Methanol price trends across China on August 12

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Methanol price trends across China on August 12 Author/Source: Date: 2019-08-12 Clicks: 35 The methanol market in the Northeast remains stable; the prevailing 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 shipped from Liaoning are around 1,950–1,980 yuan per ton. The methanol market in Hebei region remains strong; the typical ex-factory price for enterprises in Shijiazhuang and its surrounding areas is between 1,950 and 2,000 yuan per ton, with prices trending upward toward higher levels ； The reference price in the Tangshan area has stabilized at 1,980 yuan per ton. In the Henan region, the methanol market is showing an upward trend, with market participants adopting a positive stance. Some enterprises in northern Henan are negotiating at around 2,030–2,050 yuan per ton. Additionally, Luoyang traders are quoting at around 2,100 yuan per ton. The methanol market in Shanxi region continues to rise, with the mainstream price ranging from 1,770 to 2,000 yuan per ton. The price in Jincheng has risen significantly to 2,000 yuan per ton; local companies mainly adhere to the contracts signed earlier ； Linfen has risen to 1,880–1,900 yuan per ton ； Retail prices in the Changzhi area have risen by 50 yuan to 1,950 yuan per ton ； The latest auction price for Lüliang is 1,770–1,780 yuan per ton. In the southern Shandong region of the southern Lunan area, the retail prices of methanol producers have generally increased by 90 yuan, now hovering around 2,130–2,150 yuan per ton. Overall, the supply remains relatively tight ； Traders are quoting around 2,110–2,130 yuan per ton for the Linyi area without invoices, and the industry mood is positive. The methanol market in Anhui region is on the rise; market activity is decent, with some companies selling their product at around 2150–2170 yuan per ton on an acceptance basis. The methanol market in the Hunan and Hubei regions showed an upward trend amid volatility; caution persisted at the start of the week. In Hubei, the prevailing negotiation price was 2180–2300 yuan per ton, with lower-end manufacturers setting such prices while some higher-end traders offered different rates ； In the Hunan region, some negotiation prices are around 2,300–2,400 yuan per ton, with most of these quotes coming from traders in Changsha. The methanol market in the southwest region remains stable; caution prevailed at the start of the week, with most companies in Sichuan and Chongqing selling their product at around 1,850–1,920 yuan per ton ； Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 1,960–2,000 yuan per ton.