The domestic methanol market rose weakly and fluctuated in a narrow range this week. Although the rebound of crude oil in the first half of the week made methanol futures rise synchronously and break through 2800 yuan / ton in the session, the rising supply made the industry generally have low expectations for the future market. At the beginning of the week, the ex factory offer of the main production enterprises in the main production area increased, but the spot gas buying is general, the demand is mainly about how long, the overall shipment is general, and the downstream receiving price is also difficult to push up.
| Melamine |
According to the monitoring data of business agency, from May 13 to 20, the average price of domestic methanol production enterprises increased from 2642 yuan / ton to 2665 yuan / ton, with a price increase of 0.85% during the cycle, a price decrease of 6.08% month on month and a year-on-year decrease of 2.20%.
As of the noon of May 23, methanol futures in Zhengzhou Commodity Exchange had a weak shock. Ma2209 contract opened at 2743 yuan / ton, with the highest price of 2823 yuan / ton and the lowest price of 2735 yuan / ton. It closed at 2775 yuan / ton, up 49 yuan / ton compared with the previous trading day and 872900 positions at noon.
Summary of methanol market prices in various regions as of May 20:
Region, Price
Qinghai region, No quotation
Shanxi Province, 2510 yuan / ton
Liaoning Province, 2740 yuan / ton to cash exchange
Fujian Province, 2810-2850 yuan / ton
Two lakes region, About 2750-2800 yuan / ton
Anhui Province, About 2780 yuan / ton
Henan Province, 2610 yuan / ton
The profits of methanol industry chain decreased except dimethyl ether and acetic acid. Due to the sharp decline in the price of formaldehyde, the loss expanded again; The price of dimethyl ether and acetic acid is strong, while the price of raw methanol is weak, which improves its profit; MTBE is affected by the strong price of C4, resulting in a significant return of profits; The profit of methane chloride narrowed mainly due to the decline of its own price; Olefin monomers entered a loss again, mainly due to the sharp decline in the external price of ethylene monomers.
| Benzalkonium chloride |
Comparison chart of price trend of coal / steam coal (upstream raw material) – methanol in shanghaishe:
Comparison chart of natural gas (upstream raw material) – methanol price trend of business community:
In terms of external trading, as of the closing on May 20, the closing price of CFR Southeast Asia methanol market was US $408.50-409.5/ton, down US $9 / ton. The closing price of the US Gulf methanol market was 96.50-97.00 cents / gallon, down 2 cents / gallon; The closing price of FOB Rotterdam methanol market was 365.00-365.50 euros / ton, up 0.25 euros / ton.
region ., country., Closing price, Rise and fall
Asia, CFR Southeast Asia, 408.50-409.5 USD / ton, – $9 / ton
Europe and America, The Gulf of the United States, 96.50-97.00 cents / gallon, – 2 cents / gallon
Europe, FOB Rotterdam, 365.00-365.50 euros / ton ., 0.25 euro / ton
The supply is relatively abundant, and the marginal demand is expected to improve. Methanol analysts of business society expect that the domestic methanol market may be sorted out in the short term.
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