Dimethyl ether price trends on August 26
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Price trends of dimethyl ether on August 26 Author/Source: Business Society Date: 2020-08-26 Clicks: 218 On August 26, the dimethyl ether market was characterized by the aforementioned trends; there was no significant improvement in trading activity. Companies such as Henan Xinlianxin announced minimum prices, after which prices dropped sharply, putting downward pressure on the market. Although there was an increase in the Hebei region, the actual transaction prices remained low, while the Shandong region continued to show stability. The current market supply is relatively ample, and further declines are likely on the 27th.
This price seems a bit low. When I graduated 10 years ago, I worked at a dimethyl ether factory; back then, the price of methanol was 5,000 yuan per ton, while that of dimethyl ether was 7,000 yuan per ton
The downstream area has not been developed, so there are limited options. Prices can’t go up