First, the price trend

This week, the domestic DME market rose broadly. At the beginning of the week, the average domestic market price of DME was 4,793.75 yuan/ton, and the average weekend price was 4967.5 yuan/ton. The weekly increase was 3.62%, and the price increased by 29.17% compared with the same period of last year.

Second, the market analysis

Products: This week, the market for dimethyl ether is wide and the overall market atmosphere is good. Hebei Yutai dimethyl ether plant was shut down for maintenance on September 13 and has not been opened yet. Henan Lankao Huitong drove to resume the offer on June 16. As of September 14, Henan Lancao Huitong dimethyl ether ex-factory price was 4,600 yuan / ton, Henan Yima Xinyuan dimethyl ether ex-factory price was 4,670 yuan / ton, Hebei Hunchun Chemical Co., Ltd. dimethyl ether ex-factory price was 4,870 yuan / ton The ex-factory price of DME of Shengdeyuan Company of Shandong Dezhou is 4,800 yuan/ton, and the ex-factory price of dimethyl ether of Shanxi Orchid Technology Technology Co., Ltd. is 4,600 yuan/ton.

Industry chain: This week, the domestic methanol market remained at a high level, and the supply side was tight and supported. The main producing areas in the northwest region continued to rise. Although the domestic methanol market has been actively rising, the downstream regions have gradually resisted the high prices. The receipt of goods is still cautious, just need to purchase, the market transactions are general, domestic methanol continues to push up or blocked. This week, the domestic LPG market has risen steadily and the market atmosphere is good. At the beginning of the week, the international crude oil price rose, which was positive for the market and the overall shipment was smooth. In the later period, the international crude oil retreated in a wide range, and the bearish industry mentality, but under the support of low stocks, there was still a slight increase. This week, the dimethyl ether market continued to rise and the market was trading smoothly. At the beginning of the week, the raw material methanol market was wide, driving the downstream mentality, actively entering the market, and the market demand was again improving. In addition to the traditional sales season, the manufacturers’ mentality is firm, the stocks are pressureless, and the quotations are rising.

Industry: According to the price monitoring of the business community, in the 37th week of 2018 (9.10-9.14), there were 13 kinds of commodities in the energy sector that rose in the energy sector. Among them, one of the products with a price increase of more than 5%, accounting for the sector. The number of commodities monitored was 6.3%; the top 3 commodities were LNG (6.67%), fuel oil (3.73%) and dimethyl ether (3.62%). There were 2 kinds of commodities with a decrease in the chain ratio, and the top 2 products were coke (-2.19%) and petroleum coke (-2.07%). This week’s average price increase was 1.44%.

Third, the market outlook

The dimethyl ether analyst of the business community believes that the raw material methanol market is expected to be rationally narrowed downward next week, and the liquefied gas market is expected to stabilize. On the demand side, market demand is improving this week and is expected to decline next week. At present, in the traditional sales season, the manufacturers’ mentality is firm, and the downstream has a bullish mentality for the market. It is expected that there will still be room for growth in the market.