甲醇数据日报-20250917

Report Summary 1) Report Industry Investment Rating - No industry investment rating is provided in the report. 2) Core View of the Report - In the short - term, methanol prices will fluctuate within a range, and in the medium - to - long - term, the methanol spot market may shift from strong to weak and volatile [1]. 3) Summary by Relevant Catalogs Price - On September 15 - 16, 2025, prices of most energy and chemical products remained stable. For example, the price of Jincheng anthracite was 900 yuan, Inner Mongolia steam coal was 630 yuan, and Sichuan - Chongqing liquefied gas was 3810 yuan. International natural gas decreased from 11.02 to 10.97, and Taicang methanol decreased from 2285 to 2280 yuan. Inner Mongolia methanol increased from 2120 to 2140 yuan [1]. Supply - Domestic methanol production decreased from 266,895 to 265,295, domestic operating rate decreased from 82.33 to 81.84, and international operating rate decreased from 72.02 to 69.72 [1]. Inventory - Both enterprise inventory and port inventory of methanol remained unchanged at 347,083 and 1,427,655 respectively [1]. Demand - Order backlog of methanol remained unchanged at 241,285. The operating rates of MTO, dimethyl ether, formaldehyde, acetic acid, chloride, and MTBE all remained unchanged [1]. Associated Product Prices - Among associated products, the price of acetic acid increased from 2370 to 2390 yuan, while the prices of formaldehyde (Shandong), dimethyl ether, methane chloride, and MTBE remained unchanged [1].