HCBBS Forum (English)
Submit Chemical Projects / Find Solutions
Amplify Your Requirements on a Broader Chemical Platform *Engineering · Technology · Equipment · Solutions*
Submit Request

Methanol price trends across China on May 10

2021-05-10View Original

Thread Content

Methanol price trends across China on May 10. Author/Source: Business Society. Date: 2021-05-10. Clicks: 10. 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. The methanol market in Qinghai remains stable for now, with the leading companies not releasing any new prices this week. The current mainstream price remains stable from last week at 2,100–2,180 yuan per ton for cash payment 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 40–50 yuan per ton, reaching 2,430 yuan per ton for cash payment at the factory ; In the Changzhi area, the offline price has increased by 50 yuan per ton, reaching 2450 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 2,350 yuan per ton, ex-plant. Quotations for methanol in Henan rose, with strong trading activity. The winning bid price for key enterprises in Henan is 2,530–2,535 yuan per ton, with payment made upon delivery at the factory ; Other companies have raised their quotes; the reference price at the factory is 2480–2500 yuan per ton, with payment by bank transfer upon delivery ; Quotations in the Luoyang market have risen to 2,500–2,520 yuan per ton, in cash upon delivery from the warehouse. The mainstream reference price for methanol in the Anhui region has risen by 40–60 yuan per ton, reaching 2600–2620 yuan per ton at the factory gate with acceptance terms. Manufacturers have low inventory levels, resulting in firm quotes. Negotiations in the methanol market in the Two Lakes region are on the rise, with strong trading activity. The leading enterprises in Hubei have not announced any new prices; they continue to fulfill existing orders. Other enterprises have raised their quotes, with the reference price at 2560–2660 yuan per ton, subject to payment upon delivery from the factory ; Quotations for the Hunan market have risen to 2,750–2,800 yuan per ton, ex-works and in cash. The methanol market in Fujian is on the rise; major suppliers in Quangang area are discussing prices that are stable but still up by 20-30 yuan per ton, resulting in a price of around 2700 yuan per ton including taxes at the time of delivery. In Xiamen area, the discussed price is around 2750 yuan per ton including taxes ; Futures are strengthening, spot prices are rising accordingly, and buying interest in the market is moderate.

Submit a Project

**Looking for Chemical Technology, Equipment & Solutions?** No Registration Required Broader Platform Exposure | Global Chemical Service Provider Connections

Submit Request — Free Consultation

Disclaimer

This is an automated machine translation of the original thread. Some technical terms may have inaccuracies; the original text shall prevail. Click "View Original" at the top right to access the source page, which supports IP-based automatic real-time language translation. Please watch out for contact details and sales inducements to prevent fraud. All content and translations are for reference only, representing solely the poster's personal views. For enquiries, email service@hcbbs.com.