Methanol price trends across China on November 3

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Methanol price trends across China on November 3. Author/Source: Business Society. Date: 2021-11-03. Clicks: 5. The methanol price in Panjin, Liaoning is 2900–2940 yuan per ton ex-factory, while in Shenyang it is 3070–3100 yuan per ton ex-factory; there is steady demand from end-users for purchases. The prevailing transaction price in Linfen, Shanxi region, has dropped by 10–15 yuan per ton, reaching 2850–2855 yuan per ton for cash payment at the factory ； The offline price in the Changzhi area is 2,880 yuan per ton, with payment made upon delivery at the factory ； The prevailing transaction price in the Jincheng area dropped by 50 yuan per ton, to 2,900 yuan per ton for cash payment at the factory. The methanol market in Henan region remained stable with little change, and actual transactions were slow. The winning bid for the main enterprises in Henan is 3,000 yuan per ton at the factory’s acceptance price, which is equivalent to 2,970 yuan per ton in cash terms ； The quotes from other companies remain stable; the ex-factory price is around 3,300 yuan per ton, with payment to be made by bank transfer upon delivery ； The market quote in Luoyang is 2,880–2,920 yuan per ton, in cash upon delivery from the warehouse. The methanol market in the Two Lakes region declined slightly, with negotiations for actual transactions remaining modest. Hubei-based companies have reduced their quotes; the actual ex-factory price is around 3,000–3,050 yuan per ton, with payment to be made upon delivery ； The quoted price for the Hunan market is 3,160–3,180 yuan per ton, ex-works and in cash. The methanol market in Anhui is weak, with transaction prices ranging from 3,080 to 3,100 yuan per ton ex-factory and against acceptance; overall trading activity in the Anhui market is low. In Fujian, the methanol market offers prices of around 3,020–3,050 yuan per ton for cash delivery, with weak trading activity.