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Methanol price trends across China on February 21

2022-02-21View Original

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Methanol price trends across China on February 21. Author/Source: Business Society. Date: 2022-02-21. Clicks: 8. The transaction price of methanol in the Panjin area remained stable at 2,400 yuan per ton, ex-works and in cash; the transaction price in the Shenyang area stayed at 2,440 yuan per ton, ex-works and in cash. Many industry players are adopting a wait-and-see attitude. The prevailing price in Linfen, Shanxi region is 2320–2340 yuan per ton, with payment made upon delivery at the factory ; The offline price in the Changzhi area is 2,400 yuan per ton, with payment made via bank transfer from the factory ; The prevailing price in the Jincheng area at the factory level is 2,450 yuan per ton, with payment made upon delivery ; There are no auctions currently available in the Lüliang area and Taiyuan area ; No new prices have been announced in the Datong area yet. The methanol market in Henan is operating in a stable manner, with many buyers adopting a wait-and-see attitude. The leading enterprises in Henan have not launched any tender sales for now; the quotes from other enterprises remain stable, with a reference price of 2550 yuan per ton at the factory, plus fees for cash withdrawal ; The market quote in Luoyang is 2,500–2,520 yuan per ton, in cash upon delivery from the factory. The methanol market in the Two Lakes region is operating steadily, with many buyers adopting a wait-and-see attitude. Hubei-based companies offer stable prices; the reference price at the factory is 2610–2650 yuan per ton, with payment made upon delivery ; The market price in Hunan is around 2,700–2,780 yuan per ton, ex-works and in cash. The reference price for methanol in the Anhui region is 2,700 yuan per ton, ex-plant and against acceptance. Demand from downstream users is relatively moderate; the market is cautious, with negotiations mainly focusing on small orders. In Fujian’s methanol market, prices are around 2780–2820 yuan per ton, with cash payment at delivery; demand is moderate, and purchases are made as needed.

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