Report on Related Products of Methanol

Dimethyl alcohol, as the traditional downstream of methanol, has been affected by excess capacity 、single demand and lack of relevant policy guidelines in recent years, resulting in dimethyl alcohol can not show significant performance.which causing dimethyl alcohol to fail to show significant performance.

Dimethyl alcohol, as the main raw material of methanol, has a high unit consumption, so it is sensitive to the price change of methanol.

The trend of dimethyl alcohol and methanol remained highly consistent.In the first three quarters of 2018, methanol in China were in a high range compared with previous years. In order to balance the cost pressure, most dimethyl alcohol manufacturers followed up the raw materials passively.

In the first three quarters of 2018, the price of glacial acetic acid in China was running at a high level, which became the highest point in 10 years. From January to August, the average price of glacial acetic acid in the mainstream market increased by more than 6.7% compared with the same period last year. Its profit value was about 1883 yuan per ton. Compared with last year, its annual average value has increased by more than 300%, and its profitability has greatly improved. Glacial acetic acid is less sensitive to the price fluctuation of raw material methanol, and can absolutely accept high-level raw materials. Profit transmission is relatively smooth here.