Weak demand restricts the methanol market

In terms of spot goods, according to the monitoring data of business agency, the average price of domestic methanol in East China port market was 2404 yuan / ton on July 21, down 1.07% from the previous trading day. On the supply side, some major production enterprises have device maintenance, and some regions have limited production possibilities. From the demand side, the downstream just needs to purchase.

 

Azodicarbonamide (AC foaming Agent)

Region, Price

Qinghai region, No quotation at present

Shanxi region, 2360-2390 yuan / ton

Liaoning region, 2650 yuan / ton factory delivery

Fujian, The mainstream negotiation is 2430-2470 yuan / ton

Two lakes region, The negotiation of mainstream enterprises refers to about 2400-2430 yuan / ton

Anhui region, The negotiation of mainstream enterprises is about 2370-2500 yuan / ton

Henan Province, The shipping price of some enterprises is 2530 yuan / ton

In terms of futures, methanol fell in Zhengzhou Commodity Exchange. Ma2209 contract opened at 2442 yuan / ton, with the highest price of 2470 yuan / ton and the lowest price of 2406 yuan / ton. It closed at 2411 yuan / ton at the end of the day, down 24 yuan / ton from the closing of the previous trading day. As of the closing, ma2209 contract Holdings were 1.1044 million hands, a decrease of 12100 hands from the previous trading day.

 

povidone Iodine

In terms of external market, CFR Southeast Asia methanol market was 360.00-361.00 US dollars / ton, up 1 US dollar / ton. The closing price of the US Gulf methanol market was 111.50-112.00 cents / gallon, up 11.5 cents / gallon; The closing quotation of FOB Rotterdam methanol market was 350.50-351.00 euros / ton, up 3 euros / ton.

 

region ., country., Closing price, Up and down

Asia, CFR Southeast Asia, 360.00-361.00 USD / ton, 1 USD / ton

Europe and America, The Gulf of the United States, 111.50-112.00 cents / gallon, 11.5 cents / gallon

Europe, FOB Rotterdam, 350.50-351.00 euros / ton, 3 euros / ton

 

The high-level fluctuation in the crude oil market and the pull of device maintenance are difficult to match the demand side, and the short-term domestic methanol market is dominated by consolidation.

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