On August 27th, the methanol market price index was 2169.70, up 14.5% from yesterday and up 0.67% from the previous month.
Outer disk dynamics:
Methanol closed on August 26:
China CFR 295-298 US dollars / ton, up 4 US dollars / ton
Us FOB 105-106cents per gallon, flat
Southeast Asian CFR 346-347USD / ton, up US $1 / tonne
Markets are closed in Europe.
Summary of today's prices:
Guanzhong: 2180-2230 (0), North: 2070-2110 (0), South: 2110 (0), Lunan: 2395-2410 (15), Henan: 2330-2360 (20), Shanxi: 2230-2360 (70), Port: 2495-2505 (5)
Freight:
North Route-North Shandong 220-260 (- 10 Universe Mueller 10), Northern Route-Southern Shandong 300-335 (- 20 Maxime 5), Southern Route-Northern Shandong 230-250 (0max 0), Guanzhong-Southwest Shandong 160-240 (0max 0)
Spot marketToday, the methanol market price continues to be strong and volatile, the futures market is high, and the mindset of the market operators is propped up. Coupled with the gradual improvement in the downstream market demand, the industry has a certain positive expectation for the future, and the overall trading atmosphere in the market is OK. Specifically, the market prices in the main producing areas are running at a high level, with the quotation on the southern route around 2110 yuan / ton and the northern line around 2070-2110 yuan / ton, maintaining yesterday's strong volatility in the futures market, raising the mentality of the operators in the market to a certain extent. in addition, the downstream market demand has improved, the market trading atmosphere has improved. The market prices in Shandong, the main consumer area, are arranged in a narrow range, with 2395-2410 yuan / ton in southern Shandong and 2380-2400 yuan / ton in northern Shandong. The futures market is strong and volatile, the mentality of the operators in the market is supported, the overall trading atmosphere in the region is good, and the quotation of manufacturers is higher. The market quotation in North China is in operation. Hebei quotation is 2260-2350 yuan / ton today. At present, the inventory of most enterprises is not high, and there is a strong willingness to raise prices under the support of low warehouses; Shanxi quotes 2230-2290 yuan / ton today, with a low-end increase of 70 yuan / ton. The supply of negotiable goods in the regional market has been reduced, and the supply side is good to support manufacturers' price-raising mentality.
Port marketToday, methanol futures fluctuate in a narrow range. There are few spot negotiations. In recent months, on-demand procurement, long-term arbitrage negotiations, shipments increased, the basis weakened. It's a good deal. Taicang main port transaction price: 8 under deal: 2495-2505, base difference 01-30 picture33 position 9 on deal: 2500-2510, base difference 01-28 buyer 25 trade 9 transaction: 2525-2535, base difference 01-5 Accord 7 cross 10 transaction: 2550-2560, basis difference 01-2560 25exp 27.
With the smooth shipment of early manufacturers and the strong shock of the futures market, the mentality of the operators in the market is supported, the price in the Chinese market is high, and the demand downstream of the main force has improved, and some manufacturers have stopped selling and other operations. with the arrival of the "Golden Nine Silver Ten", some traditional downstream markets are slowly recovering, and terminal demand is OK for the overall performance. At present, the overall performance of the demand side is good, and the high price of methanol market is expected to fluctuate in the short term, but in the later stage, we need to pay attention to the coal price, the operation of the plant in the field and the follow-up of downstream demand.
