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Methanol price trends across China on March 6

2020-03-09View Original

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Methanol price trends across China on March 6 Author/Source: Business Society Date: 2020-03-06 Clicks: 127 The prevailing selling price in Linfen, Shanxi remains stable at 1,720–1,730 yuan per ton, ex-works in cash; The offline price in the Changzhi area has stabilized at 1,780 yuan per ton, ex-works in cash ; The price of mainstream products in Jincheng area has risen by 20 yuan/ton, reaching 1,740 yuan/ton ex-works in cash ; The previous contract price is applied in the Lüliang area ; The prevailing transaction price in Yuncheng area has stabilized at 1,850 yuan per ton, ex-works in cash ; The prevailing transaction price in Datong remains stable at 1,720 yuan per ton ex-works in cash; sales have been suspended. The prevailing transaction price in Linfen, Shanxi remains stable at 1,720–1,730 yuan per ton, ex-works in cash ; The offline price in the Changzhi area has stabilized at 1,780 yuan per ton, ex-works in cash ; The price of mainstream products in Jincheng area has risen by 20 yuan/ton, reaching 1,740 yuan/ton ex-works in cash ; The previous contract price is applied in the Lüliang area ; The prevailing transaction price in Yuncheng area has stabilized at 1,850 yuan per ton, ex-works in cash ; The prevailing transaction price in Datong remains stable at 1,720 yuan per ton ex-works in cash; sales have been suspended. In southern Shandong, offers for methanol have dropped by 30–40 yuan per ton, reaching around 1900–1910 yuan per ton in cash terms. In Linyi, local methanol is offered at around 1900 yuan per ton, while methanol delivered via logistics is offered at around 1810–1830 yuan per ton. The recovery of formaldehyde is limited, and corporate attitudes are generally indifferent. Negotiated prices in the methanol market in Dongying, Shandong, have weakened to 1,860–1,870 yuan per ton ex-warehouse and in cash; deals are expected to be struck this afternoon at or slightly below that level. The reference quotes for the methanol market in Anhui region remain stable at 1,940–1,950 yuan per ton ex-plant on credit; trading volume in the market is low, while companies continue to offer stable prices. The methanol market in Fujian remains stable; in Quangang, some deals are at 2050–2070 yuan per ton including taxes, with weak trading activity ; No discussions with suppliers in the Xiamen area have been heard of.

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