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In April, the energy market fell more and less, and the trend was sluggish. Of the 12 products monitored, only 3 products rose and 9 products fell. Among them, methanol led the rise in energy products, an increase of 5.81%; LPG led the drop, a drop of 6.53%.

The chemical market showed a weak consolidation last month. Among the 68 chemical products, 24 products rose, accounting for 35.3% of the monitored varieties. The top five gainers were: acetic acid, a monthly increase of 12.88%; phenol, a monthly increase of 9.88%; urea The monthly increase of 8.61%; phosphate rock, a monthly increase of 5.68%; styrene, a monthly increase of 5.08%. The top five decliners are: Chloroform, with a monthly drop of -23.49%; Adipic acid, a monthly drop of -15.98%; HFC-134a, a monthly decrease of -10.23%; Bromide, a monthly drop of -7.50%; Hexafluoropropylene, The monthly decline is -7.14%.

In the context of both international oil prices and liquefied petroleum gas prices, the contrarian trend of methanol and dimethyl ether is strong, which is rare in recent years. There are indications that the self-initiated trade unions from Europe and the United States are jointly boycotting Iranian methanol, while shipowners and insurance agencies on the shipping market are increasingly reluctant to involve products related to Iranian sanctions. Since Iran is China's largest importer of methanol, its imports account for about 40% of its total imports (about 6 million tons per year), and import impediment has begun to affect domestic supply. In addition, the port price continued to increase sharply, which also drove up the methanol market in the mainland. The recent Inner Mongolia Xin'ao, Zhongyuan Dahua, Shanxi Coking, Heilongjiang Yidaxin, Shanxi Everbright Coking, Quzhou China Railway and some other manufacturers overhaul, but also play a role in fueling the rise in methanol prices.

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