Methanol price trends across China on August 22

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Methanol price trends across China on August 22. Author/Source: Date: 2019-08-22. Clicks: 31. The methanol market in the Northeast region is showing a downward trend. The mainstream factory price is 1,900–1,950 yuan per ton ； The price for goods sourced from other regions and delivered to the Liaoning market is 2,000–2,050 yuan per ton. The methanol market in Hebei region continues to decline, with prices in Shijiazhuang around 1,900–2,000 yuan per ton, a drop of 50 yuan per ton ； Wen’an: 1,830–1,850 yuan per ton; transactions are rare ； The price in the Tangshan area remained stable at 2,060 yuan per ton. The methanol market in Henan province is performing poorly, with prices trending downward; the selling prices for local companies have dropped to around 1,950–1,970 yuan per ton, while prices for some products purchased on credit are slightly higher. Shipments from places such as Luoyang have dropped to around 1,900 yuan per ton, and the market is expected to remain sluggish in the short term. In northern Shandong, methanol prices declined slightly. Companies in the central and northern regions sold it at around 2150–2180 yuan per ton; prices were slightly lower for shipments to areas outside this region, while high-end products saw a price reduction of 20 yuan per ton. Sales volume remained average ； Traders are offering prices in the range of 1,850–1,880 yuan per ton for the Dongying area today, with the market remaining quiet and on the sidelines. The methanol market in southern Shandong is in a state of wait-and-see; currently, some companies are making sporadic shipments at around 2,130 yuan per ton, a decrease of 10 yuan per ton ； Most suppliers in the Linyi market have not provided quotes; a few traders have offered prices ranging from 1,920 to 1,950 yuan per ton, and further developments are pending. The methanol market in Shanxi remains stable with little change; currently, the price in Linfen is 1,750–1,780 yuan per ton, and sales are at a moderate level ； In Jincheng, the reference price is 1,850–1,870 yuan per ton; some orders have seen a decrease of 30 yuan per ton. The pace of delivery remains moderate for now, and attention is being paid to the new orders placed by certain companies ； Changzhi Retail News: 1,900 yuan per ton, mainly through contract sales ； In Lüliang, some prices are around 1,700 yuan per ton or slightly lower ； The Datong facility is under maintenance. The methanol market in the Two Lakes region is performing moderately, with an overall weak trend. In Hubei region, the price is 2230–2300 yuan per ton; shipments are made by local companies at the lower end of this range, while high-end products are sold by traders in Wuhan. In the Changsha area of Hunan, the price is around 2300–2350 yuan per ton, with quotes mainly coming from traders in Changsha.