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Methanol price trends across China on September 8

2020-09-09View Original

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Methanol price trends across China on September 8. Author/Source: Business Society. Date: 2020-09-08. Clicks: 38. The price of methanol in the Panjin area rose by 100 yuan per ton, reaching 1,720 yuan per ton when delivered against cash; in the Shenyang area, the price increased by 100 yuan per ton, reaching 1,850 yuan per ton for cash delivery. These price increases were driven up by rising prices in regions such as Inner Mongolia. The prevailing transaction price in Linfen, Shanxi has risen by 30–110 yuan per ton, reaching 1,550–1,580 yuan per ton for cash delivery ; In the Changzhi area, online auctions result in prices of 1580–1620 yuan per ton, with delivery upon cash payment ; The prices of mainstream products in the Jincheng area have risen by 90–100 yuan per ton, reaching 1600–1610 yuan per ton for cash delivery ; In the Lüliang area, the auction price has reached 1,550–1,560 yuan per ton, with cash payment required at delivery ; In the Yuncheng area, the reference price has increased by 80 yuan per ton, reaching 1,580–1,650 yuan per ton in cash upon delivery ; The prevailing ex-plant price in the Datong area is 1,520 yuan per ton, with cash settlement at delivery. Suppliers maintain a price-holding attitude, with traders contributing to price increases. Quotations in Henan’s methanol market are rising, while buyers remain cautious; transactions are mainly on a small scale. Henan-based companies have raised their quotes; the actual ex-plant price is around 1630–1700 yuan per ton in cash terms ; The reference price for the Luoyang market is 1,680–1,720 yuan per ton in cash. In the Qinghai region, the price of methanol has risen by 40 yuan per ton, reaching 1,420 yuan per ton in cash upon delivery; actual prices can be negotiated, and the trading atmosphere is favorable. The mainstream reference price for methanol in the Anhui region has risen by 20 yuan per ton, reaching 1,820–1,840 yuan per ton on an acceptance basis. Supported by market conditions in ports and inland areas, sentiment in the market remains stable, with manufacturers offering prices at high levels. The methanol market in the Two Lakes region is generally on the rise, with many buyers adopting a wait-and-see attitude. Hubei-based companies have raised their quotes; the reference price at the factory is 1860–1880 yuan per ton ; Quotations for the Hunan market are on the rise; the reference price is 2000–2100 yuan per ton in cash.

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