Introduction to the acquisition of a methanol plant in Jiaozuo: Methanol production uses natural gas and O2 steam to form CO and H2.
Release time: 2022-11-25
The introduction of the methanol plant acquisition in Jiaozuo indicates that the profitability of imported methanol has reached a high point, driven by strong demand in the port market. Additionally, the overall spot trading situation of methanol has not shown any significant changes, and the fundamental risks in the stock market have made the methanol market outlook neutral. The methanol market is closely related to the trends of other resource types such as natural gas and oil.
The acquisition of the methanol plant in Jiaozuo introduces methanol as a colorless, flammable, volatile liquid, with a smell similar to ethyl acetate. There has been no substantial change in supply and demand, and the trend of methanol supply has not undergone essential changes. The future trend will also depend on profitability. Currently, methanol prices in China have aligned well with international methanol prices due to the influence of many imported goods in the market. The impact of international trends on domestic prices is also becoming more apparent. Furthermore, under the condition of overall sufficient methanol production capacity, cost conditions and profitability may play a more significant role in adjusting methanol production levels, thus affecting methanol market prices.
The acquisition of the methanol plant in Jiaozuo indicates that the profitability of imported methanol has reached a peak under the strong push from the port market, and the overall spot trading situation of methanol has not shown any substantial changes, leading to a neutral impact on the methanol market.
The acquisition of the methanol plant in Jiaozuo explains that methanol production uses natural gas and O2 steam to form CO and H2! The resulting gas is then purified (conversion, flue gas desulfurization, carbon permeation), and then its pressure is adjusted before entering the synthesis tower. After cooling, it is further purified through a distillation device.
Methanol market trends are closely related to the market trends of natural gas, oil, and other resource types.
The sudden deterioration of the situation in the Middle East has driven rapid increases in gold, oil, and gasoline prices, pushing methanol prices up. In light of this information, short-term supply and demand fundamentals are being overlooked.
The market is stimulated by information, rising to 2255, entering a phase of accelerated growth. The fundamentals and technical indicators are closely linked, accelerating several characteristics of the market.
1. There is a large space.
2. The speed is faster.
3. It is relatively unstable.
Based on these characteristics, the strategy should primarily focus on buying on the rise, which can quickly generate profits. Given the market's instability, it is essential to select positions rationally, especially to cut losses at 2280 to protect profits.
Investors often develop a 'fear of heights' in such markets, fearing to chase prices, always thinking they will fall. To mitigate this, investors need to overcome such psychological cues through practical exercises and can adjust their psychological endurance by controlling their positions. Buying is also necessary, and how to go long can be achieved through some position and point upgrades.
In the 1950s, our country's formaldehyde industry developed at the Shanghai Solvent Plant, using technology from the Soviet Union at that time, employing silver as a metal catalyst. The output pressure was lower than atmospheric pressure, and the air oxidation temperature ranged from 650 to 750 degrees Celsius. Formaldehyde was then diluted with water and entered the air conditioning evaporator to evaporate, completing this production process. With the rapid development of technology, in the mid-1960s, there was a higher demand for the concentration of formaldehyde, and at that time, iron-molybdenum metal oxide catalysts were widely used in formaldehyde production.
Related Blog
The introduction of the methanol plant acquisition in Jiaozuo indicates that the profitability of imported methanol has reached a high point, driven by strong demand in the port market. Additionally, the overall spot trading situation of methanol has not shown any significant changes, and the fundamental risks in the stock market have made the methanol market outlook neutral. The methanol market is closely related to the trends of other resource types such as natural gas and oil.
2024-10-14 11:29
The introduction of the methanol plant acquisition in Jiaozuo indicates that the profitability of imported methanol has reached a high point, driven by strong demand in the port market. Additionally, the overall spot trading situation of methanol has not shown any significant changes, and the fundamental risks in the stock market have made the methanol market outlook neutral. The methanol market is closely related to the trends of other resource types such as natural gas and oil.
2023-05-01 19:17
The introduction of the methanol plant acquisition in Jiaozuo indicates that the profitability of imported methanol has reached a high point, driven by strong demand in the port market. Additionally, the overall spot trading situation of methanol has not shown any significant changes, and the fundamental risks in the stock market have made the methanol market outlook neutral. The methanol market is closely related to the trends of other resource types such as natural gas and oil.
2023-02-21 17:47
Formaldehyde Sales Department
Kang Guoxiang:+86-18039133553
Gao Peng:+86-13243032333
Telephone:+86-391-8069522
Fax:+86-391-8069521
E-mail:RHjqb@163.com
Urotropine Sales Department
Ma Hongbo:+86-13598525675
Zhao Yongkun:+86-13393872779
Telephone:+86-391-8069521
Fax:+86-391-8069521
E-mail:runhuawtb@163.com
Potassium Sulfate Sales Department
Buy Heng:+86-13782709994
Telephone:+86391-8989003
Address: Southwest Village, Motou Town, Boai County, Henan Province
Mobile website
Copyright©2024 Jiaozuo Runhua Chemical Industry Co., Ltd. www.300.cn SEO This site supports IPv6 Privacy Policy