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Methanol price trends across China on September 9

2019-09-10View Original

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Methanol price trends across China on September 9 Author/Source: Date: 2019-09-09 Clicks: 16 The methanol market in Hebei remains stable; the ex-plant price for enterprises in Shijiazhuang and its surrounding areas is between 1,950 and 2,000 yuan per ton. At the beginning of the week, there was a strong atmosphere of caution in the market, with businesses waiting for offers from the northwest region; The reference price in the Tangshan area remains stable at 2,010 yuan per ton. The methanol market in Henan remains stable, with cautious trading activity; some companies in northern Henan are negotiating prices around 1,970–2,000 yuan per ton. It is also reported that traders in Luoyang are quoting prices around 1,970–1,980 yuan per ton. In southern Shandong, the retail price of these products has been reduced by 60 yuan; in some areas it has increased by 10 yuan, reaching around 2040–2050 yuan per ton. Most manufacturers have not yet set prices for these products ; Traders quote 2,040–2,050 yuan per ton without an official price list; there are expectations of an improvement in downstream demand, while industry players adopt a cautious attitude. The methanol market in northern Jiangsu has seen a decline of 30–40 yuan per ton; the current price level there is around 2070–2120 yuan per ton, with prices leaning towards the lower end. There is a strong atmosphere of caution among market participants. The methanol market in Anhui region remains stable; at the beginning of the week, manufacturers offered few quotes, and participants adopted a cautious attitude, preferring to wait and observe. For some enterprises, the prevailing selling price is around 2,100 yuan per ton on a acceptance basis. The methanol market in the Two Lakes region remains stable, with a strong sense of caution prevailing among market participants. In Hubei Province, the prevailing negotiation range is 2,130–2,200 yuan per ton; this represents the prices offered by major manufacturers at the lower end, while some traders quote higher prices at the upper end ; In the Hunan region, some negotiation prices are around 2,250–2,300 yuan per ton, with most of these quotes coming from traders in Changsha. The methanol market in the southwest region remains stable; new prices have not been set yet at the beginning of the week, and there is a strong atmosphere of caution among market participants. The main selling price for some enterprises in Sichuan and Chongqing is around 1,830–1,980 yuan per ton ; Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 2,050–2,060 yuan per ton. The spot market for methanol in Fujian is operating at a stable level; the transaction prices in the main storage areas of Quangang are around 2,120 yuan per ton, while prices in Xiamen range from 2,120 to 2,130 yuan per ton. At the beginning of the week, there was a strong atmosphere of caution in the market.

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