On September 30, the methanol market price index was 2,055.4, an increase of 23.82 from yesterday and an increase of 1.17% month-on-month.

External disk dynamics:

Methanol closing on September 27:

China CFR 295-297/ton, up 5/ton;

U.S. FOB 104-105 cents/gallon, down 1 cent/gallon;

Southeast Asia CFR 330.5-331.5 USD/ton, flat;

European FOB 334.5-335.5 euros/ton, down 1 euro/ton.

Today's price summary:

Guanzhong: 2030-2150 (50), North Line:2000-2020 (30), South Line: 2000 (0), South Shandong:2280-2300 (10), Henan:2170-2250 (20), Shanxi: 1900-2070 (0), Port:2535-2565 (30)

Freight:

North Line-Northern Shandong 205-260 (0/0), North Line-Southern Shandong 260-310 (0/0), South Line-Northern Shandong 240-260 (0/0), Guanzhong-Southwest Shandong 180-240 (0/0)

spot market: Today, the methanol spot market price fluctuated upward, while the futures market fluctuated upward. The main players and quotations in the region continued to push up slightly, and transactions were smooth. Specifically, the market prices in the main producing areas have been increased. The price for the southern line is around 2000 yuan/ton, the price for the northern line is around 2000-2020 yuan/ton, and the price for the low-end is increased by 30 yuan/ton. Some companies continue to increase their prices for shipment, but transactions are limited. Market prices in Shandong, the main consumer area, have been adjusted within a narrow range, with 2,280 - 2,300 yuan/ton in southern Shandong and 2,270 - 2,290 yuan/ton in northern Shandong, with an increase of 70 yuan/ton at the low-end. The holidays are approaching, and most companies mainly implement contracts. The market quotation in North China is stable. Today, the price in Hebei is 2,090 - 2,120 yuan/ton, with an increase of 20 yuan/ton at the low-end; the price in Shanxi is 1,900 - 2,070 yuan/ton today. The pre-holiday stocking efforts are average, and some production companies are in stock demand.

Port Market:Methanol futures surged higher today. There was just a need to replenish goods within the month, and the basis became stronger. Forward arbitrage and exchange buying, unilateral shipments on rallies. The overall transaction throughout the day was average. Transaction price at Taicang Main Port: Spot transaction: 2550, basis of 01+35/+40; 10 transactions: 2555-2575, basis of 01+41/+48.

Market outlook forecast:At present, the macro positive support is obvious. The futures market is pulling up strongly, and the market atmosphere is improving. As manufacturers sell at low prices in the early stage, the overall inventory arrangement is relatively smooth. Most companies in China have tentatively pushed up the pre-holiday quotations. Downstream terminals and traders have a certain bottom-hunting mentality. The overall market transaction atmosphere has improved compared with the previous period. However, as the National Day holiday approaches, some companies have gradually delisted from the market. It is expected that the short-term methanol spot market price fluctuations will be limited, but coal prices need to be paid attention to in the later period. Operation status of on-site equipment and follow-up status of downstream demand.