China is the world's largest methanol producer and consumer. The listing of methanol methanol is expected to change the market's long-term segmentation and price confusion. "I learned that methanol** will be launched on October 28th. Some people in the spot industry expect that the methanol market will become China's methanol soon, with the active participation of methanol producers, traders, importers, warehousing companies and consumers. Market prices form the center.
Because of the lack of perfect prices to form a market system, the market price of methanol in China has been chaotic for many years. The methanol market is in urgent need of a price benchmark. Wu Chi, the chief operating officer of Jingyi Investment Management Company (Zhangjiagang Free Trade Zone), told the ** Daily reporter that before 2006, the domestic methanol transaction price was mostly at 2,600 yuan/ton, but then with the repeated demands of the market and the extension of the industrial chain. Methanol price fluctuations intensified, such as the lowest in 2008 fell to 1480 yuan / ton, the highest once rose to 5300 yuan / ton; the lowest price in 2010 is 1900 yuan / ton, the highest is 3500 yuan / ton.
It is understood that methanol is a basic chemical raw material, domestically produced methanol is mainly used for the production of raw materials, and the raw material for importing methanol is mainly natural gas. At present, the annual output of methanol in China is 15 to 16 million tons, and the import volume is about 6 million tons. The annual demand is about 20 million tons. Although the market production and sales volume is basically balanced, due to the rapid growth in domestic capacity in recent years, the current breakthrough has exceeded 35 million tons, coupled with factors such as the production of raw coal and natural gas for methanol, and the large increase in methanol transportation costs, the methanol market has not been able to clam down.
According to Chen Long, general manager of Jiangyin Huaxi Chemical Terminal Co., Ltd., the current domestic demand for the methanol spot market is growing, the trading atmosphere is active, and the structure of the transaction subject is abundant. These are the foundations for the successful launch and development of methanol. "China is a coal-rich country, coal chemical industry has just risen, methanol downstream industry is in the expansion phase." Chen Long believes that the majority of methanol industry chain companies have a realistic demand for hedging the market price fluctuations, the future with the methanol market development Mature, the price of methanol will be the indicator of the spot price.
Yao Jiarong, general manager of Jiangsu Huiwei International Trade Co., Ltd. stated that since the circulation of methanol is mainly done by intermediate traders, there is no transaction mode of “factory-plant connection†between manufacturers and consumers, and the price risk in circulation is partial. Big. After the introduction of methanol**, not only the market players in the industrial chain will learn and use this market tool, market capital will also increase the attention on methanol varieties. Under the "wrestle" of all parties, the spot price of methanol may fluctuate or Will be smoothed out.
Because of the lack of perfect prices to form a market system, the market price of methanol in China has been chaotic for many years. The methanol market is in urgent need of a price benchmark. Wu Chi, the chief operating officer of Jingyi Investment Management Company (Zhangjiagang Free Trade Zone), told the ** Daily reporter that before 2006, the domestic methanol transaction price was mostly at 2,600 yuan/ton, but then with the repeated demands of the market and the extension of the industrial chain. Methanol price fluctuations intensified, such as the lowest in 2008 fell to 1480 yuan / ton, the highest once rose to 5300 yuan / ton; the lowest price in 2010 is 1900 yuan / ton, the highest is 3500 yuan / ton.
It is understood that methanol is a basic chemical raw material, domestically produced methanol is mainly used for the production of raw materials, and the raw material for importing methanol is mainly natural gas. At present, the annual output of methanol in China is 15 to 16 million tons, and the import volume is about 6 million tons. The annual demand is about 20 million tons. Although the market production and sales volume is basically balanced, due to the rapid growth in domestic capacity in recent years, the current breakthrough has exceeded 35 million tons, coupled with factors such as the production of raw coal and natural gas for methanol, and the large increase in methanol transportation costs, the methanol market has not been able to clam down.
According to Chen Long, general manager of Jiangyin Huaxi Chemical Terminal Co., Ltd., the current domestic demand for the methanol spot market is growing, the trading atmosphere is active, and the structure of the transaction subject is abundant. These are the foundations for the successful launch and development of methanol. "China is a coal-rich country, coal chemical industry has just risen, methanol downstream industry is in the expansion phase." Chen Long believes that the majority of methanol industry chain companies have a realistic demand for hedging the market price fluctuations, the future with the methanol market development Mature, the price of methanol will be the indicator of the spot price.
Yao Jiarong, general manager of Jiangsu Huiwei International Trade Co., Ltd. stated that since the circulation of methanol is mainly done by intermediate traders, there is no transaction mode of “factory-plant connection†between manufacturers and consumers, and the price risk in circulation is partial. Big. After the introduction of methanol**, not only the market players in the industrial chain will learn and use this market tool, market capital will also increase the attention on methanol varieties. Under the "wrestle" of all parties, the spot price of methanol may fluctuate or Will be smoothed out.
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