In February, the overall trend of dimethyl ether Market is weak, and there is a broad decline trend after the festival. At present, the mainstream quotation of domestic market is about 3230-3250 yuan / ton. According to the data monitoring of the business association, the average price of dimethyl ether in Henan market was 3446.67 yuan / ton on February 1, 3243.33 yuan / ton on February 22, with a decrease of 5.90% during the period, and a single day decrease of 3.95% on February 22, showing a more obvious decline. As of February 22, the domestic market prices of dimethyl ether are as follows:

Region specification Date Quotation

Mass fraction of dimethyl ether in Shandong area: ≥ 99.0% February 223250 yuan / ton

Mass fraction of dimethyl ether in Hebei area: ≥ 99.0% February 223250 yuan / ton

Mass fraction of dimethyl ether in Henan Province: ≥ 99.0% February 223230-3240 yuan / ton

With the end of the Spring Festival holiday, dimethyl ether Market as a whole is weak. Although the international crude oil continued to rise after the festival, and the liquefied gas market was greatly pulled up by this good news, the dimethyl ether Market did not follow the trend, only slightly increased on February 18, but then entered the downward channel, and the overall trend was weak.

On February 22, the dimethyl ether market fell more significantly. The domestic regional markets as a whole sharply reduced the ex factory price. Some enterprises lowered the ex factory price twice on the same day. Taking Henan xinlianxin as an example, the ex factory price of xinlianxin dimethyl ether was 3340 yuan / ton on February 21, 3240 yuan / ton on February 22, and 100 yuan / ton on a single day. The main reason for the decline is the poor terminal demand. After the festival, only a small part of the downstream enter the market for replenishment. However, the overall shipment of the manufacturers is still not smooth, and the inventory is gradually increasing. The factory price is forced to be reduced to stimulate the downstream enter the market.

As for the cost of methanol, the domestic methanol market has recovered in a narrow range recently. According to the monitoring data of the business society, as of February 20, the average price of methanol producers in Shandong was 2267 yuan / ton, with a month on month decrease of 3.92% and a year-on-year increase of 14.09%. After the festival, the downstream enterprises replenish goods appropriately, the logistics is restored, and the freight is reduced. Domestic methanol market recovered slowly.

At present, although the methanol market has recovered, the support to DME market is limited. The civil market of liquefied gas fell significantly, which brought some pressure to the market. Downstream mentality cautious, lack of confidence in the future, less enthusiasm to enter the market, manufacturers shipping blocked, inventory gradually increased. In the short term, dimethyl ether Market is lack of obvious positive, and the overall or continued weak.