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Methanol price trends across China on April 15

2021-04-15View Original

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Methanol price trends across China on April 15 Author/Source: Business Society Date: 2021-04-15 Clicks: 5 The methanol price in the Panjin area remained stable at 2280–2330 yuan per ton ex-factory, while in the Shenyang area it stayed at 2330–2350 yuan per ton ex-factory. Inventory levels among downstream users are high, resulting in limited purchasing volume. The methanol market in Qinghai remains stable for now; the leading companies have not yet announced new prices. The current prevailing price is 1,920–1,980 yuan per ton upon factory delivery, with actual transaction prices subject to negotiation. There is a limited supply from upstream suppliers, and the trading atmosphere is favorable. The prevailing transaction price in Linfen, Shanxi region, has risen by 40–50 to 2140–2160 yuan per ton, as per the price quoted by manufacturers for cash payment ; In the Changzhi area, the offline price has increased by 20 yuan per ton, reaching 2200 yuan per ton; payment is to be made via bank transfer from the factory ; The prevailing transaction price in the Jincheng area remains stable at 2,120 yuan per ton, payable upon factory delivery. Negotiations in Henan’s methanol market are on the rise, but trading remains somewhat stagnant. The leading enterprises in Henan have not set new prices; orders are shipped at 2215–2240 yuan per ton, as the price applicable at the factory ; Other companies have raised their quotes; the reference price at the factory is 2240–2260 yuan per ton, with payment by bank transfer upon delivery ; Quotations in the Luoyang market have risen to 2,240–2,260 yuan per ton ex-warehouse in cash. The methanol market in the Two Lakes region is operating steadily. Hubei-based companies are offering stable prices; the reference price at the factory is 2310–2360 yuan per ton, with payment made by bank transfer upon delivery, and orders are fulfilled promptly ; The quote for the Hunan market is 2470–2490 yuan per ton, ex-works and in cash; negotiations are progressing well. The market price of methanol in Fujian remains strong; major suppliers in the Quangang area are offering prices of around 2620–2630 yuan per ton including taxes for delivery. In Xiamen, the quoted prices are around 2640–2650 yuan per ton including taxes for delivery ; The goods available for trading on the market are limited, prices remain firm, but there are not many inquiries from the market.

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