Since October, due to the Middle East, Southeast Asia and the Americas have methanol device parking, the international methanol supply remained low, so the CFR Chinese price soared to US $285-295 / ton, coupled with the pre devaluation of the RMB exchange rate, in A*B=C mode, the C is enlarged, the domestic imports of high cost.

Although the United States and Southeast Asia in December for recovery, but the overall because near the end of the year, some areas about quantity has been completed, so the December imports still maintain a relatively tense situation, and then makes imports to maintain Jan Huojin price trend.

Positive factor three: strong demand for olefins

At the end of November Shaanxi Pucheng new energy production of methanol, Shenhua Yulin olefin plant restart, on the market form the demand side support, the main producing areas of Northwest shipping center rise again.

At the same time, along with the Jiangsu Shenghong MTO, Changzhou food industry EIA through the port of two sets of olefin plant production is expected to more strongly, and the market rumors, Changzhou flight with an annual output of 330 thousand tons production device plan years ago, the market for a time the sale of goods in short supply, selling cover goods sold in high spirits “.

Four favorable factors: macro, external factors