The domestic methanol market fluctuated in a narrow range. According to the price monitoring of the business agency, the domestic methanol market price was 1657 yuan / ton at the beginning of the week, and 1652 yuan / ton at the weekend, with a decrease of 0.30% during the week. The price was 2.64% higher than that of the same period last month, and the price was 21.53% lower than that of the same period last year.
| Sulfamic acid 99.80% |
This week, due to the centralized maintenance of domestic units, the low start-up load of enterprises, and the continuous unexpected shutdown of overseas units, the domestic methanol market price continued to rise; in the later part of the week, with the port inventory accumulating again, there was no hope of alleviating the high inventory problem, and the market’s pursuit of rising mentality fell back, and the overall purchasing gas was insufficient. In terms of demand, the traditional downstream gradually recovered, but it was still lower than the same period last year. Under the profit driven, the overall olefin operating level was at a high level, and there was no room for further growth. In addition, the inventory of some downstream enterprises was relatively high, limiting the growth of methanol demand.
In terms of industrial chain, formaldehyde: this week, the domestic formaldehyde market was in a horizontal order. At the beginning of the week, the strong upward trend of raw material surface was obvious, and gradually turned weak in the middle of the week. Domestic downstream terminals are mostly affected by rain and high temperature, and the start-up continues to tighten, so the demand for formaldehyde is correspondingly weakened, and most of them are rigid demand. In this context, formaldehyde production enterprises are under pressure, and formaldehyde factories basically rely on fixed terminal demand to maintain shipment. Next week, the formaldehyde industry in Shandong ushered in the national environmental protection supervision, and the wood industry was affected by this, and the start of work will be further weakened, so the demand for formaldehyde is not optimistic.
Acetic acid: this week, the domestic acetic acid market continued to rise after the end of the trend of stable operation. The early maintenance manufacturers resumed normal operation, and the market supply gradually increased. Although the northwest manufacturers failed during the weekend, the market supply still showed a significant increase trend under the normal operation of the mainstream manufacturers in East China, which eased the tight supply situation in the acetic acid Market and passively stabilized the supplier’s offer price. The production enterprises mainly deliver orders in the early stage. At present, the inventory quantity is low, and the offer is strong. However, the traders have sufficient stock in the early stage. In the face of the bearish sentiment in the later stage, they actively offer to seek a deal. The self raised price negotiation in the East China market is slightly preferential.
| sulphamic acid |
Dimethyl ether: the domestic dimethyl ether price has increased steadily this week, and the transaction situation has improved appropriately. Due to the low price of dimethyl ether in the early stage, most enterprises are in a loss situation, which leads to some enterprises to carry out maintenance. The price of mainstream enterprises in Henan Province increased by about 110 yuan / ton this week, and some enterprises limited their sales. The situation of price rise gradually spread to the surrounding provinces and cities.
In the later stage, port inventory will accumulate again, and high inventory will continue to suppress methanol price; in the early stage, some maintenance devices have been resumed and restarted, and the supply side is expected to increase in the near future; the inventory of some downstream enterprises is on the high side, and the downstream market is weak to catch up with the high price, and the overall transaction atmosphere turns weak. Methanol analysts of business community predict that the domestic methanol market is likely to decline in the short term.
| Sulfamic acid |