1、 Price trend
According to the price monitoring of the business association, the weak market of domestic methanol has a narrow upward trend. As of February 19, the average price of domestic methanol market is 1987 yuan / ton. Prices fell 12.15% month on month and 12.91% year on year.
2、 Market analysis
| PVA 1799 (PVA BF17) |
Products: the methanol production enterprises in the main production areas of Shaanxi and Mongolia are able to deliver goods temporarily, the traders are mainly responsible for receiving goods, some of them are connected with the bidding of the downstream enterprises, the transportation vehicles are in recovery, the downstream enterprises have no obvious changes in the construction, and some of them are mainly for replenishment. China US relations have been upgraded, and crude oil has been shaken at a low level. In the short term, the domestic methanol market price is mainly volatile.
Industry chain: formaldehyde: weak operation of domestic formaldehyde market. A small number of start-up enterprises offer stable temporarily, most enterprises have not yet started, the cost side is at a relatively low level, the downstream market starts in a low level, the demand is limited, and it is difficult to clinch a deal with a real order.
Acetic acid: the domestic acetic acid market is stable and weak. Part of the low-cost goods in the northwest hit the North China market. At present, it is free at high speed, and the delivery price is more advantageous than that of the local manufacturers in North China, thus opening the price range in North China market. Part of the lower reaches of the East China market were restarted, and the market demand stimulated low-cost competition among manufacturers, pushing the market transaction price down slightly. In South China market, the terminal demand is small and scattered, the market has not recovered, and the supplier is mainly providing stable offer temporarily. In the short term, the domestic acetic acid market demand gradually recovers, the automobile transportation aspect selectivity increases, each factory stock pressure is obvious, the passive competition shipment.
| PVA 1788 (PVA BP17) |
DME: the market of DME is weak and stable, and the trading atmosphere is weak. The mainstream price in Henan Province is 3020-3200 yuan / ton ex factory spot exchange, and the lower reaches are mostly purchased in small quantities according to demand, with general demand. In the aspect of civil gas, the price difference between gas and ether is narrowed, which supports DME.
3、 Future forecast
From the perspective of business community: the delivery of methanol production enterprises in the northwest main production area is temporarily available; the number of vehicles is gradually increasing; the downstream construction changes are not significant temporarily. The methanol analysts of the business association predict that China’s methanol market may fluctuate in a narrow range in the short term.
| http://www.barium-chloride.com |