China Methanol Import and Export Data Analysis in August 2021

According to customs data, in August 2021, China imported a total of 1,019,900 tons of methanol, an increase of 4.61% year-on-year and 15.15% YoY, with an average import price of $337.32/ton this month; methanol exports totaled 24,100 tons, an increase of 109.57% YoY and 5.70% YoY, with an average export price of $379.58/ton this month.

据海关数据显示，2021年8月份，中国甲醇进口总数量101.99万吨，同比增加4.61%，环比增加15.15%，本月进口均价337.32美元/吨；甲醇出口总量2.41万吨，同比增加109.57%环比增加5.70%，本月出口均价379.58美元/吨。

So far, from January to August, China's cumulative methanol imports totaled 7.760 million tons, with a cumulative average import price of US$324.10/ton, down 6.67% year-on-year; cumulative exports totaled 281,900 tons, with a cumulative average export price of US$343.69/ton, up 111.53% year-on-year.

截至目前，1-8月份中国甲醇累积进口总量776.05万吨，累积进口均价324.10美元/吨，同比减少6.67%；累计出口总量28.19万吨，累积出口均价343.69美元/吨，同比增加111.53%。

Among the top three countries in August imports: UAE, Oman, Trinidad and Tobago; accounting for 39%, 35% and 11% of total imports, respectively. South American shipments arrived in narrow increments during the month, Trinidad sources of goods increased more significantly.

其中8月份进口数量前三的国家：阿联酋、阿曼、特立尼达和多巴哥；分别占进口总量的39%、35%、11%。南美地区船货月内到港窄幅增量，特立尼达货源增幅较为明显。

In August, the amount of methanol import shipments arrived in Hong Kong increased widely, during the month, Europe and the United States and India and other peripheral U.S. dollar price strong pull up, some sources of goods transferred to the high price of regional arbitrage, resulting in non-Iranian shipments arrived in the domestic arbitrage goods less, the Middle East recent device operation is mostly stable, a comprehensive view, the estimated total amount of methanol imports in September 1.05-1.1 million tons, still need to pay attention to the actual loading situation in early September and the subsequent unloading speed We still need to pay attention to the actual loading situation in early September and the subsequent unloading speed.

8月份甲醇进口船货抵港量宽幅增加，月内欧美以及印度等周边美金价格强势拉涨，部分货源转移至价高区域套利，导致非伊船货抵达国内套利货量偏少，中东地区近期装置运行大多稳定，综合来看，预估9月份甲醇进口总量105-110万吨，仍需关注9月初实际装船情况以及后续卸货速度。