Methanol price trends across China on November 15

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Methanol price trends across China on November 15 Author/Source: Date: 2019-11-15 Clicks: 10 The methanol market in Hebei region saw slight fluctuations, with prices at around 1900–1950 yuan per ton in Shijiazhuang and Dingzhou areas； Due to the reduction in transport vehicles, traders have raised their quotes for the Wen’an area slightly to around 1,930 yuan per ton ； The price at the factory in the Tangshan area is 2,230 yuan per ton. The methanol market in Henan region is performing poorly; local companies are selling at 1,920 yuan per ton in some cases, while others focus on fulfilling their contracts. In the Luoyang area, the prevailing selling price is around 1,860–1,870 yuan per ton, with weak sales activity. The methanol market in southern Shandong is operating at a stable level; currently, some companies are making sporadic shipments at prices around 1,930–1,940 yuan per ton, while a few lower-end suppliers have reduced their prices by 20 yuan per ton ； Traders have maintained a price of 1,930 yuan per ton for the plate mills and formaldehyde plants downstream in Linyi; production of formaldehyde in these facilities is at normal levels, which keeps prices low. The methanol market in Anhui region has seen slight adjustments; the prevailing selling price in the local market is around 1,930–1,980 yuan per ton, driven by essential purchasing needs on the part of downstream users.