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Morning Market Insights for Dimethyl Ether

Published on 2026-10-20

I. Key Points

  1. ICE Brent crude futures (December contract) closed at USD 109.55/bbl, down USD 0.31/bbl (-0.28% WoW).
  2. Feedstock methanol prices remained stable in major production regions.

Core Logic: Weakness on both supply and demand sides

Product Region Previous Period Current Period Change (%)
Dimethyl Ether (DME) Shandong 5,800 5,800 0.00%
Dimethyl Ether (DME) Henan 5,700 5,700 0.00%
Dimethyl Ether (DME) Southwest China 5,200 5,200 0.00%
Dimethyl Ether (DME) Northwest China 4,800 4,800 0.00%
Notes: 1. DME prices are quoted in RMB, unit: RMB/ton; 2. All RMB prices above are ex-works cash-inclusive tax-inclusive prices; 3. Prices refer to point-in-time values from the two preceding working weeks, not weekly averages; 4. Change rate refers to week-over-week percentage change.

III. Market Outlook

Today’s DME market operated steadily. Supply was generally moderate, with most plants maintaining low operating rates and focusing on depleting their own inventories. Downstream buyers primarily purchased based on immediate needs. Chempricehub forecasts that the DME market will continue to trade within a narrow range in the short term.

Data Item Release Date Previous Period Data Current Period Trend Forecast
Weekly DME Production Thursday 16:00 PM 7,300 tons ↓
Weekly DME Operating Rate Thursday 16:00 PM 4.80% ↓
Notes: 1. ↑↓ indicates significant fluctuation, highlighting data dimensions with changes exceeding 3%; 2. ↗↘ indicates minor fluctuation, highlighting data dimensions with changes within 0–3%.

Comments

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  • Yuki Tanaka 2026-10-20 10:01
    With methanol feedstock stable and DME capacity utilization low, prices are stuck in a narrow range. Downstream demand remains cautious, limiting margin expansion. I expect this sideways trend to persist until supply-dem..
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