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Methanol price trends across China on November 19

2019-11-21View Original

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Methanol price trends across China on November 19 Author/Source: Date: 2019-11-19 Clicks: 64 The methanol market in the Northeast region is operating at a stable level; currently, some companies are offering Out of factory prices in the range of 2,000–2,050 yuan per ton. The blizzard has stopped, and transportation is expected to resume tomorrow; Traders are offering around 2,100 yuan per ton for some products in the Liaoning area, but sales are not good. The methanol market in Henan region has seen only slight fluctuations. Local companies are selling at 1,920 yuan per ton; some companies have not yet set new prices and are continuing to adhere to the previous contracts. In the Luoyang area, the prevailing selling price is around 1,900 yuan per ton, with a clear tendency among traders to wait and observe before making decisions. The methanol market in Shanxi region remains stable with slight fluctuations. Currently, in Linfen, the reference price is around 1,880–1,900 yuan per ton ; The price of some contracts in Jincheng has risen to around 1,850–1,860 yuan per ton; attention is being paid to the outcomes of new deals this week ; Tendering is taking place in Changzhi today; the starting price is 1,810 yuan per ton, with the transaction price ranging from 1,840 to 1,850 yuan per ton ; The contract price for Tongmei coal is 1,890 yuan per ton; sales have been suspended at present ; Some enterprises in Lüliang are holding tenders today, while others mainly rely on contract execution. The methanol market in southern Shandong is seeing positive price increases; some local companies have raised prices to 1,990–2,000 yuan per ton, an increase of 20–40 yuan per ton ; Traders have raised their quotes for goods destined for the downstream areas of Linyi; locally produced goods are now priced at around 2,000 yuan per ton, an increase of about 20 yuan per ton, while goods from other regions are in short supply. The methanol market in the Two Lakes region has seen slight adjustments: in Hubei, the selling price is 2,020–2,130 yuan per ton, with local companies handling the sales at the lower end levels, while traders in Wuhan are responsible for sales at the higher end. In Changsha, Hunan, the selling price is around 2,180–2,250 yuan per ton, with prices mainly set by traders in Changsha. The methanol market in the southwest region is showing weak consolidation. In certain areas of the mainland market, prices fluctuated; for some enterprises in Sichuan and Chongqing, the reference price at the factory was around 1820–1900 yuan per ton ; Currently, the quoted prices in the Chengdu market are around 2,000–2,010 yuan per ton (including taxes), with demand from downstream sectors still driven primarily by essential needs.

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