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Methanol price trends across China on September 24

2020-09-25View Original

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On September 24, methanol price trends across various regions in China. Author/Source: Business Society. Date: September 24, 2020. View count: 23. In the Panjin area of Liaoning Province, methanol prices remained stable at 1,630 yuan per ton, with delivery against spot payment. In Shenyang, methanol prices also stayed steady at 1,750 yuan per ton, also delivered against spot payment. Traders reported satisfactory sales volumes, while downstream buyers are currently focusing on stockpiling. In the Qinghai region, the prevailing price of methanol this week remains stable at 1,450 yuan per ton for cash payment upon delivery; actual prices can be negotiated, and the trading atmosphere is favorable. In Linfen, Shanxi, the prevailing transaction prices for high-end products have dropped by 10–50 yuan per ton, reaching 1500–1570 yuan per ton for cash delivery ; The offline price in the Changzhi area is 1,650 yuan per ton, with cash payment at delivery ; In the Jincheng region, the prevailing transaction price decreased by 50 yuan/ton to 1,630–1,680 yuan/ton on a cash-at-delivery basis ; There are no auctions available in the Lüliang area for now ; In the Yuncheng area, the price remains stable at 1,590–1,700 yuan per ton, with delivery against cash payment ; The prevailing ex-plant price in the Datong area is 1,480 yuan per ton, with delivery against cash payment. Enterprise shipments within the region vary, with each company adjusting its strategies according to its own circumstances in preparation for the two festivals. The methanol market in Henan is experiencing downward fluctuations with weak trading activity. Quotations from Henan-based enterprises have seen a slight decline; the ex-works reference price is 1,700 yuan per ton ; Quotations in the Luoyang market have been reduced, with a reference price of 1700 yuan per ton. The mainstream price of methanol in the Anhui region has dropped by 20 yuan per ton, reaching 1800–1810 yuan per ton for delivery against acceptance; futures prices are fluctuating downward, market sentiment is unstable, and most participants are adopting a wait-and-see approach. Trading in the methanol market in the Two Lakes region is sluggish. Hubei enterprises offer stable prices, with a reference Out of factory price of 1900–1930 yuan per ton ; The reference price for the Hunan market is 2,020–2,100 yuan per ton. Summary of the methanol market situation in Fujian region: Quotations from major storage areas remain stable at around 1,930 yuan per ton, including taxes, for delivery from the storage facilities. There is little demand, resulting in limited transactions.

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