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Methanol price trends across China on August 27

2019-08-27View Original

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Methanol price trends across China on August 27. Author/Source: Date: 2019-08-27. Clicks: 8. The methanol market in the Northeast region is showing a downward trend. The mainstream price is 1,800–1,900 yuan per ton ; The price for goods sourced from other regions and delivered to the Liaoning market is around 1,900 yuan per ton. The methanol market in Hebei region remains stable; there was caution at the start of the week, with prices in Shijiazhuang around 1,850–1,900 yuan per ton ; No quotes available for the Wen’an area at present; awaiting prices from upstream suppliers ; The price in Tangshan remains stable at 1,800 yuan per ton. The methanol market in Henan is operating in a weak condition; the selling prices for local companies have dropped to around 1,850–1,880 yuan per ton, while the price in Luoyang is around 1,830–1,850 yuan per ton. In the Shanxi region, the starting price for methanol in Linfen is 1,660 yuan per ton; attention is being paid to the transaction results. Other manufacturers are offering a price of 1,750 yuan per ton ; In Jincheng, the price for some contracts is 1,770–1,780 yuan per ton; shipments are slow, and it is expected that new orders will be priced around 1,750 yuan per ton ; Changzhi’s winning bid is 1,700–1,770 yuan per ton ; The winning bid price for Guxian is 1,730–1,740 yuan per ton ; Lüliang focuses on contract digestion. In the northern Shandong region, the selling price of methanol produced by enterprises in that area remains stable at around 2100–2120 yuan per ton; sales volume is average ; Traders in Dongying, Zibo and other areas have submitted few quotes; most remain at 1,820–1,850 yuan per ton. Actual transaction prices will need to be monitored, with quotes from the northwest region being common in those areas. The methanol market in southern Shandong is operating in a weak condition; currently, some companies are making sporadic shipments at around 1,960 yuan per ton ; Quotations in the market are chaotic, and sales performance is poor; goods from other regions cost 1,880 yuan per ton. The methanol market in Anhui region is operating in a weak condition; the quotes from major manufacturers remain around 1,960–1,990 yuan per ton, with actual transaction prices being slightly lower.

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