Methanol price trends across China on August 23

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Methanol price trends across China on August 23 Author/Source: Date: 2019-08-23 Clicks: 1 The methanol market in the Northeast remains stable, with some manufacturers selling their product at around 1900–1950 yuan per ton； The lowest price for delivery in Liaoning has dropped to 1,900 yuan per ton. The methanol market in Hebei region continued to decline. Shijiazhuang: 1,900–1,950 yuan/ton ； The current price in Wen’an is 1,800 yuan per ton, with few transactions taking place ； The prevailing ex-factory price in the Tangshan area is 1,800 yuan per ton. In Shanxi, methanol prices remain slightly lower; currently, the price in Linfen is stable at 1,750–1,780 yuan per ton, with slow progress in order placement ； In Jincheng, the price remains at 1,850–1,860 yuan per ton; order volumes are average, and some large manufacturers may offer slightly lower prices ； The bidding price in Changzhi is 1,800 yuan per ton, while the retail price for external sales is 1,900 yuan, with prices remaining stable ； In Lüliang, the reference price is around 1,620–1,630 yuan per ton; the restarted plants are already producing products. The methanol market in southern Shandong continues to decline; currently, some companies are making sporadic sales at around 2,100 yuan per ton, with poor sales volume ； Traders in the Linyi market are quoting prices of 1,900–1,920 yuan per ton; demand for purchases is moderate, and further developments will need to be monitored. The methanol market in Anhui region is operating in a weak condition; the prevailing selling price in the local market remains around 1,960–1,980 yuan per ton, with actual transaction prices being lower. The methanol market in the southwest region is characterized by weak performance; companies in Sichuan and Chongqing maintain a selling price of 1,880–1,980 yuan per ton. Sales are moderate, while inventory levels are on the rise. Currently, the price for delivery to that area for negotiation is 2,050–2,100 yuan per ton. The spot market for methanol in Fujian remains weak; the spot prices in the main storage areas are around 2,090–2,100 yuan per ton, with modest transaction volume.