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Methanol price trends across China on September 18

2021-09-22View Original

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Methanol price trends across China on September 18. Author/Source: Business Society. Date: 2021-09-18. Clicks: 43. 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 satisfactory, 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 received by manufacturers; actual transaction prices can be negotiated. The market trading atmosphere is positive. The methanol market in Henan region remained stable with modest fluctuations, and trading activity in the market was satisfactory. The leading enterprises in Henan are not holding any bidding processes for sales today; orders are being fulfilled on a delivery-as-it-is-completed basis. The price is approximately 2955–2960 yuan per ton, with payment to be made upon factory delivery ; The reference price for the Luoyang market is 2,930–2,950 yuan per ton, in cash upon delivery from the warehouse. The methanol market in the Two Lakes region is operating steadily with good trading activity. Hubei-based companies offer stable prices; the actual ex-plant price is around 2960–3010 yuan per ton, with payment made by bank transfer ; Negotiated prices in the Hunan market have risen to 3,160–3,200 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; a reference price of around 3,000 yuan per ton, including taxes, applies for the product leaving the warehouse ; There are few current offers in the Xiamen area; as a reference, the price is around 3,000 yuan per ton, including taxes and excluding delivery costs. Without futures guidance, delivery is difficult; holders are mainly waiting to see what will happen, and there are few offers in the market.

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