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Methanol price trends across China on April 14

2022-04-14View Original

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Methanol price trends across China on April 14. Author/Source: Business Society. Date: April 14, 2022. Click-through rate: 1. The methanol market in the Hubei and Hunan regions remained stable. Leading enterprises in Hubei have halted sales; quotes from other enterprises remain stable. The reference ex-works price is $2,880–$2,950 per ton, on a CIF basis ; Driven by rising prices in surrounding markets, negotiations in the Hunan market have pushed prices up to 3,050–3,100 yuan per ton, on a delivered basis with spot payment. In the Fujian methanol market, quotes stand at around 2,940–2,980 yuan per ton on an ex-warehouse, cash basis. Buying interest is moderate, with purchases being made as needed.

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