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SunSirs: On April 27, the DME Market Rose Steadily
April 28 2022 09:13:48SunSirs(John)

Price trend

According to the data monitoring of SunSirs, the average price of DME in Henan was 4,095.00 RMB/ton on April 26, and the average price on April 27 was 4,120.00 RMB/ton, with a single-day increase of 0.61%, and up 7.57% compared with March 1.

Analysis review

On the 27th, the domestic DME market price was firm, the Henan market partially raised the ex-factory price, and the Hebei and Shandong markets remained stable. Affected by the good shutdown of some manufacturers in Henan Province for maintenance, the manufacturers had a strong mentality, and the ex-factory price had increased by 50 RMB/ton. However, both the raw material methanol and related products liquefied gas civilian market were weak, and the market mentality was bad

Market outlook

It is expected that the DME market may be limited to rise in the short term, and the long-term is still dominated by weakness.

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