Upstream enterprises have different shipments and traders are unstable. Most underground tourism enterprises such as Lubei purchase on demand. Crude oil fluctuates and coal prices are strong. Recently, the domestic methanol market has been stable. According to the monitoring of business agency, as of July 27, the average price of domestic methanol production enterprises in Shandong was 2585 yuan / ton, with a month on month increase of 2.17% and a year-on-year increase of 59.32%.

The methanol market in major regions in China is dominated by sorting, the downstream receiving is limited, the negotiation atmosphere is general, the shipment of production enterprises is stable, and the downstream purchases on demand. The spot transaction of methanol in the port area is light. Although delivery has been resumed in Taicang and Zhangjiagang reservoir areas, spot gas buying is still light because some expressways are still restricted.

Summary of methanol market prices in various regions as of July 27:

Region, price

Qinghai region 2180 yuan / ton factory withdrawal cash exchange

Shanxi region 2290-2300 yuan / ton factory withdrawal cash exchange

Liaoning region 2430-2450 yuan / ton factory delivery

Fujian region RMB 2650 / T ex warehouse spot exchange

Lianghu area Ex factory reference: 2570 yuan / ton factory withdrawal cash exchange

Anhui region 2560-2570 yuan / ton factory acceptance

Henan region 2405-2415 yuan / ton factory withdrawal cash exchange

Downstream, the formaldehyde market fell steadily. The market price of dimethyl ether returned to stable operation, some regions adjusted themselves, and the trading atmosphere was acceptable. The mainstream of domestic acetic acid market is stable. Recently, the market continues to be stable, and the market trading atmosphere is smooth.

In terms of external market, as of the closing on July 27, the closing price of CFR Southeast Asia methanol market was USD 385.00-386.00/t. The closing price of US Gulf methanol market is 115.00-116.00 cents / gallon; The closing price of FOB Rotterdam methanol market was 342.00-343.00 euros / ton, up 2 euros / ton.

region ., Country, closing price, up and down

Asia CFR Southeast Asia USD 385.00-386.00/t USD 0 / ton

Europe and America American Gulf 115.00-116.00 cents / gallon 0 cents / gallon

Europe FOB Rotterdam 342.00-343.00 euros / ton 2 euro / ton

Methanol analysts of business society expect that the short-term methanol market may be dominated by consolidation.