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Methanol price trends across China on October 21

2021-10-25View Original

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Methanol price trends across China on October 21. Author/Source: Business Society. Date: 2021-10-21. Clicks: 31. The methanol price in Panjin, Liaoning remains stable at 3,800 yuan per ton ex-factory, while in Shenyang it stays at 3,830 yuan per ton ex-factory; downstream buyers make purchases according to their needs. The prevailing price of methanol in the Qinghai region is 3,500 yuan per ton, payable upon delivery at the factory, and the market trading atmosphere is favorable. The prevailing transaction price in Linfen, Shanxi region, has stabilized at 3,500–3,510 yuan per ton, with payment made upon factory delivery ; The offline price in the Changzhi area is 3,850 yuan per ton, with payment made via bank transfer from the factory ; The prevailing transaction price in the Jincheng area has stabilized at 3,800–3,900 yuan per ton, ex-factory. The methanol market in Henan region remained stable with narrow price fluctuations, and the trading atmosphere in the market improved slightly. Henan-based companies have not provided any quotes yet ; The market quote in Luoyang is 3,600–3,700 yuan per ton, in cash upon delivery from the warehouse. The methanol market in the Two Lakes region remains stable, with decent transaction volumes at lower prices. Hubei-based companies offer stable prices; the actual ex-factory price is around 3,500–3,600 yuan per ton, with payment made by bank transfer ; The quoted price for the Hunan market is 3,650–3,700 yuan per ton, ex-works and in cash. The methanol market in Anhui is weak, with transaction prices ranging from 3,700 to 3,750 yuan per ton ex-factory and against acceptance. Manufacturers in Anhui have not yet set prices; the futures market has provided some support, so for now, manufacturers are waiting and observing before deciding on prices.

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