Methanol price index chart
On July 12, the methanol market price index was 2216.26, down 0.03 from yesterday.
Summary of today's market price
External disk dynamics:
Methanol close on July 11:
China's CFR 298-305 US dollars / ton, up 8 US dollars / ton;
United States FOB 106-107 cents/gallon, flat;
Southeast Asia 355-356 US dollars / ton, up 2 US dollars / ton;
European FOB 319.75-320.75 euros/ton, down 3 euros/ton.
Today's Price Summary:
Guanzhong: 2240-2300 (0), North Line: 2130-2150 (0), Lunan: 2435-2400 (0), Henan: 2360-2370 (5), Shanxi: 2215-2320 (0), Port: 2550-2565 (0)
Freight:
North Line - Lubei 240-290 (0/0), North Line - Lunan 300-330 (0/0), South Line - Lubei 240-270 (-15/-10), Guanzhong - Lunan 140-180 (0/0)
spot market
Today, the market price of methanol has been adjusted in a narrow range, and the quotations of most mainland enterprises are running firmly under the support of little inventory pressure, and the enthusiasm of downstream operators to enter the market to replenish stocks is acceptable. Specifically, the market price in the main producing areas is adjusted in a narrow range, the southern line quotation is around 2150 yuan/ton, the low end is stable, and the northern line quotation is around 2130-2150 yuan/ton, the inventory pressure of manufacturers in the region is not large, and the market price remains high. The market price in Shandong, the main consumption area, is temporarily stable, Lunan is 2435-2440 yuan/ton, the low-end is stable, Lubei is 2410-2430 yuan/ton, and most of the downstream raw material inventory is high, and the procurement enthusiasm is not good. The market quotation in North China is adjusted in a narrow range, and the price in Hebei today is 2330-2360 yuan/ton, which is low-end and stable, and the downstream market replenishment enthusiasm is acceptable, and the market transaction atmosphere is average; Shanxi today's price is 2215-2320 yuan/ton, maintaining yesterday, the overall supply pressure in the region is not large, the market atmosphere has been boosted, and the manufacturer's quotation has been raised in a narrow range.
Port Market
Today, methanol futures fluctuated in a narrow range. On-demand purchases within the month. Forward arbitrage trading is the mainstay, and the basis of futures and spot is stable; The end of the buying gas turned better. The monthly price difference narrowed, and the overall transaction was light throughout the day. Transaction price of Taicang main port: 7 transactions: 2550, basis 09-20; 7 transactions: 2565, basis 09-8; 8 transactions: 2585-2590, basis 09+15.
Forecast for the future
Recently, the start of construction in the mainland has been lowered compared with the previous period, and the overall shipment of methanol enterprises is smooth, the factory inventory remains low, and the support of the manufacturer's shipment pressure is not obvious, and the later Changqing, Xiaoyi Pengfei, Huayu and other devices have maintenance plans, and the supply side is good and the support is obvious, but considering the current terminal downstream market demand performance is average, affected by seasonal factors, it is difficult to see a significant improvement in the terminal downstream industry, and the current olefin industry starts to maintain a relatively low level, and the short-term demand side is difficult to improve significantly. At present, there is still some good support on the short-term supply side, but the weakness of terminal demand is still the main factor inhibiting the rise in methanol prices.
Recent plant operation