Dimethyl ether: good short-term, local rose

It is understood that at the beginning of November 2012, domestic methanol was mixed, and affected by the rain and snow in the north, some of the northwestern methanol and dimethyl ether sources were sent to the place of consumption for longer periods, and the cost of return was extended. According to the analysis of the short-term dimethyl ether market, the local rose.

Due to the continuing downturn in downstream demand, coupled with the impact of road conditions, prices of dimethyl ether in Hebei and Shandong have picked up slightly.

In the northern region, affected by the “***” approaching and rain and snow conditions, the supply of methanol from the northwest to the Hebei section was extended and the cost of return increased. The price of dimethyl ether in the Hebei area went up. Today, the entire Hebei area is within the region. Shouwen, Shandong Province, partially affected by Hebei, the price rebounded slightly; Hebei region, the current mainstream price in the 4050-4170 yuan / ton; Shandong, the current mainstream prices remained at 4070-4220 yuan / ton level; Henan regional market temporarily stable The downstream demand has not been able to recover. The overall mainstream settlement is stable at 3980-4030 yuan/ton. Sales in the northwestern region have been satisfactory recently, and some manufacturers in the region have been sold without pressure. The overall settlement price has remained at the level of 3720-3950 yuan/ton.

In the southern region, the main trends in southern China have been stable across the board. The mainstream sales in the region along the Yangtze River remained at RMB 4,100-4,200/tonne; the mainstream settlement in East China was at RMB 4,250-4,350/tonne, while that in South China was stable at 4550-4600. Yuan / ton. In the southwestern region, due to the shutdown of Wansheng Chemical and Wanlilai in Chongqing, the resources in the surrounding areas were tightened, and the inventory of Chongqing's two factories was sold out. The price of Lutianhua and Longqiao Chemicals went up slightly. It is understood that the mainstream transactions in the region are currently at 3950. Yuan/ton level, the market is stable in the short-term.

Short-term bullish or will support the local area price up, but the overall downstream is not conducive to support, the upstream methanol continues to be weak, is expected to be short-term good or unable to support the current short-term market prices continue to rise, the overall market outlook will remain stable.