As we all know, the current consumption of methanol products in China to methanol consumption of the first project, accounting for more than four percent, the traditional downstream products seem to light industry vision, Adidas Zx Flux Homme but if we are formaldehyde, dimethyl ether, acetic acid, MTBE, DMF and other traditional downstream Summary, the traditional Chinese consumption of traditional methanol can still be maintained at 40% level, the data has been more than five years ago, 70% fell sharply.
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Figure 1 shows that with the gradual evolution of methanol and downstream industries, MTO / P and other emerging downstream product demand gradually increased, the type of downstream in 2013 only about 15% of methanol consumption, followed by two years of rapid development, the current consumption Methanol methanol more than 20 million tons, accounting for 42%. With the formaldehyde, dimethyl ether, acetic acid as the representative of the traditional downstream in 2010-2012 consumption of methanol 65% – 73%, 2013 after gradually from 50% to 41%, the type of downstream products generally face overcapacity, business Start is not high and industry restructuring and upgrading and other issues.
From the main downstream industry profit in 2017, most of the traditional downstream products profit better than expected, while the emerging downstream product earnings are poor, the situation is slightly different than last year.
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China’s traditional methanol downstream products since the beginning of March 2017, some significant improvement in profits, before the 2016 formaldehyde and dimethyl ether generally at a loss, only acetic acid average remained at 135 yuan / ton profit. In 2017, the profitability of these products improved significantly, New Balance 1400 homme largely due to the trend of raw material prices, since January China’s average profit of 87 yuan / ton, dimethyl ether average profit of 91 yuan / ton, acetic acid average profit of 332 yuan / ton The
Compared with the traditional downstream products, China’s new downstream products, poor profitability. Monomer, since January to take outside the methanol-based propylene monomer has been at a loss, in May began a slight improvement in the situation; However, from the port outside the methanol to olefins comprehensive profitability, Nike Air Max 90 Femme Fleur the performance was significantly better than the single profit.
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Overall, the majority of downstream products, methanol, Nike Sb femme profits in fact since 2017 has been gradually improved, especially in the traditional downstream industry, although there are environmental checks and other aspects of pressure, Jordan 2017 Homme but formaldehyde, dimethyl ether, adidas superstar 80s femme acetic acid and other industry profits are better than last year The same period, the improvement of downstream earnings for the methanol market rebounded higher laid the foundation.
On the recent methanol market, new balance 574 the rebound in the market within the week, from the fundamental point of view, Shaanxi and Mongolia area part of the planned equipment scheduled maintenance, and Henan, Shanxi area of ​​environmental protection equipment parking maintenance, nike air zoom pegasus 32 homme supply a slight tightening, the majority of mainland enterprises Actively push up the main; the port in the crude oil rebound driven chemical products driven by the performance is still available, futures also showed a low rally, from 2250 gradually climbed to 2310-2320. Nike Air Max 2017 homme Although the current performance is acceptable, but the late there are traditional downstream demand off-season, some of the olefin maintenance, etc., the venue long and short intertwined,