The recent weakness of the domestic methanol market is mainly due to the low demand and general trading atmosphere. At the same time, the supply is relatively abundant, and the contradiction between supply and demand is still an important factor restricting the development of the methanol market. The short-term methanol market or the weak situation is dominated.
| PVA |
According to the monitoring data of the business community, the average price of East China ports in the domestic methanol market fell from 2824 yuan/ton to 2799 yuan/ton from November 8 to 15. During the cycle, the price fell 0.88%, 2.21% month on month and 7.92% year on year.
According to the monitoring data of the business community, the average price of domestic methanol production enterprises fell from 2900 yuan/ton to 2823 yuan/ton from November 8 to 15. During the cycle, the price fell by 2.64%, 4.27% month on month and 7.13% year on year.
As of the closing on November 15, methanol in Zhengzhou Commodity Exchange rose in shock. The main methanol futures contract 2301 opened at 2565 yuan/ton, the highest price was 2610 yuan/ton, the lowest price was 2551 yuan/ton, and the closing price was 2594 yuan/ton, up 32, or 1.25%, from the previous trading day. The trading volume was 1580449 hands, the position volume was 1012052 hands, and the daily increase was 29629 hands.
As of 11.15, the summary of methanol market prices in various regions:
Region, price
Shanxi, 2570-2600 yuan/ton
Liaoning, about 2700 yuan/ton
In the two lakes region, about 2850-2870 yuan/ton
Henan Province, 2820 yuan/ton
The price of products in the methanol industry chain rose and fell, the price of natural gas in the upstream of methanol was stable, the price of coal fell, and the cost of methanol was generally supported; In the downstream products, the price of methane chloride in Shandong Province dropped the most.
In terms of external market, as of the closing on November 14, the closing price of CFR Southeast Asia methanol market was USD 364.50-365.50/ton. US Gulf Methanol Market closed at 96.75-97.75 cents/gallon; FOB Rotterdam methanol market closed at 323.25-324.25 euros/ton, down 2.75 euros/ton.
Region, country, closing price, up and down
Asia, CFR Southeast Asia, 364.50-365.50 USD/ton, 0 USD/ton
Europe, America, Gulf of America, 96.75-97.75 cents/gallon, 0 cents/gallon
Europe, FOB Rotterdam, 323.25-324.25 euros/ton, -2.75 euros/ton
There is abundant supply and little change in demand. The transportation in some areas is not smooth. Methanol analysts of the business community predict that the domestic methanol market may be dominated by weak ones.
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