The domestic methanol spot market has been rising slowly in recent years. According to the monitoring of the business society, as of April 14, the average price of domestic methanol production enterprises in Shandong Province was 2370 yuan / ton, with the price falling 3.27% on a month basis, up 32.40% year on year. Some northwest production enterprises are in low inventory and the available goods source is really limited, and the price keeps rising. The production enterprises in inland areas keep up, but the price increases generally.
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As of 4.14 summary of methanol market prices in various regions:
Region, price
Cash exchange of RMB 1920-1980 / ton plant in Qinghai
Cash exchange of 2090-2120 yuan / ton plant in Shanxi Province
RMB 2280-2330 / ton factory delivery in Liaoning
Tax bearing tank around 2620-2630 yuan / ton in Fujian
Factory reference: 2310-2360 yuan / ton factory cash exchange in Lianghu area
Acceptance of 2300-2340 yuan / ton plant in Anhui Province
Cash exchange of 2215-2240 yuan / ton plant in Henan Province
Downstream, formaldehyde market overall decline, enterprises generally ship. The market price of DME has stabilized, with some small increases, and the trading atmosphere is weaker than that in the early stage. MTBE market continued to rise, up 50-300 yuan / ton. The regional rise of domestic acetic acid market, the market supply continued to be tight, the manufacturer quoted low-end inflation mainly, the overall price maintained high-end strong.
In terms of external market, as of April 13, CFR China methanol closed at US $290.00-291.00/t; CFR Southeast Asia methanol 369.50-370.50 USD / ton. Methanol in the US Gulf closed at 120.00-121.00 cents / gallon; FOB Rotterdam closed at 320.00-321.00 euros / ton, down 4 euros / ton.
Region, country, closing price, rise and fall
Asia CFR China $290.00-291.00 / T US $0 / T
Asia CFR Southeast Asia 363.50-364.50 USD / T US $0 / T
US Gulf 120.00-121.00 cents / gallon 0 cents / gallon
European FOB Rotterdam 320.00-321.00 euro / T-4 euro / T
In the future market, except for the planned maintenance of scattered units such as Northwest energy, most of the devices are stable in operation, and with the planned restoration of some units such as Jiutai and Xinao, the supply in the mainland tends to increase. In addition, imports are expected to increase in April. The methanol analyst of business agency expects that the market of methanol in China will be sorted out in the short term.
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