SunSirs: Energy, Views on the Rise and Fall of DME on March 9
March 10 2020 10:39:35 SunSirs (Selena)
Commodity name: dimethyl ether (DME)
Latest price (March 9): 2,886.67 RMB/ ton
Key points of analysis: DME market has been weakening continuously, mainly downward, and the overall transaction atmosphere of the market is general. Although the price of DME is relatively low at present, the methanol and LPG markets are weak and falling, the domestifc demand recovers slowly, the market mentality is negative, the downstream is bearish to the future market, and it is mainly cautious.
Market forecast: it is expected DME market will to be dominated by weak consolidation in the short term.
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