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At the end of 2013, the domestic methanol price reached a five-year high

wallpapers News 2020-08-20
In 2013, the domestic methanol market had a tremendous fluctuation. Taking July as the boundary, the domestic methanol market fell to a new low in the past three years in some parts in the first half of the year, while the price continued to soar sharply at the end of the year, far exceeding the industry's expectations. The price difference between the high low points in the year exceeded 1500 yuan / ton, that in some regions was close to 2000 yuan / ton. Market participants told reporters that since the start of the rising market in July this year, only in the end of August, the beginning of September the middle late October of these two short time periods, the market slightly fell down adjusted, the rest of the time period has maintained a high speed of continuous rise, local prices have repeatedly hit new highs since the 2008 financial crisis. As of December 10, the price of

in South China ports was about 4050 yuan / ton, up 1250 yuan / ton compared with the same period last year. The methanol price in East China was 4150 yuan / ton, up 1300 yuan / ton compared with the same period last year. The ex factory price of mainstream production enterprises in southern Shong was 3600 yuan / ton, about 1170 yuan / ton higher than the same period last year. The price of Inner Mongolia Northern Shaanxi was 3130-3150 yuan / ton, up 1100 yuan / ton compared with the same period last year. In addition, compared with the low level in the year, the average price of methanol out of the tank in East China closed at 4150 yuan / ton, an increase of 1595 yuan / ton ( 62.4%) compared with the lowest average price of 2555 yuan / ton in early July this year. The average price of Inner Mongolia Shaanxi was 3140 yuan / ton, an increase of 1130 yuan / ton ( 56.2%) compared with the lowest average price of 2010 yuan / ton in early July this year. The mainstream ex factory price in Shong has increased by 60% compared with the lowest price this year. Up to the deadline, the rise was still continuing. The tight supply of

is the main reason for the sharp rise of the market in the second half of this year. Since this year, the frequent failures of international methanol plants have led to the continuous shortage of international supply, resulting in a sharp decline in domestic methanol imports. Although the import volume in the first half of this year is still on the increase trend, China's net methanol import volume from August to October this year was 689000 tons, a decrease of 576900 tons compared with the same period last year, with a decrease rate of 45%. Under the influence of tight spot supply, prices in Southeast Asia, South Korea other regions continued to rise, opening up space for domestic methanol re export trade. From January to October, China's methanol exports totaled 546700 tons, an increase of 1430.06% compared with the same period last year, more than the sum of 2008-125 years (the total export volume in recent five years was 497300 tons). The decrease of import the increase of re export have led to the continuous decline of coastal social inventory for several months since the second half of the year. The average inventory from June to December is less than 250000 tons, which is significantly lower than the peak of 700000-800000 tons in recent years. The shortage of port supply has led to the market extending to the mainl. In addition, there is not much new effective production capacity in the mainl this year, the inventory of mainl enterprises is rapidly digesting. At the end of the year, due to the good pre-sale situation, some enterprises in the mainl even have negative inventory status. In addition, while the supply is short for a long time this year, there are still bright spots in the dem side. With the commissioning of two sets of coal to olefin enterprises which are totally dependent on methanol extraction this year (Ningbo Heyuan produces 600000 tons of olefins annually Nanjing Huisheng produces 300000 tons of olefins annually), the centralized release of the emerging downstream MTO / MTP dem forms a strong support for the consumption of methanol, greatly boosting market confidence, but restricted In terms of policy constraints, the performance of DME methanol fuel two emerging downstream areas is relatively flat, the dem is relatively slow to increase, but the traditional dem remains stable. Therefore, the overall dem of this year is in a steady increase pattern. Therefore, under the background of long-term shortage of supply centralized release of emerging downstream coal to olefin dem, the domestic methanol market continued to soar in the second half of this year.

Zhongyu information analysts told reporters that the release of emerging downstream dem behind the price surge this year also constitutes a strong support for the market. In the later stage, the dem for methanol in alternative fuels (methanol gasoline, dimethyl ether) alternative petrochemical raw materials (coal to olefins coal to aromatics) will suddenly rise. Among them, the prospect of coal to olefin is the most promising. Since 2012, with the construction of methanol to light olefin projects, the proportion of MTO / P in methanol consumption has increased significantly, while the traditional consumption areas such as formaldehyde have shown a trend of increase in volume compared with decline. The proportion of MTO / P in methanol consumption has increased significantly since 2011, it is expected that the proportion will exceed 15% this year. In the next few years (2014-2016), with the centralized operation of many MTO / P projects under construction, the proportion will increase year by year. It is estimated that the methanol consumption will account for more than 20% in 2015.


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TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. The nitride powder produced by our company has high purity, fine particle size and impurity content. Please contact us if necessary.