rebounded slightly this week. At the beginning of the week, the average price of domestic dimethyl ether (Henan) market was 2496.67 yuan / ton, and at the end of the week, the average price was 2543.33 yuan / ton, up 1.87% in the week, 22.30% lower than the same period last year.

 

http://www.lubonchem.com/

2、 Market analysis

 

On Tuesday, the trading atmosphere of methyl ether (Henan) market improved. As of May 9, Hebei Yutai, Shanxi orchid, Dezhou shengdeyuan and other devices had been shut down for maintenance; Henan Yima Xinyuan dimethyl ether device failed, so no offer was made temporarily. The ex factory price of Shengxin dimethyl ether in Qinyang, Henan is 2520 yuan / ton, that of Henan xinlianxin Chemical Industry Group Co., Ltd. is 2550 yuan / ton, that of Hebei Jichun Chemical Co., Ltd. is 2730 yuan / ton, that of Henan lankaohuitong is 2560 yuan / ton, and that of Shandong Yuhuang is 2520 yuan / ton.

 

On Tuesday, the market rebounded slightly, with the operating rate around 15%. During the May 1st Festival, it was not active to enter the market with the mentality of “buying up and not buying down” in the downstream market. The manufacturer delivered goods generally, and the price continued to decline. After the festival, the continuous rise of international crude oil boosted the gas market, the rise of liquefied gas generally, and the rebound of cost methanol, which led to the rise of dimethyl ether. The lower reaches of the market are enthusiastic, the purchasing is more active, the market transaction atmosphere is better than the earlier stage, and the price is the main actor.

sulphamic acid

 

Industry: according to the price monitoring of the business agency, in the 18th week of 2020 (5.4-5.8), there are 9 kinds of commodities in the list of commodity prices rising and falling, including 4 kinds of commodities with an increase of more than 5%, accounting for 25% of the number of commodities monitored in the sector; the top three commodities are WTI crude oil (21.78%), Brent crude oil (8.31%) and liquefied gas (8.08%). There are 5 kinds of commodities falling on a month on month basis, with gasoline (- 3.33%), diesel (- 1.52%) and naphtha (- 1.47%) as the top three products. This week’s average was up or down 3.03%.

 

3、 Future forecast

 

At present, the weakness of international crude oil has fallen, hitting the market mentality, and the civil use of liquefied gas has been reduced, which is bad for the market. Downstream mentality is cautious, after the completion of replenishment, it mainly consumes inventory after delisting, which is expected to be lowered in the short term or weak in the future.

Sulfamic acid