The cost of methanol fell sharply, and the dimethyl ether market rose first and then fell in October.

I. price trend

In October, the domestic market of dimethyl ether rose first and then fell, mainly fluctuating. At the beginning of the month, the average price of domestic DME market was 3320 yuan / ton, and at the end of the month, the average price was 3310 yuan / ton, with a drop of 0.3% in the month, 30.29% lower than the same period last year.

II. Market analysis

In October, the market of dimethyl ether fell, and the market trading atmosphere turned weak. As of October 29, no quotation has been made for the parking of DME devices of Hebei Yutai and Shanxi orchid company. The ex factory price of DME of Henan Lankao Huitong Chemical Co., Ltd. is 3320 yuan / ton, the ex factory price of DME of Henan Yima Xinyuan is 3270 yuan / ton, the ex factory price of DME of Henan xinlianxin Chemical Industry Group Co., Ltd. is 3300 yuan / ton, and the ex factory price of DME of Henan Shengxin Biotechnology Co., Ltd. The price is 3320 yuan / ton, the factory price of dimethyl ether of Hebei Jichun Chemical Co., Ltd. is 3400 yuan / ton, and the factory price of dimethyl ether of Shandong Dezhou shengdeyuan company is 3370 yuan / ton.

In the first half of October, the market of dimethyl ether rose broadly, and in the second half of the month, it fell continuously, showing the trend of “developing first, then restraining”. This month, it was greatly affected by the cost of methanol. In the first half of the month, after the 11th holiday, the methanol market continued to rise, with the cost driven by the rise of dimethyl ether. Henan xinlianxin rose 300 yuan / ton for six consecutive days, and actively entered the market under the downstream buying up mentality. The manufacturer reported that the delivery situation was good. In the middle of the year, the trend was stable, a small number of manufacturers started to operate, the market supply increased, the downstream receiving strength weakened, and the market returned to rationality. In the second half of the month, it mainly fell. With the increase of production capacity, the increase of supply and demand, the imbalance of supply and demand, and the sharp dive of cost methanol market, the downstream mentality continued to wait and see, the market transaction atmosphere became weak, the manufacturer’s shipment was blocked, and the inventory pressure gradually increased. Prices have fallen in a row.

III. future forecast

Dimethyl ether analysts of business club think: at present, the cost of methanol is narrow range, the gas market is weak and falling, and the market mentality is negative. At present, downstream mentality is cautious and enthusiasm for entering the market is not high. However, the demand increased in November, and the cost methanol inventory may rebound. It is expected that the DME market will adjust in the short term, and the DME market may slightly rise in November.