Domestic methanol** is a contract with methanol as the subject matter, which is operated by the Zhengzhou Commodity Exchange and belongs to the chemical sector. Methanol is an important chemical raw material, which occupies an important position in the chemical industry, and is also a recognized clean, efficient and low-carbon liquid fuel, which is increasingly important in transportation and other fields.
The listing of methanol has filled the gap of hazardous chemicals in China, and at the same time, in order to continuously enhance China's innovation ability, six unique varieties of PTA and methanol have been launched. With the concerted efforts of all parties involved in the market, methanol, the first hazardous chemical variety in China, was successfully delivered on March 15, 2012. Market participants believe that the scientific and forward-looking delivery system of methanol ** contract provides a strong guarantee for the smooth completion of the first delivery.
Although the participation of methanol is more active, for the upstream and downstream enterprises in the industry, the participation needs to be improved. At present, the production of methanol in China is mainly divided into coal, natural gas and coke oven gas, of which coal is the main type. As far as domestic methanol production and consumption are concerned, production enterprises are mainly concentrated in Northwest China, while consumer enterprises are mainly concentrated in East China, South China and North China.
Different from other ** varieties that have been marketed in China, methanol is a flammable dangerous goods, and the transportation requirements are strict, and if the transportation radius is too large, it will greatly increase the transportation cost and the incidence of accidents. Therefore, the delivery location and mode of transportation of methanol** need to be carefully planned and arranged.
The fluctuation of methanol is affected by a variety of factors, including upstream raw materials, downstream demand, market supply and demand, etc. Other varieties with a high degree of correlation with methanol include natural rubber, plastics (such as PVC, PP) and coking coal.
Through the trading of methanol**, enterprises can use hedging to control the risks caused by methanol** fluctuations, and improve the scientific rationality of production and operation decisions. The listing of methanol** will provide an effective risk management tool for methanol industry participants, help stabilize market supply and demand, and promote the healthy development of the industry.