Methanol price trends across China on June 24

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Methanol price trends across China on June 24 Author/Source: Date: 2019-06-24 Clicks: 15 The methanol market in Hebei is operating in a sluggish state; the typical export prices for enterprises in Shijiazhuang and its surrounding areas remain stable at 2050–2100 yuan per ton, with prices centered at the lower end. At the beginning of the week, market participants tended to adopt a wait-and-see attitude； The reference price in the Tangshan area remains stable at 2,050 yuan per ton. The methanol market in Henan remains stable, with some companies negotiating prices around 2,090–2,100 yuan per ton. It is also reported that traders in Luoyang are quoting prices around 2,060–2,080 yuan per ton. The methanol market in Shanxi region has seen slight declines, with prices generally ranging between 1,920 and 2,000 yuan per ton. Jincheng remains stable at around 1,980 yuan per ton, with companies selling at average prices ； Linfen’s price dropped by 10 yuan, reaching 1,930–1,950 yuan per ton, remaining in the mid-to-low range ； The mainstream price in Yuncheng remains at 1,970 yuan per ton ； The retail price in Changzhi remains stable at 2,050 yuan per ton ； The latest auction price in the Lüliang area is 1,920 yuan per ton. The sales performance of methanol producers in northern Shandong is average, with the ex-plant prices in central and eastern Shandong remaining stable at around 2100–2140 yuan per ton ； Traders in nearby areas such as Dongying and Zibo have offered prices of 2,080–2,120 yuan per ton, with industry players adopting a cautious attitude. The sales performance of methanol producers in southern Shandong is average; the prevailing retail price for companies in this region has dropped by 10 yuan, to around 2150–2160 yuan per ton, with discounts available for larger orders ； Traders are offering a mainstream price of around 2,110–2,120 yuan per ton for products from the Linyi area without invoices, and industry sentiment is poor. In the Two Lakes region, the methanol market is characterized by a wait-and-see attitude; in Hubei, the prevailing negotiation price is 2230–2300 yuan per ton, representing 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 are around 2,380–2,400 yuan per ton, with most of these quotes coming from traders in Changsha. The methanol market in the southwest region remains stable, with downstream buyers purchasing according to their needs; there is a tendency to wait and observe at the beginning of the week. Currently, some companies in Sichuan and Chongqing are selling methanol at around 2050–2170 yuan per ton ； Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 2180-2200 yuan per ton. The spot market for methanol in Fujian is operating in a stable manner; the spot prices in the main storage areas of Quangang are around 2,400 yuan per ton, while those in Xiamen are around 2,420 yuan per ton. The overall market atmosphere is moderate.