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Methanol price trends across China on July 7

2020-07-07View Original

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Methanol price trends across China on July 7. Author/Source: Business Society. Date: 2020-07-07. Clicks: 4. The methanol price in the Panjin area has risen by 50 yuan per ton, reaching 1640 yuan per ton when delivered against cash; in the Shenyang area, the price is 20 yuan per ton, resulting in a price of 1700–1720 yuan per ton for cash delivery. Prices have increased due to rises in regions such as Inner Mongolia, and traders are able to sell their goods fairly well. The focus of the methanol market in Henan has shifted upward. The leading enterprises in Henan have not yet provided quotes, while the quotes from other enterprises remain stable. The reference price at the manufacturers’ outlet is 1450–1500 yuan per ton in cash terms; in the Luoyang market, the reference price is 1500–1510 yuan per ton in cash terms. Transactions are mainly on a small-scale basis. The prevailing transaction price in Linfen, Shanxi has risen by 20–30 yuan per ton, reaching 1,430–1,450 yuan per ton for cash delivery ; The online price in the Changzhi area is 1,460–1,470 yuan per ton, with delivery against cash payment ; The prices of mainstream products in the Jincheng area have increased by 10–20 yuan per ton, reaching 1410–1430 yuan per ton for cash delivery ; There are no auctions available in the Lüliang area for now ; In the Yuncheng area, the reference mainstream price has increased by 20 yuan per ton, reaching 1440–1460 yuan per ton, and goods are delivered on a cash basis ; The prevailing transaction price in the Datong area is 1,460 yuan per ton, with cash payment and delivery upon shipment. Currently, the main selling price in auctions ranges from 1,430 to 1,470 yuan. Companies are able to sell their products smoothly, with most of them being shipped to Shandong, Hebei, and Henan. The mainstream reference prices in the Anhui region for methanol have risen by 10–20 yuan per ton, reaching 1510–1520 yuan per ton at the time of delivery and settlement. Supported by favorable external factors, manufacturers are submitting higher price quotes. The methanol market in the Two Lakes region is operating in a regulated manner. Quotations from Hubei enterprises remain stable; the actual ex-factory price is around 1,560–1,600 yuan per ton in cash terms ; The reference price for the Hunan market is 1,720–1,780 yuan per ton in cash, with transactions for smaller orders at lower prices.

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