Thread Content
Methanol price trends across China on May 12 Author/Source: Business Society Date: 2020-05-12 Clicks: 44 In Inner Mongolia, the ex-plant prices of some manufacturers along the northern route increased by 30 yuan per ton this week, reaching 1,480 yuan per ton in cash at the time of delivery; sales volume was average； No bid has been made for the southern route yet. The prevailing ex-warehouse price of methanol in the area around Shijiazhuang, Hebei is around 1,600–1,620 yuan per ton in cash terms. The market trading atmosphere is fairly good, and local factories have low inventory levels. The methanol market in Henan is showing slight consolidation. Quotations from Henan-based enterprises remain stable; the actual ex-factory price is around 1550–1580 yuan per ton in cash terms ； Prices in the surrounding areas are declining; the market price in Luoyang is around 1,560–1,580 yuan per ton in cash terms. There is a lot of hesitation on the buying side, and deals are few and far between. In southern Shandong, the prevailing offer price for methanol remains stable at around 1720 yuan per ton in cash terms. In Linyi, the local supply price is approximately 1650–1660 yuan per ton, without invoice; while the price for goods delivered via logistics is around 1610 yuan per ton. Most in the downstream sector are on the sidelines, and the market atmosphere has turned dull. The bidding price in the methanol market in northern Jiangsu remains stable at around 1,720–1,730 yuan per ton in cash terms; there are no significant changes in supply and demand, the market atmosphere has returned to a rational level, and most players are adopting a wait-and-see attitude. The methanol market in Fujian region is declining; in some of the main storage areas, prices have dropped by 20-30 yuan per ton, reaching around 1600 yuan per ton including taxes. There is little interest from buyers in the market, and sales are moderate. The methanol market in Fujian region is declining; in some of the main storage areas, prices have dropped by 20-30 yuan per ton, reaching around 1600 yuan per ton including taxes. There is little interest from buyers in the market, and sales are moderate.