SunSirs--China Commodity Data Group

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SunSirs: Production and Sales are Weak, China DME Market is temporarily Stable

January 15 2024 10:08:06     SunSirs (Selena)

On the 12th, the DME market in Henan Province remained stable. Recently, the domestic DME market has remained stable at a low level, with a decline in raw material methanol and weakened cost support. Upstream production has decreased, supply has tightened, downstream demand is weak, market atmosphere is cold, and many businesses hold a pessimistic attitude. It is expected that the DME market will maintain a low consolidation operation in the short term.

 

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