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Methanol price trends across China on April 26

2021-04-27View Original

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Methanol price trends across China on April 26. Author/Source: Business Society. Date: 2021-04-26. Clicks: 9. The methanol price in the Panjin area remains stable at 2400–2420 yuan per ton ex-factory, while in the Shenyang area it stays at 2440–2480 yuan per ton ex-factory. The prevailing transaction price in Linfen, Shanxi region, has stabilized at 2230–2240 yuan per ton, with payment made upon delivery at the factory ; The offline price in the Changzhi area is 2,350 yuan per ton, with payment made via bank transfer from the factory ; The prevailing transaction price in the Jincheng area remains stable at 2,250–2,300 yuan per ton, ex-factory.  Quotations for methanol in Henan have risen, with strong trading activity. The winning bid prices for key enterprises in Henan range from 2,380 to 2,390 yuan per ton upon cash payment at the factory; this is an increase of 65–75 yuan per ton compared to the bidding prices last week, with all bids being accepted ; Quotations from other companies remain stable; the reference price at the factory is 2,350 yuan per ton, with payment made by bank transfer upon delivery ; Quotations in the Luoyang market have risen by 60–80 yuan per ton, reaching 2360–2400 yuan per ton in cash upon delivery; trading activity is fairly decent. The methanol market in the Two Lakes region remains stable, with many buyers adopting a wait-and-see attitude. Hubei-based companies offer stable prices; the reference price at the factory is 2430–2500 yuan per ton, with payment made by bank transfer upon delivery of the goods as per the order ; Reference price for the Hunan market: 2,580–2,600 yuan per ton, ex-works and in cash, for small orders. The mainstream reference price for methanol in the Anhui region has risen by 40–50 yuan per ton, reaching 2460–2480 yuan per ton ex-factory on an accepted payment basis. Local manufacturers have no inventory pressure, resulting in firm quotes. The methanol market in Fujian remains stable; major suppliers in the Quangang area are offering prices of around 2,800 yuan per ton including taxes for delivery. In Xiamen, the reference price is 2,850 yuan per ton including taxes for delivery ; At the beginning of the week, buying interest in the market was moderate, with weak trading volume.

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