Observation of Methanol Prices20181017

夜盘甲醇小幅反弹，主力合约1901Received3376element/Ton, decrease in settlement price compared to the previous day0.82%；

现货方面：江苏太仓现货报盘3480-3490element/Ton; Quotation for main factories in southern Shandong region3280-3290element/吨；内蒙北线地区部分报价2990-3000element/吨，出货有待观察；南线地区报价3020element/吨，出货有待观察；短期内地现货成交走弱，鲁南小幅下跌，预计本周偏弱为主；

港口方面，卓创数据上周港口库存下降910000 tons,10The first half of the month belongs to the off peak period along the coast, while imported cargo is concentrated in the second half of the month when it arrives at the port; From the perspective of overall supply and demand,9With the recovery of Shenghong and the decrease in imports, the supply and demand have improved month on month, and port inventory has decreased3.810000 tons,10The month is expected to be in a relatively balanced stage, and attention should be paid to whether the production of new devices and fuel related demand can proceed well,4There are still expectations of supply reduction in the quarter, and if unexpected external maintenance cannot be restored in the short term, imports will further decline;

近期随着甲醇的快速上涨外购甲醇制烯烃企业利润较低，部分企业停车，叠加内地市场开始高位调整，短期价格回落可能性较大，关注mto利润以及港口库存变化情况（仅供参考）。