Methanol price trends across China on December 18

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Methanol price trends across China on December 18 Author/Source: Business Society Date: 2019-12-18 Clicks: 41 The methanol market in Hebei is operating in a weak state; prices for shipments in Shijiazhuang and Dingzhou are around 2,000–2,050 yuan per ton, with prices generally declining after such reductions； Traders are quoting 1,950 yuan/ton for the Wen’an area; there are many shutdowns in downstream sheet mills, resulting in fewer purchase orders ； The price in Tangshan is 2,170 yuan per ton. The methanol market in Henan remains stable. Local companies are selling at prices of 1,900–1,950 yuan per ton, while some others are offering the product at the same price range through acceptance arrangements. In the Luoyang area, sales are mainly at around 1,920 yuan per ton, with sluggish sales activity. The methanol market in Shanxi region is showing a slight decline. Currently, in Linfen, the reference price is around 1,830–1,880 yuan per ton; there has been a reduction of 20 yuan per ton in some areas. Some plants that were temporarily shut down have now resumed operations ； Some contracts in Jincheng refer to a price of around 1,850–1,890 yuan per ton ； The retail price in Changzhi is 1,900 yuan per ton ； Tongmei’s contract price this week is around 1,850–1,860 yuan per ton ； Some enterprises in Lüliang focus on contract execution.