Methanol narrow market finishing

Sinochem New Network News last week, the domestic methanol market to narrow the main finishing. Although the overhaul of equipment in the northwest region is still in progress, the enthusiasm for market purchases has declined, as the start of construction in a few areas has gradually resumed and the supply surface has slightly loosened. However, the downstream companies started to work well and the market demand was relatively stable. The majority of methanol suppliers have a stable mentality and the short-term trend will continue to fluctuate at a high level.

In East China, the market narrowed and the price was stagnant. The market transactions were dull, with less active buying and trading volume stagnating. Traders waited and watched, and the power for price increase was insufficient. The mainstream market price was between 2770 and 2850 yuan (t price, the same below).

In South China, the market is stable and prices continue to rise. The supply of goods in the market is normal, and downstream construction is generally in progress. Users purchase on-demand, traders have a stable state of mind, shipping conditions are acceptable, and prices are raised slightly. The mainstream price is between 2,850 and 2,880 yuan.

In central China, supply was stable, and high-end prices were slightly lower. The mainstream ex-factory price in Henan remained stable at 2750-2800 yuan; the market in the two lakes was strong and fluctuated, and the mainstream quotation was between 2900 and 3,000 yuan.

In North China, supply gradually loosened, and prices remained stable. Due to the decrease in downstream buying, the trading atmosphere in the market turned weak, and the mainstream ex-factory price was between RMB 2,650 and 2,750.

In the northeast region, the market trend is strong and prices continue to rise. As the market supply of goods is not high, the downstream construction starts to increase slowly, the demand is relatively stable, the manufacturers inventory decline, the shipping intention is not high, the price continues to rise, the mainstream quoted price in 2550 ~ 2650 yuan; field to Liaoning offer increased, the mainstream price in 2850 ~ 2900 yuan.

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