Methanol price trends across China on April 11

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Methanol price trends across China on April 11. Author/Source: Business Society. Date: 2022-04-11. Clicks: 2. The trading range for methanol in Anhui region is around 2,950 yuan per ton ex-factory, subject to acceptance terms; transportation constraints have led to certain limitations on shipments by some companies, resulting in a decline in market prices. In the Two Lakes region, focus in methanol market discussions has shifted downward, with many buyers 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 2930–2950 yuan per ton, with payment to be made upon delivery ； Inflows of cheap shipborne cargo from the southwest have led to quotes in the Hunan market dropping to 2960–3060 yuan/ton, ex-works and in cash. The methanol market in Henan region declined slightly. Xinxiang Zhongxin is currently offering temporary bidding for sales; the starting price is 2,860 yuan per ton, with payment to be made at the factory. No deals have been concluded yet. Other companies have lowered their quotes; the reference price at the factory is 2,870 yuan per ton, with payment by bank transfer upon delivery ； Quotations in the Luoyang market have dropped to 2,700–2,730 yuan per ton, in cash upon delivery from the factory. The methanol market in Fujian offers prices of around 2,980–3,000 yuan per ton for cash delivery; demand is moderate, with purchases being made as needed.