SunSirs: On April 13, the Market Price of DME Fell
April 14 2022 09:16:50 SunSirs (John)
Price trend
According to the data monitoring of SunSirs, the average price of DME in Henan was 4,250.00 RMB/ton on April 12, and the average price on April 13 was 4,216.67 RMB/ton, with a single-day drop of 0.78%. Compared with April 1, the price rose 1.44%.
Analysis review
On the 13th, the domestic DME market price fell. The Henan market fell significantly, with a range of 50-60 RMB/ton. The DME market in Hebei and Shandong was downgraded steadily. The raw material methanol market was downgraded in a weak way, and the price of liquefied gas in the civil market was falling one after another, which was bad for market mentality. The market lacked good, and prices went down.
Market outlook
The DME market is expected to be weak in the short term.
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