Methanol price trends across China on August 20

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Methanol price trends across China on August 20 Author/Source: Date: 2019-08-20 Clicks: 42 The methanol market in the Northeast region is operating steadily; the prevailing selling prices for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, are around 1900–1950 yuan per ton； The quotes from major traders for goods delivered to Liaoning are around 2100–2150 yuan per ton. The methanol market in Hebei region has seen a slight decline. The export prices of major enterprises in Shijiazhuang are around 2,050–2,100 yuan per ton, a decrease of 50 yuan per ton ； There are few quotes available for the Wen’an area; pay attention to the local downstream purchase prices ； The Tangshan area is around 2,060–2,080 yuan per ton ； The market in Henan Province is operating at a stable level with slight adjustments; the quotes from major companies range from 2,020 to 2,050 yuan per ton, while in Luoyang, negotiations have resulted in prices around 1,980 yuan per ton. The trading atmosphere in the methanol market in Shanxi is moderate. Currently, the export price in Linfen is around 1800–1820 yuan per ton, with some deals seeing a reduction of 30–50 yuan per ton ； In Jincheng, the mainstream price is 1,900 yuan per ton; some contracts have slightly higher prices, and the sales momentum is average ； In Changzhi, the winning bid price is 1,850–1,860 yuan per ton, with transactions at lower prices being the norm ； Lüliang focuses on contract execution ； The maintenance of the Datong facility has not yet been completed. The methanol market in southern Shandong is showing a slight decline; currently, some companies are selling the product at prices around 2160–2180 yuan per ton. Prices for lower-quality products have dropped by 20 yuan per ton, with overall sales volume remaining moderate ； Local security checks have been tightened, and trading activity in the market is sluggish; there are few offers, with investors waiting to see the new price in the northwest. The reference price is around 2100 yuan per ton.