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Methanol price trends across China on December 3

2020-12-03View Original

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Methanol price trends across China on December 3rd. Author/Source: Business Society. Date: 2020-12-03. Clicks: 7. There is no available information on methanol prices in Qinghai Province; due to gas supply restrictions during winter, the main gas-based production facilities in this region are currently shut down for maintenance, with production expected to resume in March 2021. The prevailing transaction price in Linfen, Shanxi remains stable at 1,900–1,920 yuan per ton, with cash payment upon delivery ; The offline price in the Changzhi area is 1,960 yuan per ton, with cash payment at delivery ; The prevailing transaction price in the Jincheng area has stabilized at 1,880 yuan per ton, ex-warehouse and in cash. The methanol market in Henan remains stable for now, with transactions mainly involving small orders. Henan-based companies offer stable prices; the actual ex-factory price ranges from 1,950 to 1,980 yuan per ton ; Quotations in the Luoyang market are on the rise, with negotiation prices around 1980–2000 yuan per ton. The methanol market in the Two Lakes region is operating steadily for now, with actual transaction negotiations being fairly average. Hubei-based companies offer stable prices; the actual ex-plant price is around 2100–2110 yuan per ton ; For negotiations in the Hunan market, a reference price of 2250–2280 yuan per ton is applicable. The methanol market in Fujian remains stable; spot prices in the main storage areas are around 2300–2330 yuan per ton, including taxes, at the time of delivery. The trading atmosphere in these areas is moderate, with limited transactions taking place.

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