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Methanol price trends across China on November 14

2019-11-16View Original

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Methanol price trends across China on November 14 Author/Source: Date: 2019-11-14 Clicks: 67 The methanol market in the Northeast region remains stable, with factory prices ranging around 2,000–2,050 yuan per ton; Traders are quoting stable prices of 2,030–2,050 yuan per ton for goods from Inner Mongolia in the Liaoning area, and the main phase of transactions has already been completed. The methanol market in Hebei region remains weak; prices in Shijiazhuang and Dingzhou areas are around 1,920–1,950 yuan per ton, down by 30–50 yuan per ton ; Traders are quoting around 1,900 yuan per ton for the Wen’an area, with sporadic transactions taking place ; 2,200 yuan per ton in the Tangshan area. The methanol market in Henan is on a downward trend. Local companies are selling at 1,930 yuan per ton; deals for smaller quantities are priced slightly higher. Some companies focus on fulfilling existing contracts, while in the Luoyang area, the prevailing selling price is around 1,890 yuan per ton. The methanol market in Shanxi region saw slight adjustments. Currently, in Linfen, the reference price is around 1,800–1,840 yuan per ton, with contracts being the main basis for pricing ; In Jincheng, the reference price for some contracts is around 1,820–1,850 yuan per ton; attention should be paid to any adjustments in new orders in the future ; The retail price in Changzhi is 1,880 yuan per ton ; Tongmei contract price: 1,820 yuan/ton ; Lüliang focuses on contract execution. Lu Nan region: Currently, some companies are making sporadic shipments at prices around 1,940–1,950 yuan per ton, with fluctuations in these prices ; Traders have slightly reduced their quotes to downstream board mills and formaldehyde plants in Linyi to 1,930 yuan per ton, with a continued weak market trend. The methanol market in the Two Lakes region is operating at a stable level. In Hubei, the selling price is 2,000–2,100 yuan per ton; shipments are made by local companies at lower prices, while higher-end products are sold by traders in Wuhan. In Changsha, Hunan, the selling price is around 2,150–2,250 yuan per ton, with prices mainly set by traders from Changsha. The methanol market in the southwest region is showing weak consolidation, with some enterprises in Sichuan and Chongqing offering prices around 1850–1900 yuan per ton at the factory gate ; Currently, the quoted price in the Chengdu market is around 2,030 yuan per ton (including taxes), with demand from downstream sectors still driven primarily by essential needs.

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