Thread Content
Methanol price trends across China on November 12 Author/Source: Business Society Date: 2020-11-12 Clicks: 31 The methanol price in the Panjin area remains stable at 2,000 yuan per ton, ex-warehouse. In the Shenyang area, the price stays steady at 2,130–2,150 yuan per ton, ex-warehouse. Traders are selling at a moderate pace, while downstream buyers make purchases according to their needs. The market price of methanol in Qinghai region is currently unavailable. Due to gas supply restrictions during winter, all the major gas-based production facilities in this region are shut down for maintenance, with production expected to resume in March 2021. In Linfen, Shanxi, the prevailing transaction price remains stable at 1,930 yuan per ton, with delivery in cash ； The offline price in the Changzhi area is 2,070 yuan per ton, with cash payment upon delivery ； The prevailing transaction price in the Jincheng area has stabilized at 1,880–1,980 yuan per ton, ex-warehouse and in cash ； There are no auctions available in the Lüliang area for now. The methanol market in Henan is operating in an orderly manner. Henan-based companies offer stable prices; the actual ex-factory price ranges from 1,980 to 2,000 yuan per ton ； As a reference for negotiations in the Luoyang market, the price is 2,000 yuan per ton. The methanol market in Anhui region continues to see price increases of 30-40 yuan per ton, bringing the price to 2150-2170 yuan per ton upon delivery on credit. The trading atmosphere in the market is fairly good, and some companies are in a positive mindset. The methanol market in the Two Lakes region remains stable and consolidating for now. Hubei enterprises offer stable prices, with a reference Out of factory price of 2090–2160 yuan per ton ； Negotiations in the Hunan market remain stable, with quotes ranging from 2240 to 2260 yuan per ton. The methanol market in Fujian region is on the rise; prices at major storage areas remain stable at around 2,120 yuan per ton including taxes. The atmosphere in these markets for price negotiations is moderate, with purchases being made mainly based on actual demand.