“One year, but each year, only wish happy does not envy cents, along liking heart to make more money.” Although just a small laugh, but expressed the aspirations of the current methanol enterprises. Small year has passed, “Big Day” is approaching Chinese New Year methanol enterprises can lead a pleasant years?
According to the Futures Daily reporter, from the end of last year to this year, the high price of rare rare low-cost, most of the domestic methanol business experienced a “rainbow night” test. Especially this year, the main producing areas of the northwest lower methanol prices, even hovering in the cost line. And some small methanol business sales areas has long been discontinued, most manufacturers difficult.
However, it is worth mentioning that, methanol prices all the way down a turning point in the month.
“Pre-northwest price row library business, attracting a large number of downstream and brokers hunters, easing Northwest shipments difficult situation. And recently, as international crude oil prices rebounded, methanol brief rebound, a good majority of the Northwest business signings.” Yu Peng Sen in IT analyst reports, recently began to focus on the Northwest downstream firms with foreign mining goods during the Spring Festival, which contains methanol to olefins business, methanol aromatics business, DME companies. Foreign mining companies to focus effectively solve the difficult export during the Spring Festival methanol northwest problems. Peng Sen, according to estimates, the total amount of about 60,000 tons, “You could say, the main producing areas northwest of methanol sales short worry.”
On the other hand, by the warm winter weather, this year’s relatively smooth road transport, the main producing areas in the northwest of methanol supply during the Spring Festival and more companies have been pre-finished, some companies even have a single sign to the end of the sale, to ease pressure on the stock sharply. According to Yu information statistics, Shaanxi, Inner Mongolia, the main business of the current methanol prices in the 1350-1500 yuan / ton, on the whole, than the early rose 50 yuan / ton.
“In fact, at this time is in the northwest of companies to raise prices to convey a message to the market: the pressure has been lowered, low price is no longer” relevant personnel of a methanol production enterprises in Hebei sales department, told reporters, in fact, the progress of the current downstream stocking the Area mixed. Among them, there are still some companies have not yet Linyi stocking, in a wait period is expected to last two days before the last round of the stocking will usher in a small peak; downstream business Zibo, Dongying, or will continue to purchase more normal driving downstream. The Henan supply is relatively tight, smooth shipping companies, major business inventories remain low, pressure is not.
According to a German futures analyst Hu Xin introduced, methanol prices this year compared to last year, down more than 1000 yuan / ton, therefore, from a profit perspective, business is difficult to say “satisfactory.” But given the current methanol prices have rebounded into the bottom of the stage, the presence of rising international oil prices positive impact on DME, MTBE and methanol downstream polyolefin market, and demand is expected, there have been signs of improvement, which makes the business of the future methanol prices have expectations rise.
It can be said that at present, most of the methanol companies still see the dawn, saw hope, can live a pleasant year. Shrinkage rising market, exciting Festival, is a true portrayal of domestic methanol market.
For now, in the overall pressure on the stock is not the case, corporate holiday very price will be more intense, short-term or spot market after the holiday methanol a stable situation. “With the holiday if the downstream business up stock market will continue to rise in the short term momentum, but it also needs to be given with the international crude oil prices by very price.” Hussin believes that in the long term, if oil prices continue to rebound, methanol each lower operating rates rising, demand appears substantial positive, methanol market booming trend will continue to be staged.Sodium Metabisulphite