This week, the domestic methanol market was depressed and sorted out, and the mainland transactions were heavy again, while the coastal market performed generally. Under the background of stable cost support, replenishment demand and mainland rigid demand, the volume of transactions in the main production areas is large; The terminal receiving price is subject to high inventory and general price performance.
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According to the monitoring data of the business agency, from June 24 to July 1, the average price of domestic methanol production enterprises fell from 2655 yuan / ton to 2620 yuan / ton, with a decrease of 1.32% in the cycle, a rise of 0.10% month on month and a year-on-year increase of 2.54%.
As of the close on July 1, methanol futures in Zhengzhou Commodity Exchange were weak and volatile. Ma2209 contract opened at 2636 yuan / ton, with the highest price of 2640 yuan / ton and the lowest price of 2533 yuan / ton. It closed at 2553 yuan / ton at the end of the trading day, down 83 yuan / ton from the closing of the previous trading day. As of the closing, ma2209 contract positions were 1121100 hands, an increase of 104500 hands from the previous trading day.
As of 7.1, the summary of methanol market prices in various regions:
Region, Price
Qinghai region, No quotation at present
Shanxi region, The mainstream ranges from 2410-2470 yuan / ton
Liaoning region, 2680 yuan / ton to cash exchange
Fujian, The mainstream negotiation is 2570-2650 yuan / ton
Two lakes region, Mainstream enterprises negotiate for reference, about 2590-2650 yuan / ton
Anhui region, The mainstream negotiation is about 2620-2680 yuan / ton
Henan Province, 2600 yuan / ton
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The profit performance of methanol industrial chain is acceptable. At the upstream end, the high price of coal fell, and the price of methanol was slightly stuck, making the loss of coal alcohol slightly narrowed; The price of natural gas remained stable, as the average price of methanol in Sichuan and Chongqing fell, resulting in the profit repatriation of gas alcohol. Downstream, the focus of overall commodity prices fell, and most products with improved profits fell less than raw materials, and vice versa.
In the external market, as of the close on July 1, CFR Southeast Asia methanol market closed at $372.00-373.00/t, down $2 / T. The closing price of the US Gulf methanol market was 96.50-97.00 cents / gallon, down 1 cent / gallon; The closing quotation of FOB Rotterdam methanol market was 353.50-354.00 euros / ton, down 10 euros / ton.
region ., country., Closing price, Up and down
Asia, CFR Southeast Asia, 372.00-373.00 USD / ton, – 2 dollars / ton
Europe and America, The Gulf of the United States, 96.50-97.00 cents / gallon, – 1 cent / gallon
Europe, FOB Rotterdam ., 353.50-354.00 euros / ton, – 10 euros / ton
The production cost of methanol may not change much, and the demand adjustment may be limited. Methanol analysts of the business club expect that the domestic methanol market will be mainly sorted out in the short term.
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