Methanol price trends across China on August 8

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On August 8, methanol price trends across various regions in China. Author/Source: Date: August 8, 2019. Click-through rate: 20. In the Hebei region, negotiations regarding methanol prices continued to rise; the prevailing ex-factory prices for enterprises in Shijiazhuang and its surrounding areas hovered around 1,950 yuan per ton. Overall, market trading activity remained robust； 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 for now. The methanol market in Henan remains stable, with an improving trading atmosphere; some enterprises in northern Henan are discussing prices around 1,930–1,950 yuan per ton. Additionally, quotes from Luoyang traders are around 1,900–1,930 yuan per ton. 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 2050–2100 yuan per ton for their main product. The shipment volumes of methanol producers in northern Shandong vary; in the central and eastern parts of Shandong, the ex-plant prices have increased by 30 yuan on average, ranging from 1950 to 2060 yuan per ton ； Traders in nearby areas such as Dongying and Zibo are quoting prices around 1,980–2,000 yuan per ton, with market sentiment following suit. Sales performance of methanol producers in southern Shandong has improved; the retail prices for these companies in southern Shandong have risen by around 30 yuan, ranging between 2,000 and 2,020 yuan per ton. There is a relatively high concentration of plant shutdowns for maintenance work ； Traders in the Linyi area quote around 1,990–2,000 yuan per ton for products without invoices, and the industry as a whole is optimistic. The methanol market in the southwest region is stable, with the main selling price for some enterprises in Sichuan and Chongqing ranging around 1,820–1,920 yuan per ton ； Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are negotiating prices around 1,950–1,980 yuan per ton. The methanol market in the Two Lakes region remains 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 of the market, while some traders offer higher prices ； In the Hunan region, some negotiation prices are around 2,200–2,250 yuan per ton, with most of these quotes coming from traders in Changsha.