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Saudi Tadawul Group signs deal to acquire stake in DME Holdings

Guangzhou (JLC), January 23, 2024 – Saudi Tadawul Group (STG) has recently signed a binding agreement with DME Holdings Limited and its existing shareholders to acquire a 32.6% stake in DME Holdings.

01-23-2024 18:45:28

PetroChina Jilin Petrochemical delivers first batch of DMA fuel

PetroChina Jilin Petrochemical’s first batch of DMA fuel oil has all arrived at Bayuquan port of Liaoning province on August 12, marking an important step to the expansion to new fuel oil market.

08-23-2022 19:10:14

INE solicits opinions on amendment to LSFO futures

Guangzhou (JLC), August 24, 2021--China’s Shanghai International Energy Exchange (INE) released an announcement on August 20 to solicit opinions on a modification to low-sulfur fuel oil (LSFO) futures contract and the delivery rules.

08-24-2021 19:18:58

Amendment to crude import supervision saves money for importers

Chinese crude importers have saved both time and costs since they have been allowed to unload their cargoes before laboratory test for quality as from October 1.

11-12-2020 15:51:10

New DMTO unit startup to add C4 supply in NW China

Beijing (JLC), October 10, 2020--Shaanxi Yanchang China Coal Yulin Energy & Chemical (Yanchang Yulin) will start production at its 600,000 mt/yr DMTO unit at the end of October, expected to boost C4 supply in northwest China.

10-10-2020 15:13:50

China's DME market feels impact of coronavirus outbreak

Beijing (JLC), February 5, 2020--China's dimethyl ether (DME) market is struggling with weak supply and muted demand, as the impact of the coronavirus breakout continues to spread.

02-05-2020 18:15:51

DME prices move in narrow range in August

Beijing (JLC), September 9, 2019--Domestic dimethyl ether (DME) prices moved in a narrow range of CNY2,900-3,100/mt in August, JLC data shows, when the supply was resuming, the demand was not strong and liquefied petroleum gas (LPG) prices recorded narrow fluctuations.

09-09-2019 17:54:41

DME prices low on weak demand

Beijing (JLC), August 28, 2019--Dimethyl ether (DME) prices remained low at CNY2,900-3,100/mt in August, mainly due to weak demand.

08-28-2019 16:54:39

Domestic DME prices rebound on higher costs

Beijing (JLC), August 20, 2019--Domestic dimethyl ether (DME) prices rebounded in early August, mainly because the price of methanol, a feedstock for DME production, increased on lower supply.

08-20-2019 13:39:54

BASF, Lutianhua plan to co-develop new DME production plant

Beijing (JLC), June 20, 2019--BASF and Sichuan Lutianhua Co., Ltd. signed a Memorandum of Understanding (MOU) on June 18 to co-develop a pilot dimethyl ether (DME) production plant, China Chemical Industry News reported.

06-20-2019 17:46:16

China's DME producers see narrowing profits

Beijing (JLC), May 23, 2019--China's dimethyl ether (DME) producers are seeing narrowing profits, JLC data shows.

05-23-2019 11:51:41

China's DME risks downtrend on weak demand

Beijing (JLC), April 17, 2019--China's dimethyl ether (DME) prices have risen overall on tighter supply so far in April, compared with sharp fluctuations in March. But it may turn to a buyer's market amid muted demand, JLC analysts said.

04-17-2019 17:02:23

DME prices remain range-bound in Q1 2019

Beijing (JLC), April 10, 2019--DME prices ranged between CNY3,600-3,800/mt in the first quarter of 2019, little changed from CNY3,700-4,800/mt in the same period of 2018.

04-10-2019 17:15:51

DME prices to be weak on soft demand

Beijing (JLC), March 12, 2019--Dimethyl ether (DME) prices might remain weak with downstream users finishing restocking.

03-12-2019 17:43:24

DME prices to remain weak amid maintenance

Many dimethyl ether (DME) producers in North China carried out maintenance recently, lowering the market supply by around 30% or 2,200 mt per day, company sources said. However, the DME prices are not likely to rise amid weak demand with warming weather

03-07-2019 15:09:19

DME prices to fall on oversupply

Beijing (JLC), January 17, 2019--Dimethyl ether prices are likely to move down in the short run, due to weak demand and rising supply.

01-17-2019 17:28:16

DME prices to rise in Jan, 19

Beijing (JLC), January 9, 2019--Dimethyl ether prices might grow in January, 2019 because of tight supply, JLC learnt.

01-09-2019 16:24:17

DME prices fall amid bearish factors

Beijing (JLC), December 19, 2018--Dimethyl ether prices fell by CNY300-400/mt ($43.50-58.00/mt) during December 15-17, as individual refiners stepped up annual sales targets and Shandong Yuhuang Jinyu Chemical resumed production.

12-19-2018 17:20:24

DME prices rise despite weak crude market

China domestic dimethyl ether (DME) market saw an uptrend this week, with prices gaining up to CNY200-300/mt, JLC data shows

11-21-2018 17:50:54

DME prices to fall amid bearish factors

Beijing (JLC), November 14, 2018--Dimethyl ether (DME) prices are expected to extend drops, chiefly due to soft demand.

11-14-2018 17:12:13

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