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Methanol price trends across China on August 25

2020-08-25View Original

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Methanol price trends across China on August 25 Author/Source: Business Society Date: 2020-08-25 Clicks: 1 The methanol price in the Panjin area dropped by 50 yuan per ton, reaching 1,550 yuan per ton when delivered against cash; in the Shenyang area, the price remained stable at 1,680 yuan per ton for cash delivery. Prices have declined due to falling freight costs. The methanol market in Qinghai remains stable for now, with the leading manufacturers not yet announcing new prices for this week. The mainstream transaction price is around 1,160–1,250 yuan per ton for cash payment at delivery; higher prices can be negotiated in actual cases, and transaction volumes are good. In Linfen, Shanxi, the mainstream transaction price has dropped by 20 yuan per ton, reaching 1370–1400 yuan per ton for cash delivery ; The online price in the Changzhi area is 1,410–1,430 yuan per ton, with delivery against cash payment ; The prevailing transaction price in the Jincheng area has dropped by 10 yuan per ton, to 1380 yuan per ton for cash delivery ; In the Lüliang region, the auction price ranges from 1,370 to 1,380 yuan per ton, with delivery upon cash payment ; In the Yuncheng area, the reference mainstream price has dropped by 30 yuan per ton, reaching 1,400–1,530 yuan per ton for cash delivery ; There are no new prices in the Datong area this week. Bidding results for various companies are satisfactory; the mainstream price ranges from 1,370 to 1,430 yuan per ton, with delivery in cash, and companies are proceeding with normal shipments. In Linfen, Shanxi, the mainstream transaction price has dropped by 20 yuan per ton, reaching 1370–1400 yuan per ton for cash delivery ; The online price in the Changzhi area is 1,410–1,430 yuan per ton, with delivery against cash payment ; The prevailing transaction price in the Jincheng area has dropped by 10 yuan per ton, to 1380 yuan per ton for cash delivery ; In the Lüliang region, the auction price ranges from 1,370 to 1,380 yuan per ton, with delivery upon cash payment ; In the Yuncheng area, the reference mainstream price has dropped by 30 yuan per ton, reaching 1,400–1,530 yuan per ton for cash delivery ; There are no new prices in the Datong area this week. Bidding results for various companies are satisfactory; the mainstream price ranges from 1,370 to 1,430 yuan per ton, with delivery in cash, and companies are proceeding with normal shipments. The prevailing reference price for methanol in the Anhui region is 1,625–1,650 yuan per ton on an acceptance basis. Sales are satisfactory, inventory pressure is low, and the pricing offered by manufacturers remains stable. The methanol market in the Two Lakes region saw slight adjustments, with cautious buying interest and mostly small-scale inquiries. The quotes from the key enterprises in Hubei have been reduced, while those from other enterprises remain stable; the actual ex-factory price is around 1595–1600 yuan per ton in cash terms ; For negotiations in the Hunan market, a reference price is 1,750–1,800 yuan per ton in cash. The methanol market in Fujian region is on the rise; prices at major storage areas have increased by 20 yuan per ton, reaching around 1720–1740 yuan per ton including taxes. The atmosphere for spot negotiations was average, with limited deals closed.

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