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Methanol price trends across China on June 27

2019-06-27View Original

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Methanol price trends across China on June 27 Author/Source: Date: 2019-06-27 Clicks: 6 The methanol market in Hebei is operating in a sluggish state; the typical ex-factory price for enterprises in Shijiazhuang and its surrounding areas is between 2,000–2,050 yuan per ton, with prices remaining at a moderate to low level; The delivery price in the Wen’an area is 1,950 yuan per ton, with weak transaction activity ; The reference price in the Tangshan area remains stable at 2,130 yuan per ton. The methanol market in Henan region is declining; some companies are negotiating prices around 2,030–2,100 yuan per ton, with transactions lean ing towards the mid-to-low end of this range. It is also understood that traders in Luoyang are quoting around 2,040–2,050 yuan per ton. The trend of the methanol market in Shanxi is moderate, with the prevailing price ranging from 1,900 to 2,000 yuan per ton. The mainstream price in Jincheng is around 1,970 yuan per ton; lower prices are also available ; The mainstream price in Linfen is around 1,910 yuan per ton ; The mainstream price in Yuncheng is 1,930 yuan per ton ; The retail price in Changzhi is 2,020 yuan per ton ; The Lüliang region mainly executes prior contracts. Methanol producers in northern Shandong are facing poor sales performance; the prevailing ex-plant prices in central and eastern Shandong range around 2,080–2,140 yuan per ton, with some areas still seeing lower prices ; Traders in nearby areas such as Dongying and Zibo have offered prices of 2,020–2,080 yuan per ton, with a moderate level of transaction activity. Methanol producers in southern Shandong are facing poor sales performance; the retail prices of these companies in southern Shandong have been reduced by 10 yuan, to around 2130–2140 yuan per ton, for the high-end products ; Traders’ prevailing quotes for Linyi region products without invoices are around 2100–2110 yuan per ton; demand is limited, so transactions remain modest. The methanol market in Anhui region is in a state of consolidation, with a sluggish trading atmosphere; some companies are selling their products at around 2,220 yuan per ton on an acceptance basis. The methanol market in the Hunan and Hubei regions remains stable, with modest trading activity. In Hubei, the prevailing negotiation price is 2230–2300 yuan per ton; this represents the export prices of major manufacturers at the lower end, while some traders in Wuhan offer prices for higher-end products ; In the Hunan region, some negotiation prices range around 2,380–2,400 yuan per ton; these are mostly quotes from traders in Changsha, with transaction prices leaning towards the lower end. The methanol market in the southwest region remains stable for now; currently, the main selling price at some enterprises in Sichuan and Chongqing is around 2,050–2,170 yuan per ton ; Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 2160–2200 yuan per ton.

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