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: 21. The price of methanol in Panjin, Liaoning is 3,240 yuan per ton ex-factory, while in Shenyang it ranges from 3,270 to 3,280 yuan per ton ex-factory. Purchases by downstream users are based on demand. 　Quotations for methanol in the Henan region have declined, with weak trading activity. The actual ex-plant 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 3,220–3,350 yuan per ton, with payment to be made upon delivery at the factory ； 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 have offers of 2,800–2,900 yuan per ton for cash payment upon delivery; transactions remain stalled.