Methanol price trends across China on April 16

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Methanol price trends across China on April 16 Author/Source: Date: 2019-04-16 Clicks: 89 The methanol market in the Northeast region remains stable; the main selling prices for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, are between 2350 and 2500 yuan per ton. Transactions mostly occur at lower price levels, with sales primarily directed to the local area and Jilin province； The quotes from major traders for goods delivered to Liaoning are around 2400–2450 yuan per ton. The methanol market in Henan region is stable; major methanol producers are selling at around 2,330–2,350 yuan per ton, with sluggish sales. It is also reported that traders in Luoyang are quoting prices around 2,230–2,250 yuan per ton. The methanol market in Shanxi region continued to decline, with major manufacturers selling at prices ranging from 2100 to 2200 yuan per ton, a decrease of 50-70 yuan compared to previous levels. In Jincheng, the price is 20-30 yuan lower, at 2150-2180 yuan per ton; it falls in the mid-to-low range for density ； The export prices of low-end products from local enterprises in Linfen have dropped by 20 yuan, to 2150–2160 yuan per ton; keep an eye on the latest auction prices set by Shanxi Coking ； The price in the Yuncheng area dropped by 40 yuan to 2,150 yuan per ton ； The auction price in the Changzhi area today is 2,170–2,190 yuan per ton ； In the Xiaoyi area, the prevailing price is 2,100–2,110 yuan per ton. Methanol producers in northern Shandong have varying shipment volumes, while those in central and eastern Shandong have seen their average ex-plant prices drop by 30 yuan, to around 2370–2400 yuan per ton ； Traders adjust their prices according to market conditions; traders in nearby areas such as Dongying and Zibo are offering prices of 2310–2340 yuan per ton. Some goods are still available at lower prices, with individual buyers willing to pay less than 2300 yuan per ton. In the Anhui region, the methanol market sees orders placed based on demand at the downstream end; the trading atmosphere in the market is average. Some companies sell their product at around 2400–2420 yuan per ton on an acceptance basis. The methanol market in the Two Lakes region is stable; in Hubei, the prevailing negotiation price is 2470–2500 yuan per ton, which represents the ex-plant prices of major manufacturers at the lower end, while Wuhan-based traders offer prices for the higher-end products ； In the Hunan region, some negotiation prices range around 2,600–2,650 yuan per ton; these are mostly quotes from traders in Changsha. Demand in the market is weak, resulting in few transactions. The spot methanol market in Fujian region has declined slightly due to the influence of futures; suppliers in Xiamen and Quangang are offering prices ranging from 2600 to 2620 yuan per ton, a decrease of 30 yuan, as there is limited supply in the area.