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Methanol price trends across China on July 22

2020-08-02View Original

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Methanol price trends across China on July 22 Author/Source: Business Society Date: 2020-07-22 Clicks: 134 The methanol market in Henan remains stable, with sluggish trading activity; traders are cautious. Some companies are selling at prices of 1450–1500 yuan per ton, while some traders in Luoyang are offering prices around 1440–1450 yuan per ton. The methanol market in Shanxi region continues to decline; the local average price ranges from 1,350 to 1,430 yuan per ton. In Jincheng, the average price is 10–20 yuan lower, at 1,400–1,410 yuan per ton, with moderate sales volume ; The price in Linfen has dropped to 1,350–1,380 yuan per ton ; Changzhi retail price: 1,450 yuan per ton, based on contracts ; Lüliang: 1,380 yuan per ton ; Yuncheng: 1,380 yuan per ton ; The latest price in Datong is 1,370 yuan per ton. The methanol market in Anhui region is trading in a narrow range, with moderate activity in the market; suppliers are cautious, and some companies are offering prices around 1,520–1,540 yuan per ton. The methanol market in the Hunan and Hubei regions has shown some weakness, with a moderate trading atmosphere; Hubei-based companies are generally negotiating prices around 1550–1580 ; Some traders in Hunan region are quoting prices around 1700-1750. The methanol market in the southwest region is experiencing weak fluctuations, with traders holding a cautious attitude; some companies in Sichuan and Chongqing are offering prices ranging from 1,450 to 1,530 yuan per ton ; Some traders in Chengdu are discussing prices around 1630-1640. The methanol market in Fujian remains weak; the prevailing negotiation prices in Quangang and Xiamen are stable at 1,630–1,640 yuan per ton, with modest volume of spot transactions.

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