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Methanol price trends across China on January 27

2022-01-28View Original

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Methanol price trends across China on January 27. Author/Source: Business Society. Date: 2022-01-27. Clicks: 15. The transaction price of methanol in the Panjin area remained stable at 2,500 yuan per ton, ex-works and in cash; the transaction price in the Shenyang area stayed steady at 2,540 yuan per ton, ex-works and in cash. The prevailing transaction price in Linfen, Shanxi region, has dropped to 2240–2250 yuan per ton, as per the price quoted by manufacturers for cash payment ; The offline price in the Changzhi area has stabilized at 2,500 yuan per ton, with payment made via bank transfer from the factory ; In the Jincheng area, the mainstream price at the factory exit is 2100–2150 yuan per ton, as per the bank transfer amount. The methanol market in Henan region saw slight adjustments, with weak trading activity. Henan-based companies have raised their prices; the reference price at the factory is 2,570 yuan per ton, with payment to be made by bank transfer upon delivery ; For market discussions in Luoyang, a reference price is 2450–2480 yuan per ton, in cash upon delivery from the factory. The trading range for methanol in the Anhui region is around 2,690–2,710 yuan per ton, ex-factory and on credit; market sentiment is bullish, which is driving prices up slightly. The methanol market in the Two Lakes region remains stable with only slight fluctuations, and trading activity has slowed down. Some enterprises in Hubei have raised their prices; the reference price at the factory is 2600–2700 yuan per ton, with payment to be made upon delivery ; For negotiations in the Hunan market, a reference price is 2780–2800 yuan per ton, ex-works and in cash. In Fujian’s methanol market, the offered price is around 2840–2860 yuan per ton, with cash payment at delivery; demand is moderate, and purchases are made as needed.

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