Methanol price trends across China on January 19

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Methanol price trends across China on January 19 Author/Source: Business Society Date: 2020-01-19 Clicks: 625 The methanol market in Fujian is sluggish; some offers for delivery are around 2,500 yuan per ton, and there is not much supply available in the market. Trading in the methanol market in the Two Lakes region is sluggish. The company’s quotes remain stable, at 2200–2310 yuan per ton; the price at the factory is around 2150–2160 yuan per ton ； The Hunan market is operating at a stable level, with reference prices around 2,330–2,350 yuan per ton. As the Spring Festival holiday approaches, many businesses have closed, resulting in few actual business discussions. Trading in Henan’s methanol market is sluggish. The company has not submitted any quotes at the moment; the previous quote was 2,050 yuan per ton. Most traders have closed down for the holiday. In the Luoyang area, the price is around 2,030–2,060 yuan per ton, based on previous quotes. With the Spring Festival holiday approaching, market activity is low.