This week, the domestic methanol spot market fell sharply and remained high overall. This is mainly because the northwest takes out methanol, but the sales are general, the enterprise inventory increases, the Underground Tour in Shandong and so on, and the enthusiasm for receiving goods is not high. According to the monitoring data of business agency, from October 15 to 22, the average price of domestic methanol production enterprises in Shandong fell from 4480 yuan / ton to 3825 yuan / ton. During the cycle, the price fell 14.26%, the price rose 21.43% month on month and 97.93% year-on-year.

The methanol market fell sharply and the transaction was poor. After the sharp reduction of the factories in the main production area, the transaction was general, the local second adjustment soon appeared, and the terminal receiving price in northern Shandong was also reduced as scheduled. With the sharp decline of futures, mainland regions also began to follow the downward trend.

Summary of methanol market prices in various regions as of October 22:

Region, price

Qinghai region 3500 yuan / ton factory withdrawal cash exchange

Shanxi region 3500-3510 yuan / ton factory withdrawal cash exchange

Liaoning region 4150-4200 yuan / ton delivered to the plant

Fujian region RMB 3400-3450 / T ex warehouse spot exchange

Lianghu area The actual delivery refers to 3500-3600 yuan / ton, and the factory withdraws cash exchange

Anhui region 3600-3650 yuan / ton factory acceptance

Henan region Refer to 3700 yuan / ton factory withdrawal cash exchange

The prices of products in the methanol industry chain are mixed, the coal price of methanol upstream products is rising sharply, the price of natural gas is stable, and the cost of methanol is strongly supported; Among downstream products, the price of methane chloride in Shandong increased the most; Among related products, the price of urea in Shandong increased the most.

Comparison chart of coal / steam coal (upstream raw material) – methanol price trend of business community:

Comparison chart of natural gas (upstream raw material) – methanol price trend of business community:

In terms of external market, as of the closing on October 21, the closing price of CFR Southeast Asia methanol market was US $540.00-541.00/t, down US $1 / T. US Gulf methanol market closed at 146.00-147.00 cents / gallon, down 2 cents / gallon; The closing price of FOB Rotterdam methanol market was 442.00-443.00 euros / ton, down 8.25 euros / ton.

region ., Country, closing price, up and down

Asia CFR Southeast Asia 540.00-541.00 USD / ton – USD 1 / ton

Europe and America American Gulf 146.00-147.00 cents / gallon 0 cents / gallon

Europe FOB Rotterdam 442.00-443.00 euros / ton – 8.25 euro / ton

If coal prices stop falling, methanol cost support is still obvious. Methanol analysts of business society expect that the domestic methanol market will be mainly sorted out in the short term.