Methanol price trends across China on December 7

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Methanol price trends across China on December 7. Author/Source: Business Society. Date: 2021-12-07. Clicks: 4. The selling price of methanol in Panjin, Liaoning dropped by 150–180 yuan per ton, reaching 2450–2480 yuan per ton ex-works; in Shenyang, the selling price also fell by 150–180 yuan per ton, to 2490–2520 yuan per ton ex-works. Downstream buyers make purchases according to their needs. The prevailing transaction price in Linfen, Shanxi region, is 2380–2470 yuan per ton, with payment made upon delivery at the factory ； In the Changzhi area, the auction prices range from 2500 to 2510 yuan per ton, with payment made upon delivery at the factory ； The price of mainstream products in the Jincheng area increased by 20 yuan per ton, reaching 2600 yuan per ton for cash delivery at the factory. The focus of negotiations in the methanol market in Henan region has shifted downward. Zhongyuan Dahuahua is offering bid sales at a starting price of 2,680 yuan per ton; payment is to be made upon delivery by acceptance, and no deals have been concluded yet ； The quotes from other companies remain stable; the reference price at the factory is 2,700 yuan per ton, with payment made upon delivery ； The reference price for the Luoyang market is 2,580–2,600 yuan per ton, in cash upon delivery from the warehouse. Methanol market prices in the Two Lakes region have declined, with weak trading activity in the market. The quotes from the key enterprises in Hubei have been reduced, while those of other enterprises remain stable; the actual ex-factory price is around 2600–2750 yuan per ton, with payment to be made upon delivery ； The reference price for the Hunan market is 2,750–2,770 yuan per ton, ex-works and in cash. The transaction range for methanol in the Anhui region is around 2,770–2,780 yuan per ton, ex-factory and subject to acceptance terms. The strong market conditions in East China support a cautious attitude among buyers in the Anhui region.