SunSirs--China Commodity Data Group

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SunSirs: Downstream Demand Continues to Decline, Resulting in a Bearish Future of Dimethyl Ether

February 24 2023 14:49:47     

Latest price of dimethyl ether (February 23): 4450 RMB/ton

Key points of analysis: the price on the 23rd was 1.44% lower than the previous trading day. Recently, the dimethyl ether market in Henan has been weak and downward. Due to the continuous decline in downstream demand, dimethyl ether enterprises have given up profits and sold goods. The raw material methanol market is weak, the cost side is generally supported, and the demand side shows no signs of improvement in the near future.

Future forecast: It is expected that the short-term market of dimethyl ether in Henan will still have a downward trend.

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

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