In July, the overall focus of the domestic dimethyl ether Market shifted upward, dominated by favorable factors in the month, and the prices in the main production areas of Henan exceeded the mark of 3500 yuan / ton. According to the data monitoring of business agency, the average price of dimethyl ether in Henan market was 3345.00 yuan / ton on July 1 and 3512.50 yuan / ton on July 31. The overall increase in July was 5.01%. As of July 30, 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% July 30th 3480-3780 yuan / ton

Hebei region Mass fraction of dimethyl ether: ≥ 99.0% July 30th 3620 yuan / ton

Henan region Mass fraction of dimethyl ether: ≥ 99.0% July 30th 3500-3530 yuan / ton

In July, the dimethyl ether Market as a whole can be divided into the first half of the month and the second half of the month. In the first half of the month, there were many horizontal adjustments and the fluctuation range was limited. The price rose significantly in the second half of the month, and the price rose as a whole in July. In the first half of the month, the market was mixed with good and bad. The introduction of CP in July at the beginning of the month led to the rise of civil gas. In addition, with the end of the party building day, transportation resumed, there was a certain replenishment demand in the downstream, and the price rose strongly, but the good time did not last long. In the later stage, the decline of international crude oil, the reduction of raw methanol and weak terminal demand all brought bad to the market. The price rise at the beginning of the month did not continue, The market fell. It was not until the second half of the month that the dimethyl ether Market in Henan rose significantly. The overhaul of some manufacturers in Henan, the main production area, brought some benefits to the market. In addition, the civil market of raw methanol and liquefied gas increased significantly in the second half of the month, the price difference of gas ether gradually opened, and the enthusiasm to enter the market under the mentality of buying up in the downstream was OK. The overall shipment of manufacturers was relatively smooth, the mentality was strong, and the price continued to rise, Shandong and Hebei regions were positive by the rise in the main production areas, following the behavior of the main producers. Although the dimethyl ether market fell briefly on the 25th, it returned to the upward trend again at the end of the month.

In terms of cost methanol market, in July, the methanol market was low first and then high, and the overall fluctuation range was limited. As of the 28th, the methanol market has been on the sidelines as a whole. The shipments of upstream enterprises are different, and the mentality of traders is unstable. Most underground tourism enterprises such as Lubei purchase on demand. The crude oil fluctuates, and the coal price is strong. The methanol market in major regions in China is dominated by consolidation, the downstream receiving is limited, the negotiation atmosphere is general, the shipments of production enterprises are stable, and the downstream purchasing is on demand. The spot transaction of methanol in the port area is light. Although delivery has been resumed in Taicang and Zhangjiagang reservoir areas, spot gas buying is still light because some expressways are still restricted.

At present, the price of dimethyl ether mostly rises above 3500 yuan / ton, the price is relatively high, and the off-season has not passed, the overall market demand has not improved significantly, it is still weak, and the market negative factors still exist. Although the civil market of raw methanol and liquefied gas did not continue to rise, the price was relatively strong, and CP still rose in August, which brought some support to the market. It is expected that the dimethyl ether market will still rise in August, but the range may be limited.