Methanol price trends across China on August 7

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Methanol price trends across China on August 7 Author/Source: Date: 2019-08-07 Clicks: 38 The methanol market in the Northeast region is weakening; the average selling price for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, is around 1,850 yuan per ton； The quotes from major traders for goods delivered to Liaoning are around 1,950 yuan per ton. Negotiations in the methanol market in Hebei region are on the rise; the typical ex-plant price for enterprises in Shijiazhuang and its surrounding areas is 1,900–1,930 yuan per ton, with suppliers inclined to push prices higher ； The delivery price in the Wen’an area is 1,880–1,900 yuan per ton (without invoice) ； The reference price in the Tangshan area remains stable at 1,950 yuan per ton. In the Henan region, the methanol market remained stable, with downstream buyers making purchases as needed. Negotiations among some enterprises were conducted at around 1,900–1,950 yuan per ton. Additionally, quotes from Luoyang traders are around 1,870–1,880 yuan per ton. The shipment volumes of methanol producers in northern Shandong vary; the prevailing ex-plant prices in central and eastern Shandong range from 1,950 to 2,030 yuan per ton ； Traders in nearby areas such as Dongying and Zibo are quoting prices around 1,980–2,000 yuan per ton, with few offers available. Sales performance of methanol producers in southern Shandong varies; the retail price for companies in southern Shandong has generally increased by 20 yuan, reaching around 1,970 yuan per ton ； Traders in the Linyi area quote around 1,970 yuan per ton for products without invoices, and sales are performing fairly well. The methanol market in Anhui region saw a slight increase; trading activity in the market was fairly good, with some companies offering prices of around 2050–2070 yuan per ton for their main product. The methanol market in the Hubei and Hunan regions is stable; in Hubei, the prevailing negotiation price is 2130–2200 yuan per ton, which corresponds to the prices offered by mainstream manufacturers at the lower end, while some traders propose higher prices for higher-quality products ； In the Hunan region, some negotiations are taking place at around 2,200–2,250 yuan per ton; these are mostly quotes provided by traders in Changsha. The spot market for methanol in Fujian is on the rise; the spot prices in the main storage areas of Quangang have increased to around 2,120 yuan per ton, while the spot prices in Xiamen are also around 2,120 yuan per ton.