Thread Content
Methanol price trends across China on April 17 Author/Source: Business Society Date: 2020-04-17 Clicks: 7 The methanol price in the Panjin area remains stable at 1,820 yuan per ton, ex-works; in the Shenyang area, it stays at 1,880–1,900 yuan per ton, ex-works. The prices specified in previous contracts continue to apply, with few new deals being concluded. The prevailing ex-plant price of methanol in Hebei remains stable at around 1,650 yuan per ton in cash terms; market transactions are steady, with downstream buyers mainly adhering to existing contracts. Negotiations in Henan’s methanol market are declining. Enterprises in Henan have lowered their quotes; the reference price at the factory is 1650–1700 yuan per ton in cash terms. In the Luoyang market, the quote is around 1620 yuan per ton in cash terms. Buyers are adopting a wait-and-see attitude, and actual transactions remain limited. The prevailing transaction price in Linfen, Shanxi has dropped by 30 yuan per ton, to 1,510–1,520 yuan per ton ex-works in cash ； In the Changzhi region, the offline price is 1,700 yuan per ton on a cash-at-delivery basis ； The prevailing transaction prices in the Jincheng area have dropped by 20–30 yuan per ton, reaching 1,550–1,580 yuan per ton ex-works in cash ； There are currently no auctions in the Lüliang region ； The prevailing transaction price in the Yuncheng area is 1,550 yuan per ton, ex-plant in cash ； The prevailing transaction price in the Datong area is 1,640 yuan per ton, ex-plant in cash. Market inquiries are weak; close attention should be paid to the number of new orders completed each day. In central Shandong, the local delivery price for methanol in the market remains stable at 1,720–1,830 yuan per ton in cash upon delivery; for now, a wait-and-see attitude prevails, with most transactions being carried out under previous contracts. Trading in the methanol market in the Two Lakes region is weak. Hubei-based companies are offering stable prices; the reference price is 1830–1850 yuan per ton in cash terms, while the actual price at the factory is around 1780–1800 yuan per ton in cash terms ； Negotiations in the Hunan market are weakening; quotes range around 1830–1850 yuan per ton, with buyers adopting a wait-and-see attitude.