1、 Price trend
According to the data monitoring of the business agency, on April 13, DME again ushered in the rising market driven by liquefied gas (Civil), but the late positive was limited, and on April 20, it returned to the downward trend. On April 13, the average market price of dimethyl ether (Henan) was 2686.67 yuan / ton, and on April 21, the average price was 2650 yuan / ton, with a decline of 1.36% and an earthquake amplitude of 5.58%.
| Sodium selenite |
2、 Market analysis
From April 13 to 21, DME rose first and then fell, and the trading atmosphere of the market was weak from improved. As of April 21, Hebei Yutai, Shanxi orchid, Dezhou shengdeyuan and other devices had been shut down for maintenance; Henan Yima Xinyuan dimethyl ether device failed, so no offer was made temporarily. The ex factory price of Shengxin dimethyl ether in Qinyang, Henan Province is 2590 yuan / ton, and that of Henan xinlianxin Chemical Industry Group Co., Ltd. is guaranteed. The ex factory price of dimethyl ether in Hebei Jichun Chemical Co., Ltd. is 2700 yuan / ton, that of Henan lankaohuitong is 2600 yuan / ton, and that of Shandong Yuhuang is 2600 yuan / ton.
In the early stage, the market of dimethyl ether (Henan) continued to rise, with a good trading atmosphere. Propane market surged on April 12, driving the civil LPG market up. Dimethyl ether rose on the back of this positive trend, especially Henan xinlianxin raised its price for 4 consecutive days. Under the mentality of buying up in the lower reaches, actively enter the market to replenish goods. However, the propane Market reversed sharply, the civil use of liquefied gas lacked support, and the rise slowed down. DME rationally recovered under this influence. On April 20, the market of dimethyl ether ushered in a downward trend. The trading atmosphere of the market was significantly weaker than that of the earlier stage. The decline of civil LPG affected the market mentality. The downstream market was delisted in a rational way, with the focus on wait-and-see. Among them, Henan xinlianxin implemented the 2-day minimum policy.
| Chitosan oligosaccharide |
Industry: according to the price monitoring of the business association, in the 15th week of 2020 (4.13-4.17), there are 5 commodities in the list of commodity price rise and fall in the energy sector, including 1 commodity with an increase of more than 5%, accounting for 6.3% of the monitored commodities in the sector; the top 3 commodities are liquefied gas (8.62%), dimethyl ether (4.47%) and MTBE (3.86%). There are 10 kinds of commodities falling on a month on month basis, with 3 kinds of commodities falling by more than 5%, accounting for 18.8% of the number of commodities monitored in the sector; the top 3 products falling are WTI crude oil (- 12.70%), Brent crude oil (- 11.63%) and naphtha (- 10.17%). This week’s average was – 1.58%.
3、 Future forecast
At present, international crude oil has fallen sharply, affecting market mentality. The civil trend of liquefied gas is weak, which has some impact on DME market. And with the completion of the early replenishment, the downstream market mainly consumes inventory, which is expected to fall in the short term.
| Sodium Molybdate |