Methanol price trends across China on October 28

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Methanol price trends across China on October 28 Author/Source: Business Society Date: 2021-10-28 Clicks: 7 The methanol price in Panjin, Liaoning is 3,240 yuan per ton when delivered from the factory, while in Shenyang it is 3,270–3,280 yuan per ton at factory delivery; purchases by downstream users are based on demand. 　Quotations for methanol in the Henan region have declined, with weak trading activity. The actual export price for enterprises in Henan has been reduced; 3,300 yuan per ton is the reference price for payment at the factory ； Quotations in the Luoyang market have dropped to 3,100 yuan per ton in cash upon delivery from the warehouse. Quotations for methanol in the Two Lakes region continued to decline, with a cautious attitude among market participants and weak trading activity. The quotes from enterprises in Hubei remain stable; the actual ex-factory price is around 3220–3350 yuan per ton, with payment to be made upon delivery ； Quotations for the Hunan market have dropped to 3,070–3,100 yuan per ton, ex-works and in cash. In the Fujian methanol market, the buying price is 2,690 yuan per ton, while small-scale orders in the market have offers of 2,800–2,900 yuan per ton for cash payment upon delivery; transactions remain stalled.