Last week (1.9-1.13), the domestic DME market rose as a whole, with the market in Henan rising first and then stabilizing. According to the data monitoring of SunSirs, the average market price of DME in Henan was 4,600 RMB/ton on January 9 and 4,625 RMB/ton on January 13, up 0.54% in the week, up 13.54% from the same period last year.

Last week, the DME market in Henan Province rose slightly. At the beginning of the week, the downstream centralized procurement, the atmosphere of transaction in the market became stronger, and the low inventory of DME enterprises actively pushed up. Later, with the Spring Festival approaching, the downstream replenishment peak has passed and the price has stabilized. In terms of cost, the price of methanol has fallen, but the support for DME is still there. Demand: downstream demand is affected by traditional festivals, and is changing from replenishment to rigid demand, with demand decreasing.

Overall, the on-site inventory is controllable, and the manufacturer's willingness to stand up is obvious. It is expected that China DME market will run smoothly in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.