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Methanol price trends across China on December 11

2020-12-11View Original

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Methanol price trends across China on December 11 Author/Source: Business Society Date: 2020-12-11 Clicks: 13 The methanol price in the Panjin area remains stable at 1,970–2,000 yuan per ton, ex-warehouse. In the Shenyang area, the price stays steady at 2,050–2,070 yuan per ton, ex-warehouse. Traders decide when to sell based on their own circumstances, 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 has risen by 20 yuan per ton, reaching 1940–1960 yuan per ton for cash delivery ; The offline price in the Changzhi area is 2,020 yuan per ton, with cash payment at delivery ; The prices of mainstream products in the Jincheng area have risen by 80–90 yuan per ton, reaching 1,980–2,000 yuan per ton for cash delivery. The methanol market in Henan continues to rise, with moderate trading activity in the market. The leading enterprises in Henan offered 3,300 tons for sale through bidding; the final selling price was 2,065–2,070 yuan per ton. Other companies submitted stable quotes, but the actual price at the factory was higher, ranging from 2,060 to 2,080 yuan per ton ; Quotations in the Luoyang market have risen to around 2050-2080. In the Fuyang area of Anhui, the market price of methanol has seen an increase of 50 yuan per ton, reaching 2250–2280 yuan per ton for delivery against acceptance; strong gains in futures prices have contributed to this rise, with manufacturers offering firm pricing. The methanol market in the Two Lakes region remains stable, with moderate trading activity. Hubei-based companies offer stable prices; the actual ex-factory price is around 2140–2180 yuan per ton, while prices in the trading market are approximately 2190–2200 yuan per ton ; Negotiated prices in the Hunan market have risen to 2,340–2,360 yuan per ton.

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