This week (1.9-1.13), the domestic dimethyl ether market rose as a whole, with the market in Henan rising first and then stabilizing. According to the data monitoring of the Business News Agency, the average market price of dimethyl ether in Henan was 4600 yuan/ton on January 9 and 4625 yuan/ton on January 13, up 0.54% in the week, up 13.54% from the same period last year.

As of January 13, the domestic market prices of dimethyl ether in various regions are as follows:

Region/ Mainstream quotation

Jiangxi Province/ 4620 yuan/ton

Hebei Province/ 3900-4810 yuan/ton

Henan Province/ 4310-4550 yuan/ton

This week, the dimethyl ether market in Henan Province rose slightly. At the beginning of the week, the downstream centralized procurement, the atmosphere of transaction in the market became stronger, and the low inventory of dimethyl ether enterprises actively pushed up. Later, with the Spring Festival approaching, the downstream replenishment peak has passed and the price has stabilized. In terms of cost, the price of methanol has fallen, but the support for dimethyl ether is still there. Demand: downstream demand is affected by traditional festivals, and is changing from replenishment to rigid demand, with demand decreasing.

Overall, the on-site inventory is controllable, and the manufacturer’s willingness to stand up is obvious. It is expected that the dimethyl ether market will run smoothly in the short term.