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Methanol price trends across China on August 12

2019-10-12View Original

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Methanol price trends across China on August 12 Author/Source: Date: 2019-08-12 Clicks: 1385 The methanol market in the Northeast remains stable; the prevailing selling price for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, is around 1,850 yuan per ton; The quotes from major traders for goods delivered to Liaoning are around 1,950–1,980 yuan per ton. The methanol market in Hebei region remains strong; the typical ex-factory price for enterprises in Shijiazhuang and its surrounding areas is between 1,950 and 2,000 yuan per ton, with prices trending upward toward higher levels ; The reference price in the Tangshan area has stabilized at 1,980 yuan per ton. In the Henan region, the methanol market is showing an uptrend, with market participants maintaining a positive outlook. Some enterprises in northern Henan are negotiating at around 2,030–2,050 yuan per ton. It is also understood that traders in Luoyang are quoting around 2,100 yuan per ton. The methanol market in Shanxi region continues to rise, with the mainstream price ranging between 1,770 and 2,000 yuan per ton. The price in Jincheng has risen significantly to 2,000 yuan per ton; local companies mainly adhere to the contracts signed earlier ; Linfen has risen to 1,880–1,900 yuan per ton ; Retail prices in the Changzhi area have risen by 50 yuan to 1,950 yuan per ton ; The latest auction price for Lüliang is 1,770–1,780 yuan per ton. In the southern Shandong region of southern Lu Nan, the retail prices of methanol at various enterprises have increased by 90 yuan, ranging around 2130–2150 yuan per ton; overall supply is tight ; Traders are offering quotes in the Linyi area without invoices at around 2,110–2,130 yuan per ton, with a positive attitude among industry players. The methanol market in Anhui region is on the rise; market activity is decent, with some companies selling their product at around 2150–2170 yuan per ton on an acceptance basis. The methanol market in the Hunan and Hubei regions showed an upward trend amid fluctuations; caution persisted at the start of the week. In Hubei, the prevailing negotiation price was 2180–2300 yuan per ton, with lower-end manufacturers offering such prices while some higher-end traders provided different quotes ; In the Hunan region, some negotiation prices are around 2,300–2,400 yuan per ton, with most of these quotes coming from traders in Changsha. The methanol market in the southwest region remains stable; caution prevailed at the start of the week, with most companies in Sichuan and Chongqing selling their product at around 1,850–1,920 yuan per ton ; Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 1,960–2,000 yuan per ton.

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