Methanol price trends across China on March 29

Thread Content

Methanol price trends across China on March 29. Author/Source: Business Society. Date: 2022-03-29. Clicks: 5. The price of methanol in the Panjin area is 2,850 yuan per ton, ex-plant; in the Shenyang area, the price is 2,890 yuan per ton, delivered against cash, as there is demand from end-users for this product. The prevailing price in Linfen, Shanxi region is 2780–2920 yuan per ton, with payment made upon delivery at the factory ； The online bidding price in the Changzhi area is 2,850 yuan per ton, with payment made upon withdrawal from the factory ； The mainstream ex-factory price in the Jincheng area has dropped to 2,700–2,750 yuan per ton for cash payment at the factory ； The bidding price in the Lüliang area ranges from 2,680 to 2,800 yuan per ton, with payment made upon delivery at the factory ； The bidding price in the Taiyuan area has reached 2,830 yuan per ton, with payment to be made at the factory ； The price of the mainstream products in Yuncheng region has increased by 100 yuan per ton, reaching 2,920 yuan per ton at the factory’s delivery point. The methanol market in Henan region declined slightly. Sold through Xinxiang Zhongxin Tendering; the transaction price is 2,930 yuan per ton, with payment made at the factory. For other companies, the reference price at the factory is 3,020 yuan per ton, also with payment made at the factory ； The market quote in Luoyang is 2,930–2,950 yuan per ton, in cash upon delivery from the warehouse. The transaction range for methanol in the Anhui region is around 3,120 yuan per ton, ex-plant and against acceptance. Manufacturers have low inventory levels, but due to falling crude oil prices, the market has shown slight weakness. The methanol market in the Two Lakes region remains stable for now, with most participants adopting a wait-and-see attitude. The leading enterprises in Hubei have not offered new prices, while other companies have maintained stable quotes; the reference price at the factory is 3200–3220 yuan per ton, with payment to be made upon delivery ； The quoted price for the Hunan market is 3,250–3,370 yuan per ton, ex-works and in cash. In Fujian’s methanol market, the offered price is around 3080–3100 yuan per ton, with cash payment at delivery; demand is moderate, and purchases are made as needed.