In recent years, the domestic methanol market continued to rise, some manufacturers increased the ex factory quotation, the price adjustment range was about 50-80 yuan / ton. According to the monitoring data of business agency, as of December 21, the average price of methanol producers in Shandong was 2290 yuan / ton, with a month on month increase of 8.15% and a year-on-year increase of 9.57%.

As of December 21, summary of methanol market prices in various regions:

Region, price

Qinghai Area/

RMB 2100-2140 / T in Shanxi

RMB 2200 / T in Liaoning

2600-2610 yuan / ton in Fujian Province

The factory reference of Lianghu area is 2300-2460 yuan / ton

2345-2400 yuan / T acceptance delivery in Anhui

Henan Province factory reference 2230-2250 yuan / ton

At present, the market price of methanol in Northwest China continues to rise, some enterprises can ship temporarily, and the freight is still firm. The price of receiving goods in the lower reaches of Shandong province keeps up with the increase, and the profits of traders are still remaining, mainly pursuing the rise. The market of formaldehyde and dimethyl ether in the downstream rose, which was good to pull. The decline of acetic acid and MTBE slowed down, and the persistence was excessive, which had little impact on the methanol market in the short term.

In the external market, as of December 18, the closing price of methanol in the US Gulf was 117.75-118.25 cents / gallon, while that in Rotterdam on FOB was 340.00-341.00 euro / ton, up 0.5 euro / ton. CFR China’s methanol closed at US $300.50-301.50/t, up US $10 / T; CFR Southeast Asia’s methanol closed at US $350.50-351.50/t, up US $21 / T.

From the perspective of the future market, on the positive side, some enterprises in Southwest China have shut down or reduced production load; some enterprises have stopped selling or restricted sales, and the supply side has been tightened; the trend of coal and natural gas is stronger, and the methanol cost side is better supported. In the late stage, the demand of low-temperature olefin plants in Ningbo is still lower than that of low-temperature plants, and the overall demand of low-temperature olefin plants in Ningbo is still lower than that of other downstream companies, and the overall demand of low-temperature olefin plants in Ningbo is still weak. Analysts predict the short-term methanol market.