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国都期货甲醇期货晨报-基本面尚无实质扭转 甲醇维持底部震荡

National Capital Futures methanol Futures Morning News-fundamentals have not yet substantially reversed methanol to maintain bottom shocks

國都期貨 ·  Apr 19, 2019 00:00  · Researches

The basic situation of the overseas spot market is as follows: although the supply is expected to be sufficient in the later period, the active offer is sparse, some shippers are expected to continue to discharge goods to avoid risk, and more direct contracts for Iranian shipments arriving in Hong Kong from the end of April to May in the near future are supplied to inherent customers.

The basic situation of the spot market in various regions of the country is as follows.

East China Port: Taicang methanol market fluctuated in the morning, and then declined, leading operators' empty mentality, buying goods cautiously, closing in the afternoon, accelerating the decline. The methanol market of Zhangjiagang and Nantong in Changzhou, Jiangsu Province followed the market in the morning and fell back in the afternoon. Ningbo market stabilized in the morning, the owner maintained the inherent quotation, the market demand was weak in the afternoon, the spot order was closed within the day, the discharge of the consignor was blocked, and the spot volume was sparse in the whole day. On the whole, the port market has been depressed by the decline in prices sent to the mainland and the empty mentality of merchants, and the focus of most transactions has shifted downward. Paper goods: 4, 2330-2400 yuan / ton; 5, 2350-2390 yuan / ton; 6, 2375-2415 yuan / ton.

South China port: the market is weak, the offer is mainly wait-and-see, the negotiation is deadlocked, and the transaction is general.

Fujian area: the market runs smoothly, the supply of goods is limited, and the transaction is general.

Shaanxi and Inner Mongolia region: market arrangement and operation in Shaanxi region, the transaction in Guanzhong area is concentrated at the low end, and the mentality of the operators is not good. The market in Inner Mongolia does not fluctuate much, some devices on the north line are stopped and overhauled at the weekend, and shipments on the south line are stable. Partial shipment is not good, the main supply is about long.

Guanzhong area: continue to decline, some shipments have not improved, low-end spot exchange, high-end acceptance.

Southern Shandong: mainstream retail prices of enterprises are reduced and low prices are traded.

Northern Shandong: the market center of gravity is downward, enterprise shipments are different, traders' mentality is not good, the mainstream ex-factory prices of enterprises in central and eastern Shandong are reduced, the actual transaction prices are also low, the downstream inventory is on the high side, and the transaction progress is slow.

Anhui region: weak market consolidation, some manufacturers reduced prices, downstream on-demand delivery, weak trading atmosphere.

Hebei region: the market continues to fall, Shijiazhuang and the surrounding center of gravity in the middle and low end, downstream wait-and-see, enterprise shipments in general, some manufacturers reduced prices, the transaction is lukewarm.

Henan area: there are few offers from local methanol enterprises and light trading on the floor.

Shanxi region: the market continues to weaken. Jincheng center of gravity in the low end, the shipment is not smooth; Linyi downstream demand is general, the transaction is light.

Southwest region: market weak arrangement.

Lianghu region: the market is declining, the ex-factory prices of the main low-end factories in Hubei, and the quotations of high-end Wuhan traders; Hunan is mostly quoted by Changsha traders, the goods are not smooth, and there are signs of loosening trading.

Northeast China: the center of gravity moves downwards.

The translation is provided by third-party software.


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