methanol also crazy. Less than two months, up nearly 50%.

This year National Day over, methanol futures didn’t stop. Before the national day of the port area of East China methanol price is only 1900 yuan / ton, the festival rose to 2050 yuan / ton. A little later after a breath and made a whirlwind, just a week, from 2500 up to 3200!

WeChat pictures from the public number futures daily”

However, methanol futures mania is only a corner of iceberg chemical industry.

This chemical price rose more than 30% of the nearly 30, price rose more than 30% to 16. TDI and other varieties of prices and spreads or even reached 164.8% and 285.6%, a record high.

Orient Securities Chief Petrochemical analyst Zhao Chen believes that this year, chemical products prices continued to rebound, corporate profits improved significantly, not only because the demand side policy underpinning to maintain growth, and the supply side of the past few years a lot of exit capacity, finally the gap between supply and demand to boost prices.

Recently, some commodities rose to huge disproportionate with the fundamentals, but once again reflects, behind this high economic growing chemicals, may be irrelevant and real speculation.

The fundamental difference between supply and demand: creating opportunities range of varieties

Since October this year, China methanol price from 1903 yuan / ton rose to 2771 yuan / ton, up 45.6%.

Haitong Securities Think, methanol prices, Price spreads, contribute to the methanol production enterprises to improve profitability .

The reason, one is on the supply side, the rising cost of raw materials: this year, China’s coal and methanol accounted for 71%, and since October, the average price of anthracite in Central China rose up to 32.4%; while oil in November 20th began to increase the non resident natural gas price 10%~20% also promoted the head of methanol gas prices.