On September 6th, the methanol market price index was 2132.04, down 0.11 from yesterday and 0.01 per cent lower than the previous month.

Outer disk dynamics:

Methanol closed on September 5:

China CFR 280,285 USD / ton, down US $5 / tonne

Us FOB 108109 cents per gallon, flat

CFR in Southeast Asia: us $346-347 per ton, Ping

European FOB 341-342euros / ton, down 1 euro / ton.

Summary of today's prices:

Guanzhong: 2180-2230 (0), North: 2090-2100 (0), South: 2100 (0), Lunan: 2330 (0), Henan: 2260-2270 (- 10), Shanxi: 2200-2290 (0), Port: 23702385 (10)

Freight:

North Route-Northern Shandong 210-270 (- 0amp 0), Northern Route-Southern Shandong 310-335 (0max 0), Southern Route-Northern Shandong 220-260 (0max 0), Guanzhong-Southwest Shandong 160-230 (0max 10)

Spot marketToday, the methanol market price continues to be weak, the futures market continues to decline, the market industry is gradually pessimistic about the future, and the overall trading atmosphere of the market is limited. Specifically, the market prices in the main producing areas are running at a high level, with the quotation on the southern route around 2100 yuan / ton, maintaining yesterday on the northern line around 2090-2100 yuan / ton, and yesterday, the futures market is volatile and downward, and the market wait-and-see mood is relatively strong. Downstream and traders are not enthusiastic about receiving goods. Market prices in Shandong, the main consumer area, fell narrowly, with 2330 yuan / ton in southern Shandong and 2320-2340 yuan / ton in northern Shandong. The wait-and-see mood of the market is more obvious, and the overall trading atmosphere of the market is limited. The market quotation in North China is running. Hebei quotes 2300-2330 yuan / ton today. The confidence of the operators in the market is not enough, and the transaction atmosphere is slightly light. Shanxi quotes 2200-2290 yuan / ton today, and some of the devices in the field are parked and overhauled. The market supply in the region has been reduced, but the terminal demand is still weak, and the market transaction atmosphere is limited.

Port marketToday, methanol futures range fluctuates. Spot rigid demand buying and selling negotiations. Pick up every bargain within the month, forward arbitrage buying slightly follow up, the current basis is stronger, and the monthly price spread has narrowed. The overall deal is OK. Taicang main port transaction price: spot 9: 2370-2380, base 01-2 pictures9 transaction: 2370-2380, base difference 01x0pice2sect9 transaction price: 2375-2390, base spread 01percentile 10 deals: 2395-2410, base difference 01x25exp 27.

Affected by the macro news, the methanol futures market continues to weaken, the market pessimism is obvious, and the port area continues to accumulate under the influence of the arrival of imported goods and the stable consumption of downstream rigid demand, and the spot quotation of the port is lowered along with it, and the market transaction atmosphere is general. The price fluctuation in the Chinese market is limited under the support of the small inventory pressure of the manufacturers in the main producing areas and the continuous external production of methanol from some main downstream olefin plants. At present, next week is approaching the Mid-Autumn Festival holiday, some downstream may have a certain reserve demand, but considering the obvious pessimism of the industry at present, the market transaction or maintaining rigid demand, it is expected that the short-term methanol market price range will fluctuate mainly, but in the later stage, we should also pay attention to the coal price, the operation of the plant in the field and the downstream demand follow-up.