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Methanol price trends across China on December 8

2021-12-08View Original

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Methanol price trends across China on December 8. Author/Source: Business Society. Date: 2021-12-08. Clicks: 3. The transaction price of methanol in Panjin, Liaoning, remains stable at 2450–2480 yuan per ton, ex-warehouse and in cash; the price in Shenyang stays at 2490–2520 yuan per ton, ex-warehouse and in cash. Downstream buyers make purchases according to their needs. In the vicinity of Shijiazhuang, Hebei, the prevailing transaction prices for methanol plants have trended downward. The price range is estimated at 2,470–2,500 yuan per ton, on a ex-works, cash basis ; The export price of methanol from the main local factories in Tangshan, Hebei, remains stable at 2,600 yuan per ton ; In the Wen’an area of Hebei, the reference price for methanol is 2,530 yuan per ton, delivery inclusive, on a cash basis. In the Shanxi region, the prevailing transaction price in Linfen dropped by 30 yuan/ton to 2,380–2,410 yuan/ton, on a ex-works, cash basis ; In the Changzhi region, the offline price is 2,510 yuan per ton, EXW with cash payment ; In the Jincheng region, the prevailing transaction prices saw a localized decrease of 20 yuan per ton, settling at 2,580–2,600 yuan per ton on a works-delivery, cash basis. The focus of negotiations in the methanol market in Henan region has shifted downward. Zhongyuan Dahua conducted a tender sale; the starting bid was 2,630 yuan per ton, ex-works with acceptance payment. No transactions took place ; 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 quoted price in the Luoyang market is approximately 2,550 yuan per ton, CIF cash on delivery. The transaction range for methanol in the Anhui region is around 2,730–2,760 yuan per ton, ex-factory and on credit; transactions in this market are mainly based on negotiation. The methanol market in the Two Lakes region remained stable with little trading activity. The leading enterprises in Hubei have stopped selling, and some have reduced their prices; the actual factory outlet price is around 2600–2720 yuan per ton, with payment to be made upon delivery at the factory ; The reference price for the Hunan market is 2,750–2,770 yuan per ton, ex-works and in cash.

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