The methanol market is stabilizing as the main part

The methanol market is dominated by stability On the 18th, the domestic methanol industry was mainly stable, with some adjustments being made locally. Shandong Methanol Lunan is now down 10-30 yuan/ton; in some parts of Hebei, it is down by 50 yuan/ton; in Henan, the price of methanol is down 20-40 yuan/ton; Inner Mongolia and Shanxi are stable, Xinao Energy The 600,000-ton/year coal-to-methanol plant has reduced production; the southwestern market has little fluctuations and shipments are normal; and the shipping prices in some parts of northeast have declined slightly. In terms of ports, the East China Ports were deserted and the Jiangsu Port's tanking price was RMB 10/tonne; the South China Port market was stable and the tanker price could be negotiated.

Methanol **: On December 18, methanol oscillated and closed. Zhengzhou methanol main 1305 contract opened at 2,772 yuan / ton, down 0.16%. The intraday trading range is 2762-2778 yuan/ton. Turned 6396 hands, holding 11302 hands, shrinking lighten up.

External disk: The day before, CFR China main port quoted at 361-362 US dollars / ton, down 0.5 US dollars / ton; CFR Southeast Asia quoted at 370-372 US dollars / ton, unchanged; FOB US Gulf methanol quoted at 122.75-123.25 US cents / Gallon, flat; FOB Rotterdam quoted at 327.75-328.25 euros / ton, down 1.5 euros / ton.

The natural gas supply restriction in the northwest region brings certain benefits to the market. However, as a whole, the contradiction between the supply and demand of methanol is still continuing, and the limited effect of limited gas is gradually weakening. The market conditions in the downstream market are not volatile, and on-demand picking is not strong. It is understood that MTBE manufacturers to avoid inventory and negative profits, some devices began to repair; some manufacturers of formaldehyde market prices slightly lower, the Northeast in recent days, snow, short-term construction or affected; dimethyl ether partially go down; The acetic acid market is generally stable and the negotiation atmosphere is generally fair. If there is no improvement in the contradiction between supply and demand, methanol can easily fall or rise in the short term.

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