Last week, the domestic methanol market continued to fluctuate. Recently, the shipment of methanol in Northwest China has been increased due to the ease of transportation of roads, and manufacturers have lowered the ex-factory price to release inventory pressure, which has had a certain impact on the market. At present, the downstream demand continues to be weak, and the trading volume is sluggish. As a result, the market price is difficult to stabilize and continues to decline.
Trading in East China market was very light and prices were slightly weaker. The market demand in Jiangsu is sluggish. The buyers' intention to enter the market is negative. The market talks are scarce. The mainstream can offer is between RMB 2760 and RMB 2790 (t price, the same below); Zhejiang Ningbo has sufficient cash supply, the transaction climate is sluggish, the price declines, and the mainstream cans price In the 2800-2850 yuan; Shandong market sluggish, prices gradually decline, the atmosphere of the trading area in the port area is weak, the market stock supply is adequate, the mainstream ex-factory price in the 2670 ~ 2740 yuan.
The market sentiment in South China is weak and high-end prices have declined. The Guangdong market has a loose supply from stock, very weak buying momentum, multiple small orders, slow traders, and a slight downward adjustment of high-end offers. Last weekend, the mainstream market price in the 2900 ~ 2950 yuan; Fujian market supply is relatively adequate, factory shipments are weak, temporarily stable sales, market prices in the 3100 ~ 3180 yuan.
Sustained supply in Central China, prices continue to decline. Henan factory sales are poor, stocks are gradually increasing, prices are down slightly, mainstream factory prices are in the range of RMB 2630 to RMB 2700; Hunan market is weak, trading sentiment is sluggish, and mainstream prices are in the range of RMB 2950 to RMB 3000; transactions in Hubei have shrunk and prices have continued to decline , offer down to 2900 ~ 2950 yuan.
The North China market is in a downturn and price shocks are lowered. The Hebei market was affected by the supply of low-price products from the northwest, the methanol manufacturers increased their inventory, the traders shipped poorly, the price was rapidly lowered, the mainstream factory price was 2600-2700 yuan, Shanxi's supply was sufficient, the pressure on the manufacturers' inventory increased, the price was lowered, and the mainstream quoted price was 2500. ~ 2600 yuan.
The Northeast market was sluggish and prices fell significantly. Downstream operating rate is low, demand is very low, the market stock supply is sufficient, methanol manufacturers are not smooth, inventory pressure increases, traders lower prices and shipping, the mainstream offer in the 2350 ~ 2550 yuan.
In the market outlook, due to the poor economic environment in the world and the overall supply of domestic methanol is sufficient, the end of the year is in a low season for trading, and the short-term market will continue to decline.
Trading in East China market was very light and prices were slightly weaker. The market demand in Jiangsu is sluggish. The buyers' intention to enter the market is negative. The market talks are scarce. The mainstream can offer is between RMB 2760 and RMB 2790 (t price, the same below); Zhejiang Ningbo has sufficient cash supply, the transaction climate is sluggish, the price declines, and the mainstream cans price In the 2800-2850 yuan; Shandong market sluggish, prices gradually decline, the atmosphere of the trading area in the port area is weak, the market stock supply is adequate, the mainstream ex-factory price in the 2670 ~ 2740 yuan.
The market sentiment in South China is weak and high-end prices have declined. The Guangdong market has a loose supply from stock, very weak buying momentum, multiple small orders, slow traders, and a slight downward adjustment of high-end offers. Last weekend, the mainstream market price in the 2900 ~ 2950 yuan; Fujian market supply is relatively adequate, factory shipments are weak, temporarily stable sales, market prices in the 3100 ~ 3180 yuan.
Sustained supply in Central China, prices continue to decline. Henan factory sales are poor, stocks are gradually increasing, prices are down slightly, mainstream factory prices are in the range of RMB 2630 to RMB 2700; Hunan market is weak, trading sentiment is sluggish, and mainstream prices are in the range of RMB 2950 to RMB 3000; transactions in Hubei have shrunk and prices have continued to decline , offer down to 2900 ~ 2950 yuan.
The North China market is in a downturn and price shocks are lowered. The Hebei market was affected by the supply of low-price products from the northwest, the methanol manufacturers increased their inventory, the traders shipped poorly, the price was rapidly lowered, the mainstream factory price was 2600-2700 yuan, Shanxi's supply was sufficient, the pressure on the manufacturers' inventory increased, the price was lowered, and the mainstream quoted price was 2500. ~ 2600 yuan.
The Northeast market was sluggish and prices fell significantly. Downstream operating rate is low, demand is very low, the market stock supply is sufficient, methanol manufacturers are not smooth, inventory pressure increases, traders lower prices and shipping, the mainstream offer in the 2350 ~ 2550 yuan.
In the market outlook, due to the poor economic environment in the world and the overall supply of domestic methanol is sufficient, the end of the year is in a low season for trading, and the short-term market will continue to decline.
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