Methanol market met the “winter” in the short term is easy or hard up

[comment] Gade chemical network chemical industry this year, methanol prices staged a roller coaster, from the beginning of 1900 yuan / ton near the highs of May soared to 2600 yuan / ton, then all the way down to 1900 yuan / ton. Since July, the spot price of methanol, also suffered a “Waterloo”, let the market feel the industry “winter” is coming.

Internationally, CFR Southeast Asia methanol closing price: US $257.00-259.00 / ton, compared with the previous trading day down 1 U.S. dollars / ton. America Bay methanol spot prices around 89.25-89.75 cents / gallon, compared with the previous trading day up 3 cents a gallon. CFR China main port methanol closing price: US $230.00-232.00 / ton, compared with the previous trading day down 1 U.S. dollars / ton. FOB Rotterdam methanol closing price of around 250.5-251.5 euros / ton, compared with the previous trading day stability.

China, September 30th, Shandong Yankuang Group methanol price increase 20 yuan / ton to 1930 yuan / ton. Lu Nissan 600 tons, most of their own, in the coke stable, normal operation of macro device. Shandong Linyi Hengchang coking methanol factory price increase 20 yuan / ton to 1980 yuan / ton, the methanol 150000 tons Nissan 450 tons of coke oven gas device at present. Shandong alliance methanol factory price stable at 1950 yuan / ton, 750000 tons of coal methanol plant Nissan in more than 1000 tons. Shanxi Jin Feng methanol acceptance offer down 20 yuan / ton to 1780 yuan / ton, the Nissan 150 tons of methanol plant. Shandong Mingshui chemical methanol factory price stable at 1970 yuan / ton, the actual negotiations, a total of 350000 tons / year methanol plant Nissan 800 tons.

For the four quarter of the market, the majority of the industry is still relatively pessimistic, whether the traditional industry is still an emerging industry, there is currently no see demand highlights. In their view, the short-term market of methanol is easy or hard up. Because of the poor performance of traditional downstream industry of methanol, methanol supply incremental part of the time the year depends on the consumption of olefin enterprises. The domestic methanol market some time the market needs of olefin plant operation, launched a new olefin project feeding time and maintenance of olefin plant will determine the regional market trend.

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