Price trend

On the 3rd, the domestic DME market rose slightly. In March, the price of DME rose slightly several times, with a range of 10-20 RMB/ton, mainly supported by the cost side.

Analysis review

The raw material methanol market was relatively firm, and the cost support was strengthened. However, the raw material price had a weak trend at the weekend, and the possibility of further decline in the future was increased. There was no obvious improvement in the demand side for the time being.

Market outlook

It is expected that the short-term market of DME in Henan Province will be dominated by volatility at a high level.

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