SunSirs--China Commodity Data Group

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SunSirs: The Mainstream Market is Stable, but the Mindset of DME is Weak in China

September 22 2023 10:04:42     SunSirs (Selena)

On September 21st, the domestic DME market stabilized and the mainstream price in the Henan market was 3,450-3,500 RMB/ton. Recently, international oil prices have dropped, coupled with the decline of related liquefied gas products, resulting in a decrease in the price difference of gas ether, which has constrained the market situation. The price of raw material methanol has decreased, cost support has weakened, and downstream market entry enthusiasm is not high. It is expected that in the short term, the DME market will be in a weak position to consolidate and operate.

 

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