Methanol price trends across China on August 21

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Methanol price trends across China on August 21 Author/Source: Date: 2019-08-21 Clicks: 6 The methanol market in the Northeast region remains stable; the prevailing selling prices for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, are around 1,900–1,950 yuan per ton； The quotes from major traders for goods shipped from Liaoning are around 2,000–2,050 yuan per ton. The methanol market in Hebei region has dropped significantly. The price in Shijiazhuang is around 1,950–2,050 yuan per ton, down 50 yuan per ton from yesterday ； The price in Wen’an is around 1,870–1,880 yuan per ton; transactions are made for small quantities only ； The prevailing price in the Tangshan area is 2,060 yuan per ton. Trading in the methanol market in Henan region is weak, with local actual orders showing weakness. The main export price has dropped to around 1,970–2,000 yuan per ton, and some acceptance prices are also at this level. Shipments from places such as Luoyang have dropped to around 1,950–1,970 yuan per ton, and it is expected that market activity will remain sluggish in the short term. In the Shanxi region, the price of methanol has continued to decline recently; currently, the price for delivery in Linfen is 1,750–1,800 yuan per ton, with a moderate sales pace ； The expected price for new orders in Jincheng is around 1,850–1,870 yuan per ton; some prices are slightly higher and remain stable at 1,900 yuan per ton, though sales performance is poor ； Some contracts in Lüliang: 1,730 yuan per ton ； The retail price in Changzhi is 1,900 yuan per ton ； It remains at the previous level in Datong; the facility has not yet recovered. In northern Shandong, methanol prices continued to fall. Major companies in the central and eastern regions were selling at around 2150–2200 yuan per ton, a decrease of 30–50 yuan per ton compared to yesterday; sales volume was moderate ； Traders in Dongying and Zibo areas are quoting prices between 1,900 and 1,920 yuan per ton, with transactions at lower prices being the norm. The atmosphere for market discussions in Anhui is subdued. The mainstream price remains around 2,080–2,120 yuan per ton; actual transaction prices are lower, with actual orders playing a key role. Market activity is expected to remain low in the short term.