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Methanol price trends across China on August 13

2020-08-13View Original

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Methanol price trends across China on August 13 Author/Source: Business Society Date: 2020-08-13 Clicks: 1 The methanol price in Panjin, Liaoning, remains stable at 1,600–1,650 yuan per ton when delivered against cash; in Shenyang, the price stays at 1,680 yuan per ton for cash delivery. Traders are selling at a moderate pace, while downstream buyers make purchases according to their needs. The prevailing transaction price in Linfen, Shanxi remains stable at 1,370–1,380 yuan per ton, with cash payment upon delivery ; The offline price in the Changzhi area is 1,450 yuan per ton, with cash payment at delivery ; The prevailing transaction price in the Jincheng area has stabilized at 1,400 yuan per ton, with delivery against cash payment ; There are no auctions available in the Lüliang area for now ; In the Yuncheng area, the reference market price remains stable at 1,390–1,530 yuan per ton, with delivery against cash payment ; The prevailing transaction price in the Datong area is 1,360 yuan per ton, with cash payment and delivery upon shipment. The company has few new orders; most of its activities involve fulfilling existing contracts. The methanol market in Henan is operating steadily, with a moderate trading atmosphere in the market. Henan-based companies offer stable prices, with a reference Out of factory price of 1450–1470 yuan per ton ; The reference price for the Luoyang market is 1,470–1,480 yuan per ton in cash. The methanol market in the Two Lakes region is operating steadily, with moderate trading activity in the market. Hubei-based companies offer stable prices; the ex-plant reference price is 1585–1620 yuan per ton in cash ; For negotiations in the Hunan market, a reference price is 1,720–1,780 yuan per ton in cash. The mainstream reference price in the Anhui region for methanol has risen by 40 yuan per ton, reaching 1600–1610 yuan per ton at the time of delivery and settlement. Port prices remain strong; local manufacturers are able to ship their products fairly well, with stable quotes. The prevailing transaction price of methanol in the Qinghai region remains stable at 1,160–1,250 yuan per ton upon delivery in cash; higher prices can be negotiated on a case-by-case basis, while transaction volumes are generally moderate. The methanol market in Fujian region is on the rise; prices at major storage areas have increased by 20 yuan per ton, reaching around 1660–1680 yuan per ton including taxes at the time of delivery. The atmosphere for spot negotiations at the market was poor, with average transaction volumes.

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