Methanol market fluctuates in a narrow range

This week, the domestic methanol market fluctuated in a narrow range. The price was relatively higher, rising first and then falling. The main reason was that the market demand improved and the receiving price rose. However, after the methanol futures fell in the middle of the week, the trading atmosphere became weaker, and the atmosphere of the domestic methanol spot market was light, and the price fell slightly.


Sulfamic acid 99.50%

According to the monitoring data of the business agency, from June 10 to 17, the average price of domestic methanol production enterprises rose from 2657 yuan / ton to 2712 yuan / ton, with a price increase of 2.07% in the cycle, a price increase of 1.69% month on month and a year-on-year increase of 6.79%.


As of the noon closing on June 20, methanol futures in Zhengzhou Commodity Exchange fluctuated downward. Ma2209 contract opened at 2750 yuan / ton, with the highest price of 2759 yuan / ton and the lowest price of 2667 yuan / ton. It closed at 2674 yuan / ton at the end of the day, down 95 yuan / ton compared with the previous trading day, and 941100 positions were held at noon.


Sulfamic acid 

Summary of methanol market prices in various regions as of June 17:


Region, Price

Qinghai region, No quotation

Shanxi region, 2560-2620 yuan / ton

Liaoning region, 2720 yuan / ton to cash exchange

Fujian, 2800-2850 yuan / ton, cash exchange from warehouse nearby

Two lakes region, Negotiation reference: 2880-2900 yuan / ton delivered to spot exchange

Anhui region, The mainstream negotiation is about 2730-2800 yuan / ton

Henan region, The shipment price is 2700 yuan / ton

The price of products in the methanol industry chain is mixed, the price of natural gas in the upstream product of methanol is stable, the price of coal is rising, and the cost of methanol is strongly supported; The price of Zhonghua East glacial acetic acid, a downstream product, fell the most; Among related products, Shandong glycol has the largest price increase.


In the external market, as of the closing on June 15, CFR Southeast Asia methanol market closed at $392.50-393.50/t, down $7 / T. US Gulf methanol market closing price 110.50-111.00 cents / gallon; The closing quotation of FOB Rotterdam methanol market was 366.50-367.00 euros / ton, down 1.5 euros / ton.


region ., country., Closing price, Up and down

Asia, CFR Southeast Asia ., 392.50-393.50 USD / ton, – USD 7 / ton

Europe and America, US Gulf, 110.50-111.00 cents / gallon, 0 cents / gallon

Europe, FOB Rotterdam, 366.50-367.00 euros / ton, – 1.5 euro / ton

Methanol production cost support may be weakened. From the fundamental point of view, the supply is relatively abundant and the demand changes are limited. The methanol analysts of the business club predict that the domestic methanol market may decline in the short term.

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