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Methanol price trends across China on May 10

2022-05-10View Original

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Methanol price trends across China on May 10. Author/Source: Business Society. Date: 2022-05-10. Clicks: 4. The methanol market in the Northeast region showed a slight decline; some companies in Heilongjiang were selling their product at around 2,500 yuan per ton, while major traders were offering a price of around 2,750 yuan per ton for deliveries to Panjin, Liaoning. The methanol market in Hebei region has seen little change; the local standard ex-plant price is 2,620–2,650 yuan per ton, and it is difficult to sell products at current prices ; The reference price in the Tangshan area is 2,650 yuan per ton. The methanol market in Shanxi region has seen a sharp decline, with the price in Jincheng area dropping to 2,460 yuan per ton ; The price in Linfen has dropped to between 2,330 and 2,360 yuan per ton, while some higher-priced offers are at 2,440–2,450 yuan per ton. The methanol market in Henan region is showing a downward trend, with some companies selling at 2,620 yuan per ton ; Some companies are offering sales through bidding; the transaction price is 2,500–2,535 yuan per ton in cash, with all transactions completed ; Some traders in Luoyang have offered prices of around 2,540–2,560 yuan per ton. The methanol market in Anhui region is operating in a weak state, with a cautious attitude among market participants. The main negotiation price held by some companies is around 2,800 yuan per ton, with slight variations in actual transaction prices. The methanol market in the Hubei and Hunan regions is weakening; some companies in Hubei have reduced their quotes, with the prevailing negotiation range being around 2750–2950 yuan per ton ; Some traders in Hunan are offering prices around 2,900–2,920 yuan per ton. The methanol market in the southwest region is operating in a stable manner; prices set by companies in Sichuan have not been updated yet. Companies in Chongqing are negotiating prices around 2650–2750 yuan per ton ; Some traders in Chengdu are focusing their negotiations on a price range of around 2,850–2,900 yuan per ton.

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