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SunSirs: Views on the rise and fall of Dimethyl Ether (DME) on October 14

October 15 2019 13:54:09     SunSirs (Selena)

The latest price of Dimethyl Ether (DME) on October 14, 2019 was 3,550 RMB/ton.

Analysis points

Dimethyl ether (Henan) market continued to rise, the market trading atmosphere is good. The trend of cost methanol market is strong, and there is no downward expectation, which supports the market to a certain extent. Prices continue to rise, and downstream entry enthusiasm is high, stimulating demand. However, the gas market is weak and the price gap between gas and DME is shrinking, which restricts the market growth.

Market Forecast

It is expected that the price of DME will remain stable in the short term.

 

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