Methanol price trends across China on December 17

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Methanol price trends across China on December 17 Author/Source: Business Society Date: 2019-12-17 Clicks: 77 The methanol market in Hebei is showing a weak trend; prices in Shijiazhuang and Dingzhou are around 2,000–2,050 yuan per ton, a decrease of 50 yuan per ton； There are no current quotes for the Wen’an area; people are waiting to see the new prices in the northwest. Many plate manufacturers downstream have stopped operations, and formaldehyde factories have reduced their production volumes ； The price in the Tangshan area is 2,170 yuan per ton. The methanol market in Henan region remains weak; local companies are selling at 1,900–1,950 yuan per ton, while some others are offering the product at this same price. In the Luoyang area, the prevailing selling price is around 1,920–1,930 yuan per ton, and there is limited interest from downstream buyers. The methanol market in the Shaanxi and Inner Mongolia regions remains weak. Currently, the prevailing selling price in this area is around 1,800–1,860 yuan per ton, while prices for some transactions in northern Shaanxi are around 1,830 yuan per ton ； In some areas of Inner Mongolia, the price is around 1,830–1,850 yuan per ton; currently, shipments are at a normal level.