This week, the domestic methanol market continued to fall. At present, the macro level is in a bad situation. At the same time, the breaking position of the futures market fell, and the market sentiment weakened, but the overall follow-up is not fast, and the decline is limited.

 

PVA 1788 (PVA BP17)

According to the monitoring data of business agency, from July 4 to 11, the average price of domestic methanol market fell from 2525 yuan / ton to 2397 yuan / ton, with the price falling by 5.05% during the cycle, the price falling by 14.98% month on month and 5.33% year-on-year.

 

As of the close on July 12, the focus of methanol futures in Zhengzhou Commodity Exchange continued to fall. Ma2209 contract opened at 2390 yuan / ton, with the highest price of 2402 yuan / ton and the lowest price of 2314 yuan / ton. It closed at 2324 yuan / ton, down 77 yuan / ton from the closing of the previous trading day. As of the closing, ma2209 contract holdings were 1185300 hands, down 60500 hands from the previous trading day.

 

As of July 12, the summary of methanol market prices in various regions:

 

Region, Price

Qinghai region, No quotation at present

Shanxi region, 2320-2370 yuan / ton factory withdrawal cash exchange

Liaoning region, 2680 yuan / ton to cash exchange

Fujian, 2400-2450 yuan / ton, cash exchange nearby

Two lakes region, Negotiation reference 2680-2720 yuan / ton to cash exchange

Anhui region, Transaction range refers to 2480-2550 yuan / ton factory acceptance

Henan Province, 2425 yuan / ton factory withdrawal cash exchange

The price of products in the methanol industrial chain rose and fell, the price of natural gas, the upstream product of methanol, fell narrowly, the price of coal rose narrowly, and the cost of methanol was well supported; Among downstream products, Shandong methane chloride price fell the most; Among related products, the price of urea in Shandong fell the most.

 

POLYVINYL ALCOHOL

In terms of external market, as of the closing on July 11, CFR Southeast Asia methanol market was closed. The closing price of Gulf methanol market in the United States is 95.50-96.00 cents / gallon; The closing quotation of FOB Rotterdam methanol market is 348.50-349.00 euros / ton.

 

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

Asia, CFR Southeast Asia, 364.00-365.00 USD / ton, 0 USD / ton

Europe and America, The Gulf of the United States, 95.50-96.00 cents / gallon, 0 cents / gallon

Europe, FOB Rotterdam, 348.50-349.00 euros / ton ., 0 euro / ton

Methanol production costs are supported. The short-term methanol supply is expected to increase and the demand is weakened. Methanol analysts at business club predict that in the short term, the domestic methanol market may still decline at a low level.

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