Methanol price index chart
On July 31, the methanol market price index was 2171.34, down 18.36 from yesterday, a decrease of 0.84% from the previous month.
Summary of today's market price
External disk dynamics:
Methanol close on July 30:
China's CFR 288-291 US dollars / ton, down 4 US dollars / ton;
United States FOB 102-103 cents/gal, down 1 cent/gallon;
Southeast Asia 345-346 US dollars / ton, down 2 US dollars / ton;
European FOB 320-321 euros/ton, flat.
Today's Price Summary:
Guanzhong: 2200-2220 (0), North Line: 2085-2120 (-35), Lunan: 2350 (0), Henan: 2300-2325 (20), Shanxi: 2190-2280 (0), Port: 2495-2500 (35)
Freight:
North Line - Lubei 205-260 (-5/0), North Line - Lunan 270-310 (0/0), South Line - Lubei 210-260 (-10/0), Guanzhong - Lunan 160-210 (0/-10)
spot market
Today, the trend of the methanol market is different, the futures market has stopped falling and rising, the port spot market has been adjusted with the disk, the market transaction atmosphere is general, the mainland market is weak and volatile under the influence of weak demand, the industry just needs to replenish the goods, and some manufacturers are mainly reducing prices and shipping to reduce inventory pressure. Specifically, the market price in the main producing areas was adjusted in a narrow range, the southern line quotation was around 2140 yuan/ton, the low-end was lowered by 10 yuan/ton, and the northern line quotation was around 2085-2120 yuan/ton, down 35 yuan/ton from yesterday. The market price in Shandong, the main consumption area, is narrowly sorted, 2350 yuan/ton in Lunan and 2350-2370 yuan/ton in Lubei. North China market quotation narrow range adjustment, today Hebei price 2300-2340 yuan / ton, low-end down 10 yuan / ton, the regional manufacturers inventory pressure is not large, but the downstream market demand performance is not good, market demand is difficult to improve; Shanxi today quoted 2190-2280 yuan/ton, at present, the industry is mostly holding a wait-and-see mood, and methanol futures stop falling and rise, slightly supporting the price sentiment of manufacturers.
Port Market
Today, methanol futures rebounded at the bottom. Spot just needs to be negotiated; Purchase on demand within the month, and buy orders cautiously; The far month unilaterally shipped at a high price, arbitrage buying, and the basis weakened. The idea of exchange continues, and the transaction is average. The transaction price of Taicang main port: 2500-2515 on 8, basis 09+21/22, 2515-2530 on 8, 09+39 on basis, 2530-2540 on 9, 09+50/52.
Forecast for the future
With the resumption of the pre-maintenance device, the supply of some regional markets in the mainland is expected to increase, and some manufacturers in the field are expected to reduce the price of shipments in order to reduce the inventory pressure, but considering that the overall inventory pressure of the current manufacturers is not large, the enterprise has less room for profit, but in the later stage, Changqing, Shenmu, Mingshui, Hebi and other devices are running smoothly, and the pressure on the supply side of the methanol market in some areas is expected to increase. At present, it is expected that the short-term methanol market price will be adjusted in a narrow range, but it is necessary to pay attention to the coal price, the operation of the on-site device and the follow-up of downstream demand in the later stage.
Recent plant operation