This week, the domestic methanol market was depressed and the decline slowed down. The receiving price in northern Shandong, the main end market, is down synchronously, and the inventory of raw materials in local downstream factories is high, causing serious vehicle crushing.
According to the monitoring data of business agency, from July 11 to 18, the average price of domestic methanol market fell from 2630 yuan / ton to 2560 yuan / ton, with the price falling by 2.66% during the cycle, and the price fell by 5.62% month on month, with a year-on-year increase of 0.59%.
As of the close of July 118, methanol rose sharply in Zhengzhou Commodity Exchange. Ma2209 contract opened at 2324 yuan / ton, with the highest price of 2398 yuan / ton and the lowest price of 2303 yuan / ton. It closed at 2394 yuan / ton at the end of the trading day, up 93 yuan / ton from the closing of the previous trading day. As of the closing, ma2209 contract position was 1123400 hands, down 93400 hands from the previous trading day.
As of July 18, the summary of methanol market prices in various regions:
Qinghai region, No quotation at present
Shanxi region, 2330-2370 yuan / ton
Liaoning region, 2630-2640 yuan / ton to cash exchange
Fujian, 2400-2450 yuan / ton, cash exchange nearby
Two lakes region, Negotiation reference: about 2380-2430 yuan / ton
Anhui region, Transaction range refers to 2480-2550 yuan / ton factory acceptance
Henan Province, The shipping price is 2500 yuan / ton
The price of products in the methanol industrial chain fell steadily, the price of natural gas in the upstream of methanol was stable, the price of coal fell narrowly, and the cost support of methanol weakened; Among downstream products, Shandong methane chloride price fell the most; Among related products, the price of urea in Shandong fell the most.
In terms of external market, as of the closing on July 15, CFR Southeast Asia methanol market was $360.00-361.00 / ton. The closing price of US Gulf methanol market is 100.00-100.50 cents / gallon; The closing quotation of FOB Rotterdam methanol market was 344.50-345.00 euros / ton, down 1 euro / ton.
region ., country., Closing price, Up and down
Asia, CFR Southeast Asia ., 360.00-361.00 USD / ton, – 1 USD / ton
Europe and America, The Gulf of the United States, 100.00-100.50 cents / gallon, 0 cents / gallon
Europe, FOB Rotterdam ., 344.50-345.00 euros / ton, – 1 euro / ton
The production cost of methanol may be weakened, the supply of methanol will not be reduced, and the downstream rigid demand will prevail. Methanol analysts at business club predict that in the short term, the domestic methanol market may still decline at a low level.