Methanol price trends across China on August 19

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Methanol price trends across China on August 19. Author/Source: Date: 2019-08-19. Clicks: 3. The methanol market in the Northeast region remains stable for now. The prevailing price in the Qitaihe and Shuangyashan areas is 1,900–1,950 yuan per ton ； The price for goods sourced from other regions and delivered to the Liaoning market is 2100–2150 yuan per ton. The methanol market in Henan region is operating weakly, with average transaction volumes. Leading manufacturers quote prices in the range of 2,030–2,050 yuan per ton, with prior contracts taking precedence. Shipments from places such as Luoyang have dropped to around 2,000 yuan per ton. Market prices in the Shanxi region range from 1,810 to 2,020 yuan per ton. Currently, the price for shipments from Linfen is 1,830 to 1,850 yuan per ton, while the flow of goods to Shandong is gradually slowing down ； The new price in Jincheng is not yet clear; some new orders are expected to be priced at 1,900–1,920 yuan per ton, with poor shipment conditions ； In Changzhi, digestion through contracts is the main approach, with a retail price of 2,020 yuan per ton ； For some contracts in Lüliang, the price is 1,810 yuan per ton; expectations for new orders have been lowered. The methanol market in southern Shandong has seen a slight decline; currently, some companies are selling the product in small quantities at around 2,180 yuan per ton, a decrease of 20 yuan per ton, with moderate sales volume ； Affected by a fire at a certain factory, environmental safety inspections have been intensified; buying interest in the market is weak, transactions are sluggish, and priority is given to fulfilling existing contracts. The selling price of methanol by the major manufacturers in northern Shandong is around 2,200–2,230 yuan per ton, showing a slight decline; sales performance is average ； Traders in nearby areas such as Dongying and Zibo are offering few quotes; they mainly focus on fulfilling existing contracts. It is reported that the transaction price is around 1,960–1,980 yuan per ton, and buyers are cautious when making purchases. In the southwestern region, there is a strong atmosphere of caution in the methanol market. The production facilities in Sichuan and Chongqing are operating steadily, and currently the price for shipments is around 1860–1980 yuan per ton. Currently, the price at that location for negotiation purposes is between 2,080 and 2,150 yuan per ton; the lower-end grades do not come with invoices. There is steady demand from downstream users within the region, but trading activity is moderate.