Methanol price trends across China on December 16

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Methanol price trends across China on December 16 Author/Source: Business Society Date: 2019-12-16 Clicks: 38 The methanol market in the Northeast remains stable with a wait-and-see attitude; currently, some manufacturers are selling at around 2100 yuan per ton, and sales are decent； Traders have no quotes available for the Liaoning area for now, waiting to see the new prices in the northwest. Prices in the methanol market in Henan region remain stable. Local companies are selling at 1,970 yuan per ton; prices are slightly higher for smaller orders, with contracts being the main form of transactions. In the Luoyang area, the prevailing selling price is around 1,930–1940 yuan per ton. Demand is weak, leading to a sluggish market situation. Shanxi region: The methanol market continued to decline locally. Currently, in Linfen, the reference price is around 1,900–1,910 yuan per ton, with a slight decrease of 10 yuan per ton in some areas. Sales are moderate, and some companies have stopped production ； Some contracts in Jincheng refer to a price of around 1,880–1,900 yuan per ton ； The retail price in Changzhi remains stable at 2,000 yuan per ton ； Tendering for some enterprises in Lüliang – to be monitored.