Weekly Outlook for the Dimethyl Ether (DME) Market

I. Key Focus Points

1. ICE Brent crude oil futures (December contract) rose by USD 0.44/barrel to USD 104.72, a quarter-over-quarter increase of +0.42%.
2. Feedstock methanol prices remained stable in major production regions.

Core Logic: Weakness on both the supply and demand sides.

Notes:

1. DME prices are quoted in RMB, unit: CNY/ton.
2. All RMB prices in the table above are ex-factory cash-in-advance prices inclusive of VAT.
3. The "Previous" and "Current" period prices refer to spot prices from the two working weeks prior to this week, not weekly averages.
4. The change rate represents the quarter-over-quarter percentage change.

III. Market Outlook

The morning session saw the DME market operating with slight strength. Major production regions passively followed cost-driven price increases to maintain continuity. After catching up on price hikes, market inquiries were lackluster, while downstream customers maintained purchasing based on rigid demand. In Chongqing, factories held prices steady within the week amidst efforts to ensure livelihood stability, with shipments proceeding in an orderly manner. Chempricehub anticipates that the DME market will likely trend slightly stronger with consolidation in the short term.

Notes:

1. ↑↓ indicates significant fluctuation, highlighting data dimensions where changes exceed 3%.
2. ↗↘ indicates narrow-range fluctuation, highlighting data dimensions where changes are within 0–3%.