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Methanol price trends across China on November 4th

2019-11-16View Original

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Methanol price trends across China on November 4th. Author/Source: Date: 2019-11-04. Clicks: 250. The methanol market prices in the Northeast region remain stable; currently, the ex-plant prices of some companies are around 2000–2050 yuan per ton; Traders are waiting to see the new prices in the northwest; no quotes available for now. Shanxi region: Currently, the price in Linfen is around 1,900–1,920 yuan per ton. Sales have been poor over the weekend, and it is reported that some production facilities have been shut down temporarily ; In Jincheng, the price of some contracts is around 1,920–1,950 yuan per ton; the pace of shipments is slow, and some small production facilities in the area are gradually releasing products over the weekend ; The retail price in Changzhi is 2,050 yuan, with little inventory pressure ; Some enterprises in Datong and Lüliang mainly focus on contract execution. There are few quotes available for the methanol market in Henan Province; most transactions are based on previous contracts. Local companies are selling at around 2,050 yuan per ton. He Mei plans to carry out maintenance work on Wednesday, while shipments in the Luoyang area are being sold at around 2,000 yuan per ton. The market atmosphere is not favorable.

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