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Methanol price trends across China on October 11

2019-10-11View Original

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Methanol price trends across China on October 11 Author/Source: Date: 2019-10-11 Clicks: 2 The methanol market in Henan remains stable, with traders showing a more cautious attitude; some companies in northern Henan are negotiating prices around 2280–2300 yuan per ton. It is also understood that traders in Luoyang are quoting around 2,250 yuan per ton. The methanol market in Shanxi is operating in a stable manner, with the prevailing price ranging from 2,180 to 2,230 yuan per ton. Most enterprises in Jincheng have suspended parking operations or reduced production, with the main manufacturers focusing on fulfilling existing contracts ; The price of mainstream products in Linfen increased by 10 yuan, ranging from 2220 to 2230 yuan per ton ; The major enterprises in Yuncheng have resumed operations, but pricing has not yet been restored ; The retail price in the Changzhi area is 2,250 yuan per ton ; The main units in the Lüliang area have been put into operation, and auctions will resume soon. The retail price of methanol in southern Shandong remains stable at around 2,400–2,410 yuan per ton, with many manufacturers choosing to wait and maintain current prices ; Traders are quoting around 2,390–2,400 yuan per ton without invoices; the pace of restocking has slowed down slightly, and the trading atmosphere is rather mediocre. The methanol market in northern Jiangsu has stabilized, with local prices remaining around 2,420–2,450 yuan per ton; the atmosphere in terms of market transactions has become less active. The methanol market in Anhui region is stable, with decent trading activity in the market. The export price for some companies is around 2,330–2,380 yuan per ton. The methanol market in the Hunan and Hubei regions remains stable, with downstream buyers purchasing based on their needs. In Hubei, the prevailing negotiation price is 2420–2500 yuan per ton; this is the price offered by mainstream manufacturers for lower-quality products, while some traders quote higher prices for higher-quality products ; Some negotiations in the Hunan region are around 2,600 yuan per ton, with most quotes coming from traders in Changsha.

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