Thread Content
Methanol price trends across China on November 1. Author/Source: Business Society. Date: 2021-11-01. Clicks: 9. The methanol market in Henan remained relatively stable, with many buyers adopting a wait-and-see attitude at the start of the week. For Henan-based enterprises, the ex-works price is referenced at 3,300 yuan per ton, on a CIF basis ； The market quote in Luoyang is 3,200–3,250 yuan per ton, in cash upon delivery from the warehouse. The prevailing transaction price in Linfen, Shanxi region, has risen by 160 yuan per ton, reaching 3,030 yuan per ton for cash payment at the factory ； No new prices available in the Changzhi area yet ； The prevailing transaction price in the Jincheng area has stabilized at 3,100 yuan per ton, with payment made via bank transfer from the factory ； There are no auctions available in Taiyuan for now ； Bids failed in the Lüliang area. The methanol market in Anhui region is on the rise; the transaction price range is around 3150–3170 yuan per ton, ex-plant and subject to acceptance terms. Rising prices at ports have driven up prices in the Anhui region as well. Offers for methanol in the Two Lakes region have declined, while buyers remain cautious. The leading enterprises in Hubei did not submit bids, while other companies reduced their quotes; the actual ex-factory price is around 3100–3150 yuan per ton, with payment to be made upon delivery ； The quote for the Hunan market is 3,070–3,100 yuan per ton, ex-works and in cash. The methanol market in Fujian offers prices of 3,050–3,100 yuan per ton, payable in cash at delivery; market sentiment is cautious.