Let’s discuss the methanol prices recently! ! Experts, please give some advice! !

Domestic spot prices: The price of methanol at ports in Jiangsu is between 3,130 and 3,150 yuan per ton; the electronic trading platform shows a slight decline, and there is a strong atmosphere of caution in the market. The transaction price in the spot market remained stable at 3,120–3,130 yuan per ton, with weak trading activity in the market. It is expected that methanol prices at ports in Jiangsu will remain stable in the near term, with only slight fluctuations possible.

International methanol prices: CFR China at $396–398 per ton, CFR Southeast Asia at $393–395 per ton. Downstream prices: Liquefied Chemicals’ formaldehyde factory price is 1,350 yuan per ton; Yongmei Longyu’s dimethyl ether is traded at 4,700 yuan per ton. Jiangsu Supor’s acetic acid costs between 3,800 and 3,850 yuan per ton. The prevailing negotiation price for DMF in Jiangshan, Zhejiang, is around 6,500 yuan per ton, while Anbang Petrochemicals’ MTBE is priced at 8,000 yuan per ton.

Supply and demand situation: On the supply side, the supply in the methanol market has decreased slightly recently. Some enterprises in Shanxi province have experienced power restrictions, resulting in a decline in production; the methanol plants of Runfeng and Huachang in Jiangsu province are under maintenance; the main plants in the Northwest region are operating steadily. On the demand side: The formaldehyde market remains stable, but overall transaction activity is weak due to limited demand from downstream industries. The downstream market for acetic acid is in a off-season period, with slow sales, and industry experts are pessimistic about future trends. The price of dimethyl ether remains stable, influenced by the conditions in the liquefied gas and methanol markets. In the DMF market, there is an excess supply, which means prices are unlikely to rise in the future. Production of silicone monomers has increased, resulting in an ample supply in the market, and prospects for the future appear weak.

Recently, methanol prices have continued to rise and are now at high levels. However, demand from downstream industries has not increased significantly. Moreover, downstream manufacturers have largely finished their stockpiling ahead of the holidays, resulting in a quieter market atmosphere compared to before. Currently, the price of formaldehyde in the downstream market is showing little upward momentum; the price of dimethyl ether remains stable, and the trends for other products are also not favorable. Manufacturers are quite resistant to the high prices of methanol at present. In the later stage, as market supply gradually recovers, methanol prices are expected to decline.