Today (11.3) the domestic methanol market rebounded, and some manufacturers continued to increase the ex factory quotation, with the price adjustment range of 30-50 yuan / ton in two days. According to the monitoring data of business agency, the average price of methanol producers in Shandong Province was 1882 yuan / ton on November 1, and 1902 yuan / ton on November 3 in Shandong Province. The price cycle increased by 1.06%, and the price rose by 5.99% month on month, with a year-on-year decrease of 38.26%. The methanol market quotation in various regions has also increased to varying degrees, especially in Shandong, Anhui and Fujian. The main factors of this price rise are the favorable futures, the rebound of international crude oil price, the maintenance of production enterprises in some regions, the low inventory, and the favorable influence of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. The methanol analysts of the business club predict that the domestic methanol market will fluctuate in the short term.

As of 11.3, summary of methanol market prices in various regions:

Regional price

Qinghai Area/

RMB 1710-1750 / t spot exchange in Shanxi

RMB 1780-1800 per ton in Liaoning

RMB 2040-2050 / T in Fujian

The factory reference of Lianghu area is 1920-2000 yuan / ton

Anhui Province 1920-1940 yuan / T acceptance delivery

Henan Province factory reference 1780-1800 yuan / ton