Thread Content
Methanol price trends across China on September 28 Author/Source: Business Society Date: 2020-09-28 Clicks: 23 The methanol price in the Panjin area remains stable at 1,570 yuan per ton, ex-warehouse; in the Shenyang area it is stable at 1,750 yuan per ton, ex-warehouse. Traders are able to sell their goods fairly well, while downstream manufacturers are currently focusing on stockpiling. 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 1,500–1,530 yuan per ton, with delivery on cash basis ; The offline price in the Changzhi area is 1,650 yuan per ton, with cash payment upon delivery ; The prevailing transaction price in the Jincheng area remains stable at 1,610 yuan per ton for cash delivery; some companies offer slightly lower prices ; In the Lüliang area, the auction price has reached 1,480 yuan per ton, with cash payment required for delivery ; In the Yuncheng area, the price remains stable at 1,530–1,700 yuan per ton, with delivery against cash payment. The methanol market in Henan saw a slight decline, with weak actual transaction volume. Some enterprises in Henan have lowered their quotes; the reference price at the factory is 1,650–1,700 yuan per ton, while in the Luoyang market the quote ranges from 1,680–1,700 yuan per ton. The methanol market in the Two Lakes region is stabilizing. Hubei-based companies offer stable prices, with a reference price at 1880–1920 yuan per ton at the factory ; The reference price for the Hunan market is 1,960–2,100 yuan per ton. The methanol market in Fujian is sluggish; prices at the major storage areas remain stable at around 1,930–1,980 yuan per ton including taxes for delivery from the warehouse. There are only a few small transactions taking place, and the atmosphere for negotiations is average.