Methanol price trends across China on September 11

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Methanol price trends across China on September 11 Author/Source: Business Society Date: 2020-09-11 Clicks: 4 The methanol price in Panjin, Liaoning remains stable at 1,720 yuan per ton when delivered against cash; in Shenyang, the price stays at 1,850 yuan per ton for cash delivery. Traders are making normal shipments, while downstream users purchase as needed. The methanol price in the Qinghai region remains stable at 1,420 yuan per ton for cash payment upon delivery; negotiations are possible, and the trading atmosphere is favorable. The prevailing transaction price in Linfen, Shanxi remains stable at 1,580–1,600 yuan per ton, with cash payment upon delivery ； In the Changzhi area, the offline price has increased by 20 yuan per ton, reaching 1670 yuan per ton; delivery is available against cash payment ； The prevailing transaction price in the Jincheng area has stabilized at 1,600–1,610 yuan per ton, ex-warehouse and in cash ； There are no auctions available in the Lüliang area for now ； In the Yuncheng area, the reference market price remains stable at 1,600–1,650 yuan per ton, with delivery against cash payment ； The mainstream ex-plant price in the Datong area is 1,520 yuan per ton, with delivery against cash payment. Corporate shipments are decent, with most activities focused on fulfilling contracts; attention is also paid to the bidding situation in northern Shandong in the afternoon. Negotiations in Henan’s methanol market have weakened, with moderate trading activity in the market. The latest factory price from key enterprises in Henan is 1,660 yuan per ton ； Quotations in the Luoyang market have declined, with a reference price of 1640–1660 yuan per ton. In the Anhui region, the prevailing reference price for methanol remains at 1,800–1,820 yuan per ton on an acceptance basis. Futures prices are volatile, some downstream users are fulfilling prior orders, and market transactions remain steady. The methanol market in the Hunan and Hubei regions is operating at a stable level, with moderate market activity. Hubei enterprises offer stable prices, with a reference Out of factory price of 1880–1900 yuan per ton ； Quotations in the Hunan market remain stable at 2,000–2,100 yuan per ton.