Sinochem Xinhua News last week, the domestic methanol market slowly increased, the transaction climate has slightly improved. The recent slow recovery of downstream demand, favorable inventory consumption, and the current raw material prices in the upper position, supporting the price of methanol.
The East China market was slightly weak, the trading atmosphere was quiet, the initiative talks were insufficient, and the number of downstream factories received was relatively small, and the transaction volume was relatively low. The mainstream quoted price is 2700-2800 yuan (t price, the same below).
The market in South China was slow and weak, with prices slightly lower. The lack of market demand, a slight increase in spot stock, traders shipping slowed down, the mainstream price of 2750 ~ 2800 yuan.
The start of construction in Central China is stable. Manufacturers are shipping normally and offer prices increase slightly. Henan methanol market trading atmosphere is better, the mainstream ex-factory price rose to 2580 ~ 2620 yuan.
The new supply of methanol in North China is not large, and prices have rebounded slightly. The market has a certain initiative to negotiate, terminal buyers have entry requirements, the mainstream ex-factory price in the 2400 ~ 2560 yuan.
The stock supply in the Northeast market was tight, and the price oscillated upward. The downstream demand picked up slowly, the sales of methanol plants were normal, and the inventory slowly declined, supporting the recovery of prices. At present, the mainstream price of methanol is in the range of 2450 to 2550 yuan.
The East China market was slightly weak, the trading atmosphere was quiet, the initiative talks were insufficient, and the number of downstream factories received was relatively small, and the transaction volume was relatively low. The mainstream quoted price is 2700-2800 yuan (t price, the same below).
The market in South China was slow and weak, with prices slightly lower. The lack of market demand, a slight increase in spot stock, traders shipping slowed down, the mainstream price of 2750 ~ 2800 yuan.
The start of construction in Central China is stable. Manufacturers are shipping normally and offer prices increase slightly. Henan methanol market trading atmosphere is better, the mainstream ex-factory price rose to 2580 ~ 2620 yuan.
The new supply of methanol in North China is not large, and prices have rebounded slightly. The market has a certain initiative to negotiate, terminal buyers have entry requirements, the mainstream ex-factory price in the 2400 ~ 2560 yuan.
The stock supply in the Northeast market was tight, and the price oscillated upward. The downstream demand picked up slowly, the sales of methanol plants were normal, and the inventory slowly declined, supporting the recovery of prices. At present, the mainstream price of methanol is in the range of 2450 to 2550 yuan.