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As winter sets in, the mixing ratio of dimethyl ether and liquefied gas is significantly reduced. Due to high initial prices of liquefied gas, which suppressed consumption, end-demand has been declining steadily, resulting in weak overall market demand for dimethyl ether. This month, the dimethyl ether market has remained sluggish, with prices continuing to fall. The decline in prices was as much as 1,000 yuan per ton within just over 20 days; in some cases, it even exceeded 1,200 yuan per ton. While low prices were supposed to stimulate consumption, they instead led to an increasing sense of caution among buyers, resulting in a continuous downward trend in market prices. Under the pressure of rising costs and high inventory levels, several companies began to shut down their operations in the middle of the month, with one-third of them stopping production by the end of the month. The availability of market resources has declined sharply, helping to keep the price of dimethyl ether stable; the price gap with liquefied gas has reached its lowest level this year. The narrowing profit margins have reduced traders’ enthusiasm for purchasing goods; sales performance across companies is average, and inventory levels are rising slowly. As the month came to an end, the liquefied gas market rebounded from its low points; preliminary market surveys showed positive results, and the dimethyl ether market also began to recover. Driven by various positive factors at the end of the month, the dimethyl ether manufacturers who had held their ground finally saw the situation improve, and along with liquefied gas, they entered a new upward trend. In the Shandong region, Hengrui has been delaying the start of operations. The resource volume in the area has not changed significantly compared to before. In order to retain a larger market share in the increasingly fierce competition, Jiu Tai Equipment has maintained a high operating load, while Yu Huang and Dong Ming Petrochemical also continue to operate at normal capacity. Shipments across various companies are average, with high inventory pressure. The market improved at the end of the month, leading to a slight increase in prices, and caution is growing among operators. Manufacturers are concentrated in the Hebei area, and at the beginning of the month they competed to lower prices in order to ensure smooth shipments. Facing poor shipment volumes and high costs, Zhongjie suspended operations for maintenance; Kaiyue stopped production for three days due to inspections, and subsequently Yutai also halted operations. The decline in local resources has helped to keep prices stable, with the price gap compared to liquefied gas in other regions narrowing to 400-500 yuan per ton. Along the riverside areas of Henan, shipment figures this month have been unsatisfactory; the persistent weakness in target markets fails to provide much support for local manufacturers. Poor allocation of resources has led to a significant increase in inventory pressure; it is rumored that some companies have stopped production in the latter part of the month, and the current stock is available for sale. Although liquefied gas prices are rising, industry experts remain cautious; the overall demand in the South China market has not yet fully emerged. The duration and extent of this price trend are currently under close observation. In the East and South China regions, the prices of products produced by Guangzhou Jiu Tai and Zhangjiagang Xinneng have seen a significant drop since January, with a decrease of 1100–1200 yuan per ton. The western region is located in a remote area, and poor transportation conditions hinder shipments; as a result, the decline this month was nearly 1,000 yuan per ton. Methanol prices have continued to fall this month, with the main decline in January reaching 1,000 yuan per ton. Weak downstream demand is the main factor behind its decline. Entering the latter part of the month, the decline in methanol prices slowed down significantly, while dimethyl ether continued to fall, but faced increasing cost pressures. Liquefied gas prices began to rise at the end of the month, but the duration and extent of this increase are currently of concern to manufacturers. Looking at the recent trend, the price gap between dimethyl ether and liquefied gas has been gradually narrowing due to various factors; it dropped from 800–900 yuan at the beginning of the month to 400–500 yuan as of recent days. With smaller profit margins, traders’ enthusiasm for making purchases has also decreased accordingly. As winter sets in, the ratio of dimethyl ether to liquefied gas significantly decreases, and market demand continues to shrink, while domestic production capacity keeps expanding rapidly in a reckless and uncontrolled manner. All companies have also suffered heavy losses in the battle to retain market share. The market is currently positive, with external pressures fading; manufacturers that were under maintenance are expected to resume operations at the beginning of next month. Meanwhile, signs of internal conflicts are emerging again. As a new industry, dimethyl ether is constantly faced with internal and external challenges, and it is difficult to establish an effective organizational structure for market regulation at present. Industry insiders, plagued by repeated issues, are also pessimistic about its future prospects. In the short term, there are no signs of an upward trend for methanol; costs related to dimethyl ether pose no immediate concerns. In the short term, it is likely to follow liquefied gas on an upward trajectory, although the degree of adjustment may be slightly less than that of liquefied gas.