The Asian methanol market was not effectively talked about, and prices fluctuate slightly. The supply of the market was stable, the buyer received the general intention of receiving goods, the trading atmosphere was not prosperous, and the traders’ mentality was stable. The CIF price for methanol in Southeast Asia was US$369-371/tonne during the week, which was US$2/ton higher than a week ago; the CIF price for China's ports was US$362-363/ton, which was basically the same as a week ago; the European methanol market trading atmosphere The price is 315-317 Euro/ton/(Rotterdam European T2), which is 12 Euros/ton higher than a week ago; the US methanol market is increasing in demand, and the spot price of methanol is 118-120 cents/gallon (FD US Gulf, The contract was 393-400 U.S. dollars per tonne, up 3.5 cents/gallon from a week ago.
Last week, the atmosphere of the methanol market in East China was calm and the price was slightly higher. Downstream demand is relatively flat, end-users buy on-demand, the atmosphere is generally fair, ** the market rose to keep traders confidence, offer a moderate increase. The mainstream market price in the East China market was 2850-2960 yuan/ton during the weekend. Among them, the quoted price of mainstream cans for Jiangsu's methanol market is 2840-2860 yuan/ton; for Ningbo methanol market, the mainstream cans price is 2930-2960 yuan/ton.
Last week, the supply of the methanol market in Shandong was relatively loose, and the prices gradually declined. The market's stock supply gradually increased, the buyer's intention to accept goods weakened, the methanol manufacturers shipped poorly, the price gradually decreased, the mainstream ex-factory price was 2660-2840 yuan / ton. Among them, the inventory of methanol in the eastern and central regions of Shandong Province has increased, and the prices have fallen slightly. The mainstream ex-factory price is 2750-2840 yuan/ton; in southern Shandong, the sales of methanol manufacturers are slow, and the price is slowly falling. The mainstream price is 2660-2700 yuan/ton. The atmosphere of the methanol market in Anhui was stable and the price was sideways. The mainstream price was 2740-2800 yuan/ton.
Last week, the methanol market in South China was light and prices continued to be weak. The market lacked initiative to negotiate, the attitude of buyers to wait and see aggravated, the market supply side gradually loosened, traders shipped slowed down, the price was slightly reduced, the mainstream price in the 2840-2860 yuan / ton. Fujian's methanol market is operating steadily. Traders have low stocks and shipping. Prices are narrowly regulated. The mainstream price in the market is 2900-2920 yuan/ton.
Last week, the supply of the methanol market in Central China was stable, and the prices fluctuated within a narrow range. The main ex-factory price of methanol is 2650-2700 yuan/ton. Among them, methanol manufacturers in western Henan province have been slow to ship, and offer prices have fallen slightly. The mainstream factory price is 2650-2670 yuan/ton. Methanol manufacturers in the eastern and central regions have stable shipments with little price fluctuations. The mainstream price is 2660-2700 yuan/ton. The methanol market in the two lakes was relatively flat, with the Hunan region operating steadily with little price fluctuations. The mainstream prices were at RMB 2900-2950/ton; the supply and demand in Hubei was weak, and the prices were stable at RMB 2850-2880/ton.
Last week, the supply of methanol in the North China market was relatively loose, and high-end prices fell slightly. The mainstream ex-factory price is 2550-2780 yuan/ton. Downstream sluggish demand, users buy negative, making Shijiazhuang, Hebei methanol manufacturers slower shipments, prices continue to Yindie, the mainstream factory price in 2750-2780 yuan / ton. The methanol market in Shanxi is operating smoothly. The inventory of the manufacturers is under control and the sales are general. The quotation is stable. The mainstream price of methanol is 2550-2700 yuan/ton.
Last week, the methanol market in Northeast China was stable and prices fluctuate slightly. Insufficient start-up of local equipment, the market stock is not high, the downstream buyers are more active in the consultation, the methanol manufacturers shipped normal, the price change is not. The current mainstream offer is 2750-2780 yuan/ton. The amount of methanol sent from the field to Liaoning increased, buyers actively shipped, and the offer price dropped significantly. The mainstream quoted price was 2900-2950 yuan/ton.
A brief review of the market. Last week, the domestic methanol market oscillated weaker. The market supply side gradually loosened, the downstream demand was lack of bright spots, buyers received negative goods, and the trading atmosphere was relatively light. Due to the gradual restoration of production of some of the methanol plants in the domestic pre-maintenance phase, together with the commissioning of some newly-built plants, the on-hand supply will increase accordingly. If downstream demand cannot grow in tandem, the market is under pressure to shake the market.
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