B · Normal
[The spot price of methanol continues to fall sharply, and the market's purchasing enthusiasm is weak] According to reports on October 13, the domestic methanol spot market price continued to fall sharply today, and the operating mentality of the industry was weak. Futures fell, and the mentality of industry players was frustrated. Coupled with the impact of news about the suspension of some domestic olefins, most industry players had a bearish mentality. Under the influence, market purchasing enthusiasm was weak, and market transaction prices were subsequently lowered. As of now, the price of the northern line in Inner Mongolia is 3,195 yuan/ton, down 165-205 yuan/ton; the southern line is 3,100 yuan/ton; and the price in northern Shaanxi is 3,100-3,350 yuan/ton, down 150-400 yuan. / ton; in the Shandong consumer market, the downstream receiving price in northern Shandong is around 3450-3460 yuan/ton, and Linyi is around 3360-3410 yuan/ton, down 190-220 yuan/ton. In terms of equipment, Excelle has been restored, and Yigao, Jiutai Tuo County, Shanxi Huayu, Longxingtai, and Anqing Shuguang are under maintenance and will be followed up. In terms of freight rates, methanol freight rates continued to rise during the day. (Tu Duoduo)
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