Thread Content
Methanol price trends across China on September 17 Author/Source: Business Society Date: 2020-09-17 Clicks: 4 The methanol price in the Panjin area remains stable at 1,720 yuan per ton, ex-works; in the Shenyang area it is stable at 1,850 yuan per ton, ex-works. Traders are selling at a moderate pace, and downstream inventories are currently high, resulting in supply exceeding demand. The prevailing price of methanol in the Qinghai region remains stable at 1,450 yuan per ton ex-warehouse in cash; actual prices can be negotiated, 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 ； The offline price in the Changzhi area is 1,680 yuan per ton, with cash payment required for delivery ； The prevailing transaction price in the Jincheng area has stabilized at 1,620 yuan per ton, with delivery against cash payment ； No new prices available in the Lüliang area yet ； In the Yuncheng area, the reference mainstream price remains stable at 1,600–1,650 yuan per ton, with delivery in cash ； The prevailing ex-plant price in the Datong area is 1,530 yuan per ton, with delivery against cash payment. Currently, enterprises mainly focus on fulfilling orders, paying attention to the demand in the downstream consumption areas. The prevailing price in the Anhui region for methanol is 1,860–1,880 yuan per ton, ex-warehouse and on credit; demand comes mainly from downstream users and traders with immediate needs, so production companies currently face no significant inventory pressure. The methanol market in Henan is operating in an orderly manner. International crude oil prices are rising, with the futures market fluctuating at high levels. The methanol market in Henan shows strong bidding prices, but buying interest is somewhat weak. For enterprises in Henan, the actual ex-plant price is around 1,680–1,730 yuan per ton in cash terms, while prices in the Luoyang market range from 1,720 to 1,740 yuan per ton. The methanol market in the Two Lakes region is operating at a stable level for now; buying interest is weak, and market activity has slowed down. Hubei enterprises offer stable prices, with a reference Out of factory price of 1900–1930 yuan per ton ； The quoted price for the Hunan market is around 2,030–2,100 yuan per ton. Negotiations in the methanol market in Fujian are sluggish; prices in the main storage areas remain stable at around 1,990–2000 yuan per ton, including taxes, for delivery from the warehouses. Market buying interest is limited; there are many small-scale deals negotiated on the spot, and transaction volumes remain low.