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Methanol price trends across China on September 10

2021-09-10View Original

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Methanol price trends across China on September 10. Author/Source: Business Society. Date: 2021-09-10. Clicks: 12. The prevailing price of methanol in Qinghai region remains stable at 2,300 yuan per ton for cash payment at the factory; actual transaction prices can be negotiated. The market transaction atmosphere is positive. The prevailing transaction price in Linfen, Shanxi region, has risen by 90–100 yuan per ton, reaching 2600–2610 yuan per ton for cash payment at the factory ; The offline price in the Changzhi area has risen to 2,650 yuan per ton, with payment made via bank transfer from the factory ; The prevailing transaction price in the Jincheng area increased by 210–260 yuan/ton, reaching 2700–2720 yuan/ton for cash payment at the factory. The methanol market in Henan region is operating in an orderly manner, with healthy trading activity within the market. The leading enterprises in Henan will not hold tenders today; they will process orders and ship the goods, with prices ranging from 2750 to 2760 yuan per ton, payable upon delivery at the factory ; For market discussions in Luoyang, a reference price is 2760–2780 yuan per ton, in cash upon delivery. The transaction range for methanol in the Anhui region is around 2,800–2,850 yuan per ton, ex-factory and on credit. Prices at ports in East China remain stable, prompting factories in Anhui to raise their prices accordingly. However, prices in Anhui are already at high levels, so purchases are being made in a more cautious manner after these price increases. The methanol market in the Two Lakes region is operating in an orderly manner, with decent trading activity. The leading enterprises in Hubei have stopped selling and are only processing existing orders; the price is around 2,660 yuan per ton, with payment to be made upon delivery at the factory ; Other companies have raised their quotes; the actual ex-factory price is around 2780–2800 yuan per ton, with payment to be made by bank transfer ; For negotiations in the Hunan market, the reference price is 2900–2940 yuan per ton, ex-works and in cash. For the methanol market in Quanzhou, Fujian, import spot prices are around 2950–2970 yuan per ton, including taxes, as the price at the tank exit ; There are few current market quotes in the Xiamen area; as a reference, the price is around 2,970 yuan per ton, including taxes and excluding delivery costs. Due to weak demand downstream, suppliers are offering higher prices backed by futures, while end-users remain cautious, resulting in limited transactions.

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