SunSirs--China Commodity Data Group

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SunSirs: Factory Had a Strong Willing of Supporting the Price, and DME Rose Steadily

May 08 2023 10:39:28     SunSirs (John)

Price trend

Analysis review

After the holiday, the overall domestic DME market rose, and the Henan region took advantage of the trend to push it up. Downstream centralized stocking before the holiday, and DME enterprises effectively reduced inventory. After the holiday, there was a strong attitude of supporting prices, and prices were slightly pushed up. As of the 6th, the mainstream price of DME in Henan region was around 3,750 RMB/ton, the factory's sales were relatively stable, and the downstream delivery capacity was still acceptable

Market outlook

It is expected that in the short term, the DME market will mainly consolidate after a rise.

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