Methanol market prices rose strongly to maintain a steady development trend

The recent domestic methanol market has steadily risen, maintaining a steady development trend.
In East China, the market trend picked up and prices continued to rise strongly. The market's mainstream offer price was 2280-2380 yuan (ton price, the same below), which was 60-80 yuan higher than the previous period. On the supply side, due to the constraints of transportation and tight supply of methanol in Asia, the domestic import volume was small, and the transaction price continued to rise. The inflow of methanol from the Mainland increased significantly with the price increase and gradually became the mainstream source of the market. keep it steady. The cost of domestic methanol to the East China Port has recently reached 2150 to 2250 yuan, which is a significant increase from the previous period. At the same time, the downstream production load of formaldehyde is relatively high, the demand for methanol is relatively strong, the increase in the cost of goods supply coupled with the smooth sales leads to the increase in quotations by major holders and the increase in market prices. In the near future, the market supply in Ningbo is stable, and the prices are basically stable. The mainstream canisters price is 2,300-2,370 yuan, up 50-70 yuan; the turnover of methanol in Jiangsu ports is relatively good, and the market's mainstream canning price is 2,280-2,330 yuan, up 50 yuan.
In South China, the market has been stable and prices have risen steadily. Affected by the steady increase in downstream demand and rising prices in other regions, the market has a more positive attitude. The cost of domestically delivered methanol to South China was recently 2,200-2,300 yuan, but the amount of goods source has decreased, due to the tightening of the supply of methanol in the Mainland and the relative increase in local digestion, and because of the increase in prices, the amount of outbound shipments has decreased. . Although the stock level of the market is not high, there is a certain amount of goods coming to Hong Kong in the later period. Therefore, the market supply and demand situation is basically stable. The recent mainstream market price is 2350 ~ 2400 yuan, the low end rose 20 yuan.
In Central China, prices have risen steadily, and in Hunan, prices have risen due to declining start-ups and increased shipments. The market supply in Henan has been relatively stable and there has been no significant increase in downstream purchase intentions. As a result, manufacturers have lacked incentives to increase prices and the trend has been relatively flat. . In the Henan market, the mainstream ex-factory price in the northern region was 1920 to 2,000 yuan, which was flat. In the western region, the methanol plant started to decline. The mainstream ex-factory price was 1910 to 1940 yuan, up 10 yuan; in the southern region, the mainstream ex-factory price was 2,000 to 2020 yuan, unchanged. In addition, the methanol market in Hunan has moved up. Due to the increase in shipments to East China, and the overall operating rate in the region has decreased, the mainstream price of manufacturers has been raised by 50 yuan to 2100 to 2200 yuan; the mainstream factory price in Hubei has remained unchanged. Stable in 2000 ~ 2100 yuan, the market high-end quotes held steady at 2400 yuan; Jiangxi methanol plant start is not high, the mainstream ex-factory price of 2220 ~ 2250 yuan, up 20 ~ 30 yuan.
In North China, the market is unbalanced and prices are rising and falling. The mainstream factory price is 1850 to 2040 yuan, the low end rose 50 yuan, the high end fell 30 yuan. The operating rate of methanol plant in Hebei Province has not changed much. The factory's mainstream ex-factory price is 1980 to 2040 yuan, down from 30 to 70 yuan; Shanxi region is supported by rising liquid ammonia prices and reduced methanol production, and some manufacturers offer increases, the mainstream factory price is 1730 ~ 2000 yuan, high-end rose 50 yuan.
In the northeastern region, the market fluctuates slightly. Although Daqing Chemical lowered its local sales price by 100 yuan, the transaction is still relatively stable because the actual transaction price of the market was originally lower than this price. The recent mainstream market price is between 2100 and 2250 yuan, and the low end is down 50 yuan. Kazakhstan's gasification price of methanol is between RMB 2,000 and RMB 2,200 (low end is the customs price and high end is the local price). It is flat, the production and sales are relatively normal, and the inventory is low; the ex-factory price of methanol in Daqing Chemical Industry is 2000-2,200 yuan (the low end is the customs price , high-end for the local price), high-end down 100 yuan, normal production, sales in general.
In the southwestern region, the market remained stable and prices fluctuated within a narrow range. The recent market supply is sufficient, and the market demand is not significantly enlarged. The suppliers have certain shipping pressures. The mainstream market price is 1850 to 1950 yuan, which is flat. Recently, Sinopec Sichuan-Weifang and Sichuan Jiangyou's methanol plants are operating normally. Manufacturers actively organize the supply of goods out of the factory. The factory inventory is basically within the control range, and the manufacturers' quotation remains steady at 1700-1900 yuan, unchanged. Among them, the foreign price of the province is 1,700- 1,800 yuan, and the price of this region is from 1,850 yuan to 1,900 yuan, which is flat. As the methanol prices in East China continue to rise, confidence in suppliers has been boosted. Therefore, methanol prices in the market outlook are expected to slowly rise.
On the whole, the number of imported methanol in the near future has been small, and the price has gradually increased. This has led to a better drive and support for the domestic market. The domestic methanol production was affected by the suspension of production and maintenance of some methanol plants, while the production started in the downstream industries increased, and the demand for methanol increased, which effectively reduced the pressure on the market supply side and provided support for the increase in methanol prices. However, due to the huge domestic methanol production capacity, as long as the market prices rebound to a certain height, there will be a large number of sources into the market, causing great damage to the market, so the room for methanol prices will be limited to a certain extent.

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