SunSirs: Demand Was General, DME Was Weak and Sorting
April 14 2023 09:44:26     SunSirs (John)Price trend
Recently, the domestic DME market in Henan was stagnant, with signs of decline in other regions. The mainstream price of DME was around 3,700-3,800 RMB/ton.
Analysis review
The number of maintenance enterprises had increased, and although the market supply tightened, downstream demand was flat and difficult to increase. The raw material methanol market continued to be weak, with a slight rebound this week, but had limited support for DME. Other regions continued to decline
Market outlook
Under the guidance of bearish signals, it is expected that in the short term, the DME in the Henan region will mainly be weak and downward.
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