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The following article was published in our article directory on October 7, 2010.
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Last week Methanol Market analysis

Article Category: Business

Author Name: xia zihui

Last week, the Asian market weakness of methanol prices fall narrow. Market talks more exiguous, downstream demand to ascend, buyers, weak gua-rantee intention, quote shipment grocers slow down slightly. Current southeast Asian markets fell $5 cif price of methanol to 259-260 dollars/tons. China port methanol cif price fell 4.5 dollars/tonne to 264-266 dollars per ton. European markets rebounded slightly, methanol offer higher 4 dollars at 318-320 dollars per ton fob/Rotterdam), American market and steady operation, trading methanol atmosphere, methanol spot offer firm in 79-80 cents per gallon (FD U.S. gulf, or about $263-266 / t).

Last week, east area of methanol to range trade market, prices continue to fall Yin. Watching the market does not change, terminal mindset into interest is not high, the buyer market supply still high, traders, quote shipment. China market quotation in mainstream weekend 22 - c.2350 yuan/ton, more than a week ago fell 70-100 yuan/ton. Jiangsu market transactions of methanol prices fell slightly weaker, atmosphere, the mainstream in the jar - 228 2300 yuan/ton, Ningbo methanol market trends, traders mentality instability, have shipment requirements, offer lower prices in the tank, the mainstream 232 - c.2350 yuan/ton.

Last week, south China market weakness, methanol prices decline slightly. Downstream demand for picking up intention, buyer is not high, volume, the market is sufficient supply. Current market delivers lower intention, end users wait-and-see waiting. Traders shipment is relatively slow, prices. Weekend market quotation to mainstream 2300-325 yuan/ton, than a week 50 yuan/ton, slide around the low-end negotiations. Fujian area negotiations, light downstream buyers of methanol, market quotation purchases in 24-24500 mainstream yuan/ton.

Last week, huazhong area, methanol device starts from downstream demand weak, methanol manufacturers selling price, are still tired sluggish, the mainstream in 2100 factory cut - 2 yuan/ton. North of henan low volume sales, manufacturer of methanol, low prices were slightly weaker and mainstream factory in 21-21.5million offer yuan/ton, Southern trading atmosphere, cash supply pressure is limited, methanol, price declines in mainstream 2180-2200 yuan/ton. In the market, hunan, manufacturer of methanol trading atmosphere light relatively slow, shipment, the mainstream quotation price declines in 24-2430 now yuan/ton. Hubei area, methanol methanol movements, drop ship factory price quotation, the mainstream in the 2300-232 yuan/ton.

Last week, huabei region started smoothly, manufacturer of methanol unit sales to ease pressure, stock price, small-scope fluctuation, the mainstream ex-works in 2050-2 yuan/ton. Shijiazhuang areas for foreign goods, reduce methanol, methanol manufacturer spot stock inventory pressure to reduce, quotation, small factory in 21 - offers mainstream 2130 yuan/ton, Tang shan area methanol trading smoothly, downstream demand, traders remain wait-and-see, price fluctuations in indiana, 21 - yuan/ton. Shanxi district commenced methanol device is not high, but for foreign goods manufacturers, inventory, and downstream demand fatigue, methanol manufacturers offer, currently offer in 2050 - methanol mainstream 2 yuan/ton.

Last week, northeast China, the price of methanol weak market movements significant decline. Downstream demand, buyers purchase quantity is limited, the market trading atmosphere, light source stock rises. The local factory shipment, methanol, offer quick inventory pressure drop. Currently, the coal enterprise offers cut into methanol 1950-2050 yuan/ton, low in 1850-1900 yuan/ton, Gas methanol device manufacturer, but started selling pressure is weak, the stock price increases gradually fell before, and offer in 2050-2100 mainstream yuan/ton. Nonlocal methanol to liaoning methanol 2100 - spot quotation fell 2 yuan/ton, weak atmosphere.

A brief comment on the market. Last week, domestic market to methanol consolidation. Downstream, needs to start effective market clinchs a deal, weak, traders lack confidence atmosphere. Despite recent methanol production equipment repair parts, but the overall market supply still exceeds the demand is higher, especially the harbor area of inventory, traders lack confidence boost. Hind, watching the market WaiPan methanol atmosphere, weak, market trends of market has negative influence, but part of methanol manufacturer has touched down costs, narrow space, methanol market fluctuation space is limited, short-term continue vulnerable.

Keywords: formic acid, mono ethylene glycol, sodium tripoly phosphate

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