Methanol is weaker

According to the latest monitoring data of "steel coal chemical information coal chemical industry," the latest monitoring data show that on September 25, the domestic methanol market was weak and the wait-and-see atmosphere was heavier. Currently, the prices in Jiangsu and Ningbo are temporarily stable, and the transaction climate is sluggish. Low-end prices in Shandong's Lunan region have fallen by RMB 30/t, and prices in central and eastern China have been very high; the mainstream in Shanxi has remained stable, and local prices have still dropped by RMB 20/t. Later in the period, the manufacturers planned to adjust prices; the Hebei region continued to be weak, the price went down 10 yuan/ton, and further downturn was likely to be possible; the Henan methanol market continued to decline; the Zhumadian acceptance was lowered by 10 yuan/ton, and the Xinxiang refined alcohol price was adjusted down by 20-40 yuan/ Ton, Sunyang acceptance down 15 yuan/ton; southwest methanol market low end, Chuanyuan market mainstream factory price down 50 yuan/ton, Danzhou factory price down 50 yuan/ton, Chengdu traders listed price up 40 yuan/ton The performance of the East China port market was firm, with prices rising by RMB 10/t; market conditions in South China continued to decline.

Methanol**: On September 25th, methanol oscillated higher. Zhengzhou methanol main contract 1301 opened higher at 2784 yuan / ton, to close at 2802 yuan / ton, intraday trading range of 2772-2821 yuan / ton, up 1.23%. 45,956 contracts were traded, 12,952 positions were held, and incremental positions were added.

External disk: the day before, CFR China main port quoted at 363-365 US dollars / ton, down 1 US dollars / ton; CFR Southeast Asia quoted at 368-370 US dollars / ton, fell 0.5 US dollars / ton; FOB US Gulf quoted at 114.25-114.75 Cents/gallon, up 0.75 cents/gallon; FOB Rotterdam quoted at 297.5-298.5 euros/ton, down 4 euro/ton.

Downstream formaldehyde and other market conditions did not improve, the demand for methanol has changed little, while high resistance to methanol deposits. In the current formaldehyde market, local prices have risen under the pressure of cost, but the shipment situation has not changed. With the arrival of the National Day holiday, the operating rate of formaldehyde has declined; the dimethyl ether market has not been favorable; the acetic acid market itself With less shipments, shipments are more optimistic, but there is limited support for the methanol market. It is expected that the pre-holiday methanol price will remain stable, with partial or slight adjustments.