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Methanol price trends across China on April 21

2022-04-22View Original

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Methanol price trends across China on April 21. Author/Source: Business Society. Date: 2022-04-21. Clicks: 11. The price of methanol in the Panjin area is 2,885 yuan per ton, ex-plant; in the Shenyang area, it is 2,925 yuan per ton, delivered against cash, as a result of demand from end-users for this product. The prevailing price in Linfen, Shanxi region is 2610–2620 yuan per ton, with payment made upon delivery at the factory ; In the Changzhi area, the offline price has dropped by 100 yuan per ton, to 2700 yuan per ton, with payment made via bank transfer from the factory ; The mainstream ex-factory price in the Jincheng area has stabilized at 2,700–2,730 yuan per ton, with payment made upon delivery at the factory ; There are no auctions currently in the Lüliang area or Taiyuan area. The methanol market in Henan declined slightly. Henan Energy is conducting tender sales; the transaction price is around 2720–2730 yuan per ton upon withdrawal from the factory. Other companies offer stable prices, with a factory outlet price of around 2870 yuan per ton upon withdrawal from the factory ; The offer in the Luoyang market has dropped to 2,720–2,730 yuan per ton, in cash upon delivery from the factory. The trading range for methanol in the Anhui region is estimated to be 2,950–2,980 yuan per ton, ex-factory and on credit terms. Transport no longer has much impact on shipments, and the support provided by cost factors has weakened, resulting in a weak market trend. The methanol market in the Two Lakes region remained stable with only slight fluctuations. The major enterprises in Hubei have resumed operations and raised their prices; other enterprises have kept their prices stable. The reference price at the factory is 2930–3000 yuan per ton, with payment to be made upon delivery ; For negotiations in the Hunan market, a reference price of 3050–3100 yuan per ton is applicable, ex-works and in cash.
Reply #22022-04-22
Support from cost factors is weakening, leading to a weak market trend.

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