Thread Content
Methanol price trends across China on February 18 Author/Source: Business Society Date: 2020-02-18 Clicks: 22 Methanol prices in Shanxi region are rising. The prevailing transaction price in Linfen has risen by 70–80 yuan per ton, reaching 1600–1620 yuan per ton ex-works in cash ; In the Changzhi area, online auctions result in prices of 1,570–1,660 yuan per ton, ex-plant and in cash ; The prevailing transaction price in the Jincheng area is 1,550 yuan per ton, ex-works in cash ; Prices for Lüliang and Yuncheng are not available yet ; The prevailing transaction price in Datong is 1,600 yuan per ton, ex-works in cash. Transportation in this area has improved; there are more vehicles than before, and traders are more enthusiastic about stocking up goods. The ex-factory price of methanol in southern Shandong remains stable at around 1,800–1,850 yuan per ton. There are no available quotes for goods delivered to Linyi locally, nor are there any quotes for goods transported via logistics. Most MTOs focus on receiving goods. As of now, there are no clear factory prices available for methanol in central Shandong. The Mingshui plant is not issuing contracts for northern Shandong today; only limited purchases are being made in western Shandong. Hualu has no exports at the moment. The price for shipments through the alliance remains stable at 1,900 yuan per ton. In the methanol market in northern Jiangsu, the ex-plant price of some products has temporarily stabilized at 1,950 yuan per ton in cash terms, while most products still have no pricing yet. Corporate sentiment remains stable for now. The methanol market in Fujian remains stable; some negotiations are at 2150–2170 yuan per ton including taxes, with low transaction volume.