First, the price trend

In August, the domestic DME market rose first and then declined, and the overall increase. At the beginning of the month, the average domestic market price of DME was 4357.5 yuan/ton, and the average price at the end of the month was 4647.5 yuan/ton. The monthly increase was 6.66%, and the price increased by 28.86% compared with the same period of last year.

Second, the market analysis

Product: The market for DME in August rose. The operating rate this month is still not high. Hebei Yutai and other manufacturers currently do not offer parking, Henan Lankao Huitong on June 16 driving quote. As of August 31, Henan Lancao Huitong dimethyl ether ex-factory price was 4270 yuan / ton, Henan Yima Xinyuan dimethyl ether ex-factory price was 4180 yuan / ton, Hebei Hunchun Chemical Co., Ltd. dimethyl ether ex-factory price was 4490 yuan / ton The ex-factory price of DME of Shengdeyuan Company of Shandong Dezhou is 4,400 yuan/ton, and the ex-factory price of dimethyl ether of Shanxi Orchid Technology Technology Co., Ltd. is 4,080 yuan/ton.

In the industrial chain: the methanol market in August fluctuated upward. According to the price monitoring of the business community, the price of methanol at the beginning of the month was 2,797 yuan/ton, and the price of methanol at the end of the month was 3,023 yuan/ton. The monthly increase was 8.09%, and the price increased by 15.76% compared with the same period of last year. In August, the domestic LPG market price trend was firm. At the beginning of the month, the average price of domestic LPG market was 4,415.62 yuan / ton, the average price at the end of the month was 4,618.88 yuan / ton, the monthly increase was 7.84%, and the price was 30.78% higher than the same period of last year. In August, the raw material methanol market continued to consolidate at a high level. Although the price difference between gas and ether was slightly narrower than that of the previous period, it remained at the level of 800-900 yuan/ton. Under the favorable support of methanol and liquefied gas market, the beginning of the month The ether market has risen all the way, but as prices continue to rise, the downstream is in conflict with high prices, and the downstream inventory is becoming saturated. Under the pressure of inventory and sales, manufacturers have withdrawn from the market and watched the atmosphere, resulting in lower prices. In the later period, due to the parking of individual manufacturers, the market supply decreased, and the downstream market entered the market cautiously under the controllable inventory, and the market price stabilized.

Industry: In August 2018, there were 15 kinds of commodities in the energy sector, which rose by more than 5%, among which 11 products were increased by more than 5%, accounting for 68.8% of the monitored products in the sector; They were coke (26.52%), fuel oil (13.54%) and petroleum coke (12.63%). There was one product with a decrease in the chain ratio, and the product that fell was LNG (-11.93%). This month’s average price increase and decrease was 6.83%.

Third, the market outlook

The dimethyl ether analyst of the business community believes that the current high level of raw material methanol has a certain support for the dimethyl ether market. In addition, the weather is gradually getting colder and the market demand has increased. It is expected that there will be little room for dimethyl ether to fall.