According to the monitoring of the business community, the domestic methanol market was operating at a low level. From December 12 to 19 (as of 15:00 p.m.), the average price of East China ports in the domestic methanol market fell from 2690 yuan/ton to 2633 yuan/ton. During the cycle, the price fell by 2.11%, 7.22% month on month and 3.03% year on year. The main reason is supply and demand. In terms of supply, most production enterprises focus on de stocking, and traditional downstream enterprises also have early parking performance, resulting in weak overall demand performance.
| Sulfamic acid |
As of the closing of December 19, methanol futures in Zhengzhou Commodity Exchange fell. The main methanol futures contract 2305 opened at 2610 yuan/ton, the highest price was 2632 yuan/ton, the lowest price was 2562 yuan/ton, and it closed at 2571 yuan/ton, down 43, or 1.64%, from the previous trading day. The trading volume was 1273897, the position was 976993, and the daily increase was 91518.
As of 12.19, the summary of methanol market prices in various regions:
Region./Price
Shanxi Province./2300 yuan/ton ex factory
Liaoning Province./2400-2420 yuan/ton or so
Anhui Province./2520-2620 yuan/ton or so
Henan Province./2370-2380 yuan/ton
In terms of cost, raw coal: the situation of epidemic prevention and control in the main production areas has improved slightly, and the supply of coal has rebounded. In the short term, due to the impact of cold air, the daily consumption of the power plant rebounds, and the demand for coal increases. However, with the support of long-term coal cooperation, the market coal procurement is limited, and the coal price is expected to operate weakly and stably. The cost of methanol is favorable.
Demand side, downstream dimethyl ether: Chongqing Wanlilai plant is planned to stop, and the demand for dimethyl ether may decrease; Downstream acetic acid: Celanese plans to start up, and the demand for acetic acid may increase; Downstream formaldehyde: Shandong Lianyi Plant reduced its load, Zibo Diancun Plant stopped, and the demand for formaldehyde may decrease; Downstream MTBE: Some overhaul plants are planned to start, and MTBE demand may increase. Methanol demand is mixed.
On the supply side, the overall recovery volume was greater than the maintenance volume, the capacity utilization rate increased, and the methanol supply side was negative.
In terms of external market, as of December 16, the closing price of CFR Southeast Asia methanol market was 364.00-365.00 dollars/ton, up 2 dollars/ton. The US Gulf methanol market closed at 102.75-103.75 cents/gallon, up 2 cents/ton; FOB Rotterdam methanol market closed at 318.00-319.00 euros/ton, up 0.5 euros/ton.
Region./Country./Closing price./Up and down
Asia./CFR Southeast Asia./364.00-365.00 USD/ton./2 USD/ton
Europe and America./American Gulf./102.75-103.75 cents/gallon./2 cents/gallon
Europe./FOB Rotterdam./318.00-319.00 euro/ton./0.5 euro/ton
The future forecast shows that the cost side of methanol is supported, and the demand side of the supply side is mixed. Methanol analysts from the business community predict that the domestic methanol market may be dominated by shocks.
| http://www.sulfamic-acid.com |