In the last ten days of May, the dimethyl ether Market as a whole showed a downward trend, and there was a sharp downward trend in this week's market. According to the data of business agency, the average price of DME in Henan market was 3675.00 RMB/ton on June 6, 3540.00 RMB/ton on June 7, with a daily decline of 3.67%, up 57.80% compared with the same period last year. As of June 7, the market prices of DME in various regions are as follows:

In early June, with the introduction of CP price rise in June, the civil price of LPG was slightly higher, and the dimethyl ether Market was temporarily positive, and the price was stable and upward. However, due to the small increase of CP price, the positive effect on the market is limited. Then the DME market returned to the downward trend again. At the end of the week, the market began to decline, especially in Henan, with a declining range of 140-170 RMB/ton, Hebei and Shandong fell by 80-100 RMB/ton, and Jiangxi fell by 50 RMB/ton.

Affected by the traditional off-season factors, the decline is not unexpected. In the first ten days of May, the dimethyl ether market continued to rise, pushing the price up to a high level. Since the end of the last ten days, dimethyl ether has not been good enough and has been greatly reduced. The overall decline of methanol cost was the main trend, while the trend of the LPG civil market was weak, which brought bad news to the market. In terms of supply, some manufacturers have restarted their devices shortly, and the market supply has increased. In terms of demand, the poor terminal demand has brought obvious constraints to the market, and the downstream replenishment cycle is long, and the demand for replenishment is more, and the enthusiasm is not good. The market has many factors of profit and void, which leads to a sharp decline in prices.

In recent years, the domestic methanol market has declined in many regions, which has brought bad news to the market. June 7, Henan methanol market offer lower, trading in general. Henan main enterprises offer 2360 RMB/ton factory acceptance, other enterprises refer to 2380 RMB/ton factory cash exchange, Luoyang market offer reference 2330 RMB/ton can cash exchange. The main transaction price of Linfen in Shanxi Province fell 30-80 RMB/ton to 2150-2220 RMB/ton of cash raised by factories; The offline price of Changzhi area is 2400 RMB/ton of cash raised by the factory; The main transaction price in Jincheng area was stable and reported to 2300 RMB/ton of cash exchange raised by the factory.

At present, there are many negative factors in the dimethyl ether market. The raw material methanol market and the liquefied gas civil market are weak. Affected by the traditional off-season factors, the demand is weak, and the enthusiasm of downstream market entry is limited. Moreover, the supply of dimethyl ether Market has increased compared with the previous period. Under multiple negative factors, the dimethyl ether market is weak. Overall, the dimethyl ether market lacks obvious positive support, and it is expected that there will still be room for decline in the future.

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