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Methanol price trends across China on July 21

2020-08-02View Original

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Methanol price trends across China on July 21 Author/Source: Business Society Date: 2020-07-21 Clicks: 133 The methanol market in the Northeast remains stable; companies in Heilongjiang are selling their product at around 1,650 yuan per ton, while major traders are offering prices of 1,650–1,670 yuan per ton for deliveries to Liaoning. The methanol market in Hebei remains weak; the ex-plant price for enterprises in Shijiazhuang and its surrounding areas is between 1,500–1,530 yuan per ton. Demand support is weak, and the local key enterprises have not yet announced any new prices ; The reference price in the Tangshan area remains stable at 1,580 yuan per ton. The methanol market in Henan remains stable, with moderate trading activity; operators are cautious. Some companies are offering prices of 1,520 yuan per ton on credit, while some traders in Luoyang are quoting prices around 1,460 yuan per ton. The methanol market in Shanxi is showing a downward trend while remaining stable; the local average price ranges from 1,370 to 1,460 yuan per ton. In Jincheng, the average price is 10 yuan lower, at 1,420 yuan per ton, with moderate sales volume ; The prevailing price in Linfen is between 1,370 and 1,400 yuan per ton; bids from local key enterprises failed to win the auctions ; Changzhi auction: 1,410–1,430 yuan/ton ; Lüliang: 1,400 yuan/ton ; The latest auction price in Xiaoyi is 1,390 yuan per ton ; Yuncheng: 1,400 yuan/ton ; The latest price in Datong this week is 1,410 yuan per ton. The methanol market in Anhui is operating weakly, with futures prices falling; trading activity in the spot market is moderate. Some companies are offering prices of around 1,530–1,550 yuan per ton. The methanol market in the southwest region is experiencing weak fluctuations, with moderate demand from downstream industries; some companies in Sichuan and Chongqing are quoting prices between 1,480 and 1,530 yuan per ton ; Some traders in Chengdu are discussing prices around 1660-1670. The methanol market in Fujian remains weak; the prevailing negotiation prices in Quangang and Xiamen are around 1,630–1,640 yuan per ton, with modest volume of spot transactions.

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