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Methanol price trends across China on December 6

2019-12-07View Original

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Methanol price trends across China on December 6 Author/Source: Business Society Date: 2019-12-06 Clicks: 31 The pricing by methanol manufacturers in Hebei region remained stable, with prices in Shijiazhuang and Dingzhou remaining around 2100–2150 yuan per ton; Traders have lowered their quotes for the Wen’an area to 2,030–2,050 yuan per ton. Since February 7th, when Hebei issued a level-two warning, the operations of some downstream sheet mills in that region have been affected ; Quotations in the Tangshan area remain stable at 2,150 yuan per ton. The methanol market in Henan region has seen only slight fluctuations. Local companies are selling the product at prices ranging from 2,000 to 2,030 yuan per ton; some companies offer slightly higher prices for cash payments. In the Luoyang area, the prevailing selling price is around 1,970 to 1,980 yuan per ton, with overall sales activity remaining modest. The methanol market in Shanxi region has seen a partial increase. Currently, in Linfen, the reference price is around 1950–1970 yuan per ton, with local increases of 10–20 yuan per ton; some facilities in the area are scheduled to restart on Saturday ; Some contracts in Jincheng refer to a price of around 1,880–1,900 yuan per ton ; The retail price in Changzhi has been increased by 20 yuan per ton, resulting in a price of 2,000 yuan per ton; there is no significant pressure on inventory levels ; Tongmei’s contract price remains stable at 1,960 yuan/ton this week ; Some enterprises in Lüliang focus on contract execution. The methanol market in Anhui region has seen slight adjustments, with prices in the local market currently ranging around 1,980–2,050 yuan per ton.

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