Price trend

According to the data monitoring of SunSirs, the average price of DME in Henan was 4,096.67 RMB/ton on March 4, and the average price on March 7 was 4,253.33 RMB/ton, with an increase of 3.82% during the period, and up 12.32% compared with the price on February 1.

Analysis review

On the 7th, the domestic DME market mainly rose, and the Henan market rose on the weekend. The Hebei and Shandong markets followed and increased. The raw material methanol and liquefied gas markets both rose, which was good for the market mentality. Enthusiasm for downstream entry into the market was acceptable, the market trading atmosphere was mild, and manufacturers' inventories were controllable.

Market outlook

It is expected that the DME market may still rise slightly in the short term.

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