SunSirs--China Commodity Data Group

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Commodity News

SunSirs: Both Supply and Demand Was Weak, DME Was Downward

March 24 2023 09:54:12     SunSirs (John)

Price trend

Recently, the domestic DME market was weak and difficult to change. The mainstream price of DME was around 3,700-3,800 RMB/ton.

Analysis review

Downstream demand was weak, while raw material costs continued to decline. DME enterprises had load reduction plans. The market of related product liquefied petroleum gas was weak, further depressed the market mentality.

Market outlook

It is expected that the DME market will be weak in the near future.

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