Thread Content
Methanol price trends across China on June 28. Author/Source: Business Society. Date: 2020-06-29. Clicks: 3. The methanol price in the Panjin area remains stable at 1,590 yuan per ton, ex-works; in the Shenyang area, it stays at 1,680–1,700 yuan per ton, ex-works. At present, most people are adopting a wait-and-see attitude. The prevailing transaction price in Linfen, Shanxi remains stable at 1,420–1,440 yuan per ton, delivered in cash ； The offline price in the Changzhi area has stabilized at 1,520 yuan per ton, with delivery against cash payment ； The prevailing transaction price in the Jincheng area has stabilized at 1,400 yuan per ton, with cash payment upon delivery ； There are no auctions available in the Lüliang area for now ； No new prices available in Yuncheng area yet ； The prevailing transaction price in the Datong area is 1,430 yuan per ton, paid in cash at delivery; sales have been halted. Currently, companies are mainly fulfilling existing contracts, with fewer new orders being placed. Recently, some companies have completed their maintenance work, leading to an increase in supply. In the Fuyang market of Anhui region, the mainstream reference price for methanol has dropped by 10 yuan per ton, reaching 1490–1500 yuan per ton for delivery on credit. Supply is ample; factories mainly focus on fulfilling prior contract orders, while demand from downstream markets is somewhat modest. The methanol market in Henan remains stagnant. Production has resumed in Hebi, Henan; no price available yet. For other companies, the export price is around 1,530 yuan per ton in cash upon delivery. It is said that the price with an advance payment is even lower ； Quotations in the Luoyang market declined slightly; negotiation prices are around 1,490 yuan per ton in cash terms, with weak trading activity.