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Methanol price trends across China on December 14

2020-12-15View Original

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Methanol price trends across China on December 14 Author/Source: Business Society Date: 2020-12-14 Clicks: 9 The prevailing transaction prices in Linfen, Shanxi have risen by 80–90 yuan per ton, reaching 2020–2030 yuan per ton for cash delivery; 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 1,980–2,000 yuan per ton, ex-warehouse and in cash. Quotations for methanol in Henan have risen, while trading activity in the market remains moderate. The leading enterprises in Henan are conducting tender sales; the final transaction price is 2080–2095 yuan per ton. Other companies offer stable prices, but the actual ex-factory price is higher, at around 2080–2100 yuan per ton ; Quotations in the Luoyang market have risen to around 2110-2130. In the Fuyang area of Anhui, the mainstream reference price for methanol has risen by 20 yuan per ton, reaching 2270–2300 yuan per ton for delivery upon acceptance. Manufacturers are holding their prices steady, while trading activity in the market is low, with most participants adopting a wait-and-see attitude. Quotations for methanol in the Two Lakes region have risen, while trading remains moderate. Some enterprises in Hubei have raised their quotes; the actual ex-factory price is around 2140–2240 yuan per ton, while quotes in the trading market are around 2250 yuan per ton ; Negotiated prices in the Hunan market have risen to 2,400–2,420 yuan per ton. The atmosphere in the methanol market in Fujian is moderate; in Quanzhou, spot transactions at the main storage areas are taking place at around 2400–2410 yuan per ton, including taxes, while in Xiamen the price discussed is around 2450 yuan per ton, with a tendency toward caution among buyers this morning.

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