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Methanol price trends across China on December 16

2021-12-16View Original

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Methanol price trends across China on December 16. Author/Source: Business Society. Date: 2021-12-16. Clicks: 9. The transaction price of methanol in the Panjin area remains stable at 2,420–2,440 yuan per ton delivered, while in the Shenyang area it stays at 2,460–2,480 yuan per ton delivered; downstream users purchase according to their needs. The methanol market in Henan region is operating at a stable level, with light trading activity in the market. Henan-based companies offer stable prices; the reference price at the factory is 2,550 yuan per ton, with payment made via bank transfer upon delivery ; The reference price for the Luoyang market is 2480–2500 yuan per ton, in cash upon delivery from the warehouse. The prevailing transaction price in Linfen, Shanxi region, has stabilized at 2370–2380 yuan per ton, with payment made upon factory delivery ; The offline price in the Changzhi area is 2,500 yuan per ton, with payment made via bank transfer from the factory ; In the Jincheng region, the prevailing transaction price remains stable at 2,450–2,460 yuan per ton, on a works-delivery, cash basis. The methanol market in the Two Lakes region is operating steadily. Hubei-based companies offer stable prices; the reference price at the factory is 2475–2650 yuan per ton, with payment made upon delivery ; For negotiations in the Hunan market, a reference price is 2640–2660 yuan per ton, ex-works and in cash. In the Anhui region, the transaction range for methanol is estimated at 2,700–2,720 yuan per ton, ex-works with acceptance payment. Following a slight uptick at the beginning of the week, market trading activity weakened, and prices saw minor concessions as a result of passive negotiations. In Fujian’s methanol market, the offering price is around 2780–2800 yuan per ton, with cash payment at delivery; demand is moderate, and purchases are made as needed.

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