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Methanol price trends across China on November 18

2020-11-19View Original

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Methanol price trends across China on November 18 Author/Source: Business Society Date: 2020-11-18 Clicks: 25 The methanol price in Panjin, Liaoning remains stable at 2,000 yuan per ton when delivered against cash; in Shenyang, the price stays steady at 2,130–2,150 yuan per ton for cash delivery. Traders are selling at a moderate pace, and downstream buyers hold a cautious attitude. . 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 for high-end products has dropped by 20 yuan per ton, reaching 1950 yuan per ton, with delivery upon cash payment ; The offline price in the Changzhi area is 2,050 yuan per ton, with cash payment upon delivery ; The prevailing transaction price in the Jincheng area has stabilized at 2,050–2,060 yuan per ton, ex-warehouse and in cash ; There are no auctions currently available in the Lüliang area. The methanol market in Henan is fluctuating downward. Henan-based enterprises maintain stable quotes, but the actual ex-factory prices have seen a slight decline; the reference price at ex-factory is 2030–2050 yuan per ton ; The reference price for the Luoyang market is 2,040 yuan per ton. The mainstream reference price for methanol in the Anhui region has dropped by 10 yuan per ton, to 2190–2220 yuan per ton for delivery on credit. Manufacturers are offering prices at higher levels, but weak demand has led to limited trading activity in the market. The methanol market in the Two Lakes region is operating in a regulated manner, with weak trading activity. The quotes from key enterprises in Hubei remain stable, with some companies raising their prices again; the reference price at the factory is 2160–2200 yuan per ton ; Quotations in the Hunan market remain stable; negotiations can refer to 2,300 yuan per ton. The methanol market in Fujian remains stable overall; prices at the main storage areas are steady at around 2170–2180 yuan per ton including taxes for delivery from the warehouse. The trading atmosphere in these areas is not favorable, though some sales have taken place at lower price levels.

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