Near the end , the long-silent methanol market suddenly jumped off a surging market, and quickly to the downstream market
conduction. Reporters learned from the industry , since last month , dimethyl ether, acetic acid and other downstream or multiple
varieties were more than 18% of methanol , the success of the costs to be passed on the demand side .
Among them, the factories are mostly in DME inventory low price and have very positive results have been achieved . Social business
monitoring data show that since early November , rose as high as 19.85% of DME .
Yesterday , some DME manufacturers continue to increase 150-230 yuan / ton, the mainstream ex-factory price adjustment has reached
5300-5500 tons of Henan , Hebei and mainstream ex-factory price 5300 yuan / ton. Taking into account the strong willingness to
accept the goods downstream manufacturers , manufacturers shipped in good condition.
Another species of acetic acid in methanol downstream , the current industry operating rate for about 60 prices since early
November has gained 18.27% , is the national average price of 3607.14 yuan factory / ton. Among them, Jiangsu Sopo Group offer
acetic acid greatly increased this week 300 yuan / ton to 3,900 yuan / ton ; Shanghai Wu Jing acetate can offer is raised to 4000
yuan / ton.
It is understood that the recent instability in domestic and acetic acid plant operating Celanese Singapore 600000 tons / year
acetic acid plant shutdown , Shanghai Wu Jing 650,000 tons / year and Yankuang Cathay Pacific Chemical 600,000 tons / year acetic
acid plant underemployment , Hebei Britain are gasification of 500,000 tons / year plant and equipment Wu Jing the 2nd stop for
some reason , Yanzhou Mining equipment is planned mid-month shut down for maintenance , manufacturers basically in a state of no
goods . These have led companies to push up the mentality acetate urgent .
In addition , formaldehyde market volatility has slowed down , the operating rate of the overall market in about 7 percent , or
6.24% since the beginning of November , the factory is now the national average price of 1505.38 yuan / ton. At the end of the
product chain ethyl acetate amounted to 11.41 percent increase over the same period , the country is now ex-factory price 6690 yuan
/ ton. Yesterday , Jiangsu Sopo Group raised to 6650 yuan / ton on the factory price of ethyl acetate , a week ago jumped 350 yuan
/ ton.
Previously , methanol futures consecutive two-day limit . As of December 10 , methanol market price 3598 yuan / ton , the highest
level since 2009 .
At home and abroad more than acetic acid plant accident parking , DME is the traditional peak season , is expected to support the
high level of methanol , the downstream breed bull market will continue.