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Methanol price trends across China on August 17

2020-08-18View Original

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Methanol price trends across China on August 17 Author/Source: Business Society Date: 2020-08-17 Clicks: 10 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. At the beginning of the week, most parties adopted a wait-and-see attitude. The prevailing transaction price in Linfen, Shanxi remains stable at 1,370–1,380 yuan per ton, delivered in cash ; The offline price in the Changzhi area is 1,450 yuan per ton, with cash payment upon 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 delivery against cash payment. Supply in this region has decreased recently, so attention is being paid to the production levels of certain companies.   The methanol market in Henan remains stable for now, with buyers adopting a wait-and-see attitude and weak bargaining activity. 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 remains stable, with many buyers adopting a wait-and-see attitude and low levels of inquiry. Hubei enterprises offer stable prices; the ex-factory reference price is 1,585–1,620 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 methanol market in Fujian remains stable, with prices at the main storage areas staying around 1690–1700 yuan per ton, including taxes, at the time of delivery. Spot prices in the region remain strong, and negotiations are at an impasse.

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