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Methanol price trends across China on November 21

2019-11-22View Original

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Methanol price trends across China on November 21 Author/Source: Date: 2019-11-21 Clicks: 37 The methanol market in the Northeast region remains stable, with some manufacturers selling their product at around 2000–2050 yuan per ton; Traders are offering prices of 2,090–2,100 yuan per ton for some products in the Liaoning area, and purchasing by downstream users has essentially come to an end. The methanol market in the Hunan and Hubei regions remains stable. In Hubei, the selling price is 2,020–2,130 yuan per ton, with local companies handling the sales at the lower end prices, while traders in Wuhan are responsible for sales at the higher end prices. In Changsha, Hunan, the selling price is around 2,180–2,250 yuan per ton, with most of these prices offered by traders in Changsha. The methanol market in Hebei region remains stable with little variation; prices in Shijiazhuang and Dingzhou areas are around 1,900–1,950 yuan per ton, while some high-end products are priced at 2,000 yuan per ton ; Traders have raised their quotes for the Wen’an region slightly to 1,980–2,000 yuan per ton; supply is limited, and there is a tendency to hold back sales ; 2,100 yuan per ton in the Tangshan area. Local methanol producers in Henan region are selling their product at 1,930 yuan per ton; some of these 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 some traders offering slightly higher prices; actual transactions are based on negotiation. The methanol market in Shanxi region remained stable with slight fluctuations. Currently, in Linfen, prices are around 1,830–1,860 yuan per ton; prices for high-end products have seen a slight decline ; Some contracts in Jincheng refer to around 1,840 yuan per ton ; Changzhi retail: 1,880 yuan per ton ; Tongmei’s contract price this week is 1,890 yuan per ton ; Some enterprises in Lüliang mainly rely on contract-based shipments.

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