Since the beginning of 2017, due to the Chinese market did not restore the demand for olefins, some pre-positive support gradually decay, coupled with the Chinese market methanol industry chain products have declined and the impact of crude oil prices fell, China, the United States and the Nordic market in February – (About 295-300 US dollars / ton), the Northwest European market fell to 285 euros (about 295-300 US dollars / ton), the United States and Europe fell to 90 cents / gallon (about 295-300 US dollars / ton), Northwest Europe market fell to 285 euros / Ton (about 310-315 US dollars / ton), the international spot market arbitrage was disrupted. Paraquat
In Europe and the United States prices lower at the same time, CFR China also fell to 270 US dollars / ton, and the price and the paper is still in the upside down in June, the domestic delivery of goods is not intended, affected by some of the Middle East and the Americas goods turn Sold to the Northwest European market. It is reported that the Middle East to China and other East Asian markets freight in the 38-40 US dollars / ton, while the Middle East to Northwest Europe freight costs 55 US dollars / ton in the vicinity of the two freight difference of 15-20 US dollars / ton. For example, the price on May 10, CFR China for 267 US dollars / ton, FOB Rotterdam for 285 euros / ton (about 310 US dollars / ton), the two spreads of 43 US dollars / ton, the spread is greater than the two poor freight Resulting in some of the Middle East stock sales to the Northwest European market. According to Jinlian know that there are about 46,000 tons of goods are being sold to the Northwest European market transport, including about 12,000 tons of goods in Azerbaijan, Egyptian goods about 14,000 tons, the remaining 20,000 tons of goods from the Caribbean and other countries Region, affected by this, the follow-up Northwest European methanol market supply or will increase,Glyphosate while the region to discuss or gradually decline, concerned about the late sub-Asia, Europe, the United States and other international arbitrage operations opportunities.
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