Methanol price trends across China on July 19

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Methanol price trends across China on July 19 Author/Source: Date: 2019-07-19 Clicks: 89 The methanol market in Anhui region is weakening, with a poor trading atmosphere; some companies are selling their product at around 2120 yuan per ton on credit. The methanol market in the Two Lakes region remains stable; in Hubei, the prevailing negotiation price is 2,030–2,100 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 ； Some negotiations in the Hunan region are around 2,200 yuan per ton, with quotes mainly coming from traders in Changsha. The methanol market in the southwest region remains stable, but demand from downstream industries is weak; currently, the main selling price for some enterprises in Sichuan and Chongqing is around 1,930–2,050 yuan per ton ； Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are negotiating prices around 2,000–2,040 yuan per ton (for low-end products without invoices). The spot market for methanol in Fujian region has weakened; the spot prices in the main storage areas of Quangang are around 2,230 yuan per ton, while those in Xiamen are around 2,250 yuan per ton, with negotiations at an impasse.