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Methanol price trends across China on October 13

2020-10-14View Original

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Methanol price trends across China on October 13. Author/Source: Business Society. Date: 2020-10-13. Clicks: 9. The price of methanol in the Panjin area has risen by 50 yuan per ton, reaching 1,750 yuan per ton when delivered cash on delivery; the latest price for methanol in the Shenyang area is 1,870 yuan per ton under the same delivery terms. Rising prices in the main production areas have led to increased delivery costs within these regions. The price of methanol in the Qinghai region has risen by 50 yuan per ton, reaching 1,420 yuan per ton in cash at delivery; sales have been halted at present, and the trading atmosphere is favorable. The methanol market in Henan is seeing overall price increases, with negotiations mainly taking place on a small-scale basis. Henan-based companies have raised their quotes; the actual ex-plant price is around 1780–1800 yuan per ton, while in the Luoyang market the quotes have risen to 1740–1780 yuan per ton. The prevailing transaction price in Linfen, Shanxi has risen by 70 yuan per ton, reaching 1,650 yuan per ton for cash delivery ; In the Changzhi area, online auctions result in prices of 1700–1730 yuan per ton, with delivery upon cash payment ; The prices of mainstream products in the Jincheng area have increased by 50–110 yuan per ton, reaching 1690–1700 yuan per ton for cash delivery ; In the Lüliang area, the auction prices have reached 1,630–1,640 yuan per ton, with cash payment required for delivery ; No new prices available for the Yuncheng area yet ; The prevailing transaction price in the Datong area is 1,570 yuan per ton, and sales have been halted. The methanol market in Anhui region remains stable at 1,850 yuan per ton for delivery against acceptance; production companies are selling at a moderate pace, focusing mainly on fulfilling existing contracts. The methanol market in Fujian region is on the rise; prices at major storage areas have increased by 40–50 yuan per ton, reaching around 1990–2000 yuan per ton including taxes. Suppliers are raising their prices overall, and the atmosphere in negotiations is moderate.

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