Methanol price trends across China on July 22

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Methanol price trends across China on July 22. Author/Source: Business Society. Date: 2021-07-22. Clicks: 3. The methanol price in the Panjin area remains stable at 2,430–2,450 yuan per ton ex-factory, while in the Shenyang area it stays at 2,470–2,490 yuan per ton ex-factory. Due to limited transportation vehicles, trade transactions are proceeding fairly well. The prevailing price of methanol in the Qinghai region remains stable at 2,130 yuan per ton for cash payment at the factory; actual transaction prices can be negotiated. The market transaction atmosphere is positive. Quotations in Henan’s methanol market rose slightly. The bidding results for the key enterprises in Henan show a price of 2425–2435 yuan per ton for cash payment at the factory; all transactions were completed ； Quotations from other companies remain stable; the actual ex-plant price is around 2,460 yuan per ton, with payment to be made via bank transfer ； The reference price for the Luoyang market is 2430–2450 yuan per ton, in cash upon delivery from the warehouse. The mainstream reference prices in the Anhui region for methanol have risen by 10–20 yuan/ton, reaching 2570–2580 yuan/ton ex-factory on an acceptance basis. Huaibei has not yet provided a price; driven by rising market trends, market sentiment is currently stable, with demand mainly coming from end-users with essential needs. The methanol market in the Two Lakes region remains stable for now, with trading at a standstill. Quotations from Hubei-based enterprises remain stable; the reference price at the factory is 2600–2620 yuan per ton, with payment to be made by bank transfer upon delivery ； The quoted price for the Hunan market is 2750–2770 yuan per ton, ex-works and in cash. The methanol market in Fujian is on the rise; the spot prices at the main warehouses in Quangang area have increased by 20 yuan per ton, reaching around 2670 yuan per ton including taxes. In Xiamen, the negotiated spot prices at the main warehouses are around 2740 yuan per ton including taxes ； Spot prices rise along with futures prices; there is little inquiry in the market, and transactions are sluggish.