Methanol futures market potential has yet to be excavated

Methanol basic products are chemicals , and as an important carrier , it is very crucial link. 'And the methanol is very much related industries , such as formaldehyde , acetic acid , ethylene , dimethyl ether , the amount of downward extension of the market is very considerable. I feel the true potential of methanol futures not yet tapped. ' Chi Qing Zang said , in order to truly make methanol futures ' fire ' up, enterprises need to work together , exchange , futures companies tripartite .Masking tape


For now, although there are some entities have a certain understanding of the futures improved, but the degree of understanding of the different levels and areas still have differences. According to Peng Guan Tong Futures analyst presentation at the end of 2013 consecutive methanol prices rise, east China spot prices and futures price spread widened to 400-500 yuan / ton , the time to buy and why not a futures trader on the exchange , the traders actually think that ' no good cheap goods ' . ' Producers should keep an open mind to understand the operation of the law of the futures market , the use of financial derivatives to assist business management is a big trend in the future , laggards in danger of being eliminated at any time . Of course , companies need to have an understanding of the process to improve their own , but also inseparable from the exchanges and futures companies to promote and guidance. 'Wholesale masking tape


' Methanol futures contracts to 10 t / hand or 30 t / hand is more reasonable. ' Tsang Hing Kwong said the standard set are generally 30 tons a car , if it is 10 tons in one hand , easy to put together, and now 50 tons a bad hand pieced , delivery time will really be too much trouble . In addition, he believes discounts setting should be more reasonable and scientific . In this regard, Zhong Meiyan suggested that since the spot trade flows methanol is relatively stable , according to trade flows should be set premiums and discounts . East China 's Shandong Province freight methanol to 250-300 yuan / ton , the current situation in Shandong 150 yuan / ton premium is clearly not enough, Hebei premium is also low. Should adjust the magnitude of premiums and discounts , bring it closer to the cost of trade flows . In addition, there are many who suggested that it should improve the overall layout of the delivery of the library in the current basis. ' In the southwest region can set up a delivery warehouse . ' Treating exterior syndromes that can reach southward along the Yangtze River in Sichuan , Nanjing , Zhangjiagang , Jiangyin city , such as chemicals , only freight is very low, and with the Lanzhou-Chongqing railway through, along the methanol business can benefit .Washi tape


The industry believes that the ultimate value is reflected in methanol futures market can become the benchmark for pricing and spot trade, to become the industry chain downstream enterprises to provide risk transfer , price discovery tool. It is foreseeable that , as long as the three parties to work together , methanol futures ' second spring ' just around the corner .Sellotape