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Methanol Weekly Review: Domestic Methanol Review and Late Forecast (21040228-21040306)

Publish Date:2014-03-10 16:04:00 Views:

1. A review of the domestic methanol market this week

This week before the continuation of the decline, starting from the market on Tuesday to stabilize the rebound, the intensity of different, the downstream plot to find the goods greatly enhance the polarity. Northern Shaanxi, Inner Mongolia Dachang according to the actual situation to adjust the offer, row warehousing smooth deposit is expected. Shanxi high-speed limit line caused by the supply of goods in Luzhong tight, Quotes rebounded sharply; Lunan ship smooth, and actively follow. Hebei market worsening, industry mentality optimistic. Shanxi market limit to increase the burden of shipping, to the methanol outbound and northwest supply and transportation caused by the level of freight up, delivery or transit cycle extended.
Central China market also fell after the first rise, Guanzhong manufacturers stabilized up, smooth turnover. Henan weeks before the soldiers do not move, turnover center of gravity continued to move, the late shipment prices continued to rise. The two lakes Xianyihou Yang, the beginning of the week by the impact of manufacturers in the lower, after the promotion of business prices to follow the surrounding areas stabilized, prices followed by the market rose. Sichuan and Chongqing market is stable early week, after the Northwest goods sent to the Sichuan market by the impact of a significant decline, while the Northwest supply of Chongqing and other places the price was temporarily stable. Shandong this week, the average market price of 2457, down 5.03% last week, the average price of 2064 in Inner Mongolia, down 6.99% last week.
Coastal methanol market is expected to stabilize. Continuous depth of the bottom, has made the industry "blood loss" too much, intended to wait for the opportunity to "break counterattack", then downstream and middlemen a new round of the inventory cycle to start, give the lenders an excellent role in promoting collective Goods reluctant to sell, the venue is difficult to find low prices, some speculators do not buy up the mentality of buying trouble, Week just need a small amount of heavy volume greatly improved, active trading index rose.
 2. Late domestic methanol market outlook
The recent mainland market oversold bounce, on the one hand the industry confidence, pre-market continued to fall to the cost line near the part of the industry that there will be a turning point in the market, began to enter the market hoard goods, terminal downstream replenishment support, the market turn up. On the other hand, Shanxi high-speed limit line affect the supply of goods, as well as the supply of Northwest to extend the cycle, freight rates, local market supply, Shandong, Henan market has raised. But the end of the downstream recovery is not up to expectations, with the gas began to recover the methanol business, supply and demand side no significant positive. Short-term rebound will eventually return to rational, is expected to stabilize next week, there is a narrow range may be. From the recent rally, coastal methanol is the so-called technical rebound or downstream of the real temperature back, is still doubtful. Short-term long array, has made many of the industry into a chase of behavior, short-term coastal methanol will continue to lift up to make up for the pre-profit "fall." But in the long term, the lack of downstream and end-users for high-priced digestion, pull up also escape the "die", long-term weak adjustment pattern has not changed. The problem of inventory is still the main task of late port merchants.

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