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Methanol price trends across China on May 8

2021-05-10View Original

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Methanol price trends across China on May 8. Author/Source: Business Society. Date: 2021-05-08. Clicks: 24. The methanol price in the Panjin area remained stable at 2430–2450 yuan per ton ex-factory, while in the Shenyang area it stayed at 2500–2530 yuan per ton ex-factory. Market transaction activity was moderate. In the Qinghai region, the price of methanol remains stable at 2,100–2,180 yuan per ton as the price at the factory; actual transaction prices can be negotiated, and the market atmosphere for transactions is favorable. The prevailing transaction price in Linfen, Shanxi region, has risen by 20–30 yuan per ton, reaching 2370–2380 yuan per ton for cash payment at the factory ; The offline price in the Changzhi area has stabilized at 2,400 yuan per ton, with payment made via bank transfer from the factory ; The prevailing transaction price in the Jincheng area remains stable at 2,350 yuan per ton, ex-factory. Quotations in Henan’s methanol market rose, while trading remained stagnant. The leading enterprises in Henan are not holding tenders for the time being; orders are fulfilled at a price of 2455–2460 yuan per ton, with payment made upon delivery ; Other companies have raised their quotes; the reference price at the factory is 2,460 yuan per ton, with payment by bank transfer upon delivery ; The market quote in Luoyang is 2,440–2,460 yuan per ton, in cash upon delivery from the warehouse. The mainstream reference price for methanol in the Anhui region is 2,540–2,580 yuan per ton, ex-plant and on credit. Huaibei has not made any bids; production enterprises have no inventory pressure, offering prices at high levels, with sales mainly focused on the surrounding areas. The methanol market in the Two Lakes region remained stable with moderate fluctuations, and trading was active. Some enterprises in Hubei have raised their quotes; the reference price at the factory is 2,560–2,610 yuan per ton, with payment made by bank transfer upon shipment of the ordered goods ; The quote for the Hunan market is 2710–2750 yuan per ton, ex-works and in cash. The methanol market in Fujian remains stable; in the Quangang area, the prevailing price discussed by major suppliers is around 2670–2680 yuan per ton, including taxes, at the time of delivery. In the Xiamen area, the reference price is 2720 yuan per ton, including taxes, for delivery ; Buyings were made at lower prices within the market, and the trading atmosphere was average.

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