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Methanol price trends across China on December 12

2019-12-13View Original

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Methanol price trends across China on December 12 Author/Source: Business Society Date: 2019-12-12 Clicks: 32 Northeast region: The methanol market in Heilongjiang has stabilized after a rise; currently, the ex-plant price for some companies is around 2100 yuan per ton, with improved transportation conditions; Transactions in the Liaoning area are rare; some local traders are selling at lower prices, with reported prices as low as 2100 yuan per ton. In the Hebei region: The export price in Shijiazhuang and Dingzhou areas is generally around 2,100–2,150 yuan per ton; some lower-quality products are sold at 2,050 yuan per ton, with average export prices prevailing ; Traders report that the transaction price in the Wen’an area is around 2,030 yuan per ton, with purchases being made by end-users who have an urgent need for these products ; 2,150 yuan per ton in the Tangshan area. The methanol market in Henan remains weak; local companies sell the product at 1,970–2,000 yuan per ton, while some smaller orders are sold at a slightly higher price. In the Luoyang area, the typical selling price is around 1,950–1,960 yuan per ton. Overall, sales volume is low. The methanol market in Shanxi region saw slight, localized adjustments. Currently, in Linfen, the reference price is around 1,910–1,920 yuan per ton, with normal shipment volumes ; In Jincheng, some contracts refer to a price of around 1,880 yuan per ton, or slightly higher ; The retail price in Changzhi remains stable at 2,000 yuan per ton, with moderate inventory pressure ; Tongmei will implement a price of 1,930 yuan per ton this week ; For some contracts in Lüliang, the price is around 1,900–1,950 yuan per ton. The methanol market in southern Shandong remains weak; currently, local companies are offering prices of 2,030 yuan per ton, a decrease of 10–30 yuan per ton compared to previous levels ; Parking of panels in Linyi; weak demand for formaldehyde, and moderate demand for methanol. Currently, some traders are quoting prices around 2,020–2,030 yuan per ton in Linyi, with a continued downward trend. The methanol market in the Two Lakes region remains stable. In Hubei, the prevailing selling price is around 2060–2150 yuan per ton, while in Changsha, Hunan, the price is around 2150–2200 yuan per ton; these prices are mainly provided by traders based in Changsha.

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