Report Summary 1) Report Industry Investment Rating No information provided in the given content. 2) Report's Core View - The methanol price in many domestic regions increased slightly yesterday. The inventory of enterprises in the main production areas in the northwest is at a low level, the willingness of downstream and traders to replenish at low prices has increased, and the transaction price of enterprise auctions has risen. The positive sentiment in the futures market has driven smooth new - order transactions in the afternoon, and some enterprises have stopped selling and supported prices, pushing up the spot price. The downstream is mainly on the sidelines, and the procurement has become more rational after the previous low - price replenishment. The market trend needs to pay attention to the downstream procurement transactions on Tuesday. - In the short term, the methanol price will fluctuate within a range. In the medium to long term, the methanol spot market may change from strong to weak oscillation. [1] 3) Summary by Relevant Catalog Price - The prices of most energy and chemical products remained stable on August 19 - 20, 2025, with only a few showing changes. For example, the price of Sichuan - Chongqing liquefied gas increased by 10 yuan to 4140 yuan, the price of international natural gas decreased by 0.09 to 10.43, and the price of MTBE decreased by 20 yuan to 4980 yuan. The price of methanol in many domestic regions increased slightly, with the price in Taicang rising by 20 yuan to 2290 yuan, and the price in Shandong rising by 10 yuan to 2290 yuan. [1] Supply - Domestic methanol production decreased by 360 to 270205, and the domestic operating rate decreased by 0.11 to 83.65, while the international operating rate remained unchanged at 71.67. The arrival quantity of imports remained unchanged at 38.84. [1] Inventory - Both enterprise inventory and port inventory remained unchanged, at 295573 and 1021800 respectively. [1] Demand - The order backlog remained unchanged at 219365. The operating rates of various downstream products of methanol remained stable, such as the MTO operating rate at 83.12, the dimethyl ether operating rate at 7.15, and the formaldehyde operating rate at 41.54. [1] Associated Product Prices - The prices of most associated products remained stable, with only MTBE showing a decrease of 20 yuan to 4980 yuan. [1]
甲醇数据日报-20250821
Guo Mao Qi Huo·2025-08-21 07:39