Report Summary 1) Report Industry Investment Rating - No investment rating information is provided in the report. 2) Core View of the Report - In the short - term, methanol prices will fluctuate within a range. In the medium - to - long - term, the methanol spot market may shift from a strong to a weak - oscillating state [1]. 3) Summary by Relevant Catalog Market Conditions Review - On September 30, 2025, the prices of some energy and chemical products remained unchanged, such as the price of Jincheng anthracite at 900.00, Inner Mongolia steam coal at 630.00, and Sichuan - Chongqing liquefied gas at 3760.00. The price of international natural gas decreased from 10.96 to 11.09, a decrease of 0.13. The prices of methanol in many places increased slightly. The inventory of enterprises in the main production areas in the northwest was at a low level, and the willingness of downstream and traders to replenish at low prices increased, driving up the auction transaction prices. The futures market sentiment was positive, which promoted the smooth transaction of new domestic orders in the afternoon, and some enterprises stopped selling to support prices, pushing up the spot prices [1]. Formaldehyde Market - The formaldehyde market showed mixed trends. The raw material methanol adjusted slightly, strengthening the cost - side support. Under the condition that the downstream was gradually entering the off - season of demand, formaldehyde production enterprises faced great pressure in shipment and adjusted their shipment mechanisms according to their own inventory. The demand side made flexible purchases based on rigid needs [1]. Supply and Demand - Supply: Domestic production was 275,675.00, an increase of 2,350.00 compared with the previous day. The domestic start - up rate was 84.32, a decrease of 0.72. The international start - up rate was 65.44, unchanged from the previous day [1]. - Demand: The order backlog was 273,022.00, unchanged from the previous day. The MTO start - up rate was 88.18, unchanged; the dimethyl ether start - up rate was 7.20, unchanged; the formaldehyde start - up rate was 44.71, unchanged; the wax dewaxing start - up rate was 78.97, unchanged; the chloride start - up rate was 87.54, unchanged; the MTBE start - up rate was 64.23, unchanged [1]. Associated Product Prices - The prices of associated products such as formaldehyde (Shandong) at 970.00, dimethyl ether at 3400.00, hydrochloric acid at 2450.00, methane chloride at 1680.00, and MTBE at 5050.00 remained unchanged [1].
甲醇数据日报-20251009
Guo Mao Qi Huo·2025-10-09 03:40