Business News Agency July 13 hearing on the 12th, the price of methanol ** affected by the international crude oil prices fell sharply and the fundamentals are weak and other negative factors, the price of low shocks down.

In terms of fundamentals, the operation of major domestic installations is still stable. It is expected that around the 15th, due to the restart of Jiutai, Yankuang Yulin plant, the market supply began to recover; demand: the market demand for formaldehyde, methylal is flat, and the atmosphere for market trading is normal; Demand for dimethyl ether continued to slump, and there was no obvious improvement. Cost pressures increased, and most companies chose to reduce the production of load. The supply of acetic acid in the market was stable, and the inventory of some manufacturers decreased.

In summary, fundamental aspects, the gradual recovery of market supply in the latter part of the year, coupled with sluggish demand in the downstream, spot prices are weak on the upside and steadily declined in the latter part; in the macroeconomic aspect, the economic trend continues to be sluggish, commodity prices are weak and difficult to change; Affected by the above factors, the weaker volatility oscillates and declines. It is recommended that investors should be able to operate in the short-term and the long-term operation direction still needs to wait for the expected outcome of the Fed meeting on the FOMC meeting on QE3 at the end of the month.