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Methanol price trends across China on September 17

2021-09-22View Original

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Methanol price trends across China on September 17. Author/Source: Business Society. Date: 2021-09-17. Clicks: 45. The methanol price in Panjin, Liaoning remains stable at 2,950 yuan per ton ex-factory, while in Shenyang it stays at 2,990 yuan per ton ex-factory. Sales are fair, with downstream buyers purchasing according to their needs. The prevailing price of methanol in the Qinghai region remains stable at 2,610 yuan per ton as the price at the factory; actual transaction prices can be negotiated. The market transaction atmosphere is positive. The methanol market in Henan region declined slightly, with decent trading activity in the market. The winning bid price for key enterprises in Henan is 2,955–2,960 yuan per ton at the factory’s payment point, which represents a decrease of 20 yuan per ton compared to the bidding price yesterday ; Quotations in the Luoyang market have dipped slightly to 2,920–2,960 yuan per ton on a cash basis at the plant gate. The prevailing transaction price in Linfen, Shanxi region, has risen by 50–80 yuan per ton, reaching 2890–2920 yuan per ton for cash payment at the factory ; In the Changzhi area, the offline price has increased by 30 yuan per ton, reaching 2980 yuan per ton; payment is to be made via bank transfer from the factory ; The mainstream transaction price in Jincheng area rose by 100 yuan/ton to 2,930 yuan/ton for cash withdrawal at the factory. The methanol market in Anhui remains stable, with transaction prices ranging from 3,000 to 3,050 yuan per ton ex-factory against acceptance. Prices had risen sharply in the earlier period; currently, prices in Anhui are more rational based on actual transactions, and sales remain limited. The methanol market in the Two Lakes region is operating steadily, with decent trading activity. The major companies in Hubei have stopped selling and are only processing existing orders; the price is around 2,960 yuan per ton, with payment to be made upon delivery at the factory ; Quotations from other companies remain stable; the actual ex-factory price is around 3,000–3,010 yuan per ton, with payment made by bank transfer upon delivery ; The price for the Hunan market has risen to 3160–3200 yuan per ton, ex-works and in cash. In the Quanzhou area of Fujian’s methanol market, there are few offers for imported spot goods; as a reference, the price is around 3,030–3,040 yuan per ton, including taxes and the cost of delivering the product from the warehouse ; There are few current offers in the Xiamen area; as a reference, the price is around 3,040 yuan per ton, including taxes and excluding delivery costs. Delivery is facing difficulties; holders are mainly waiting to see what will happen, and there are few offers in the market.

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