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Methanol price trends across China on June 3

2019-06-04View Original

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Methanol price trends across China on June 3 Author/Source: Date: 2019-06-03 Clicks: 18 The methanol market in Henan remains stable, with weak trading activity; some companies are negotiating prices around 2170–2200 yuan per ton. It is also reported that traders in Luoyang are quoting prices around 2100–2130 yuan per ton. The methanol market in Anhui region is weakening, with moderate trading activity; some companies are selling their products at around 2280–2300 yuan per ton on an acceptance basis. The spot market for methanol in Fujian is weak; prices for spot supplies at the main storage areas in Quangang and Xiamen are around 2,400 yuan per ton. In the Two Lakes region, the methanol market is characterized by a wait-and-see attitude; in Hubei, the prevailing negotiation price ranges from 2,360 to 2,450 yuan per ton. This represents the ex-factory prices of major manufacturers at the lower end, while some traders in Wuhan have offered prices for the higher-end products ; Some negotiations in the Hunan region are around 2,550–2,580 yuan per ton, with quotes mainly coming from traders in Changsha. The methanol market in the southwest region is in a state of stability; at the beginning of the week, traders adopted a wait-and-see attitude. Currently, some companies in Sichuan and Chongqing are selling methanol at around 2200–2320 yuan per ton ; Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 2,350–2,400 yuan per ton.

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