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Methanol price trends across China on July 22

2019-07-22View Original

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Methanol price trends across China on July 22 Author/Source: Date: 2019-07-22 Clicks: 2 The methanol market in the Northeast remains stable; the prevailing selling prices for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, are around 1,950–2,050 yuan per ton, with sales mainly directed at local markets and Jilin; The quotes from major traders for goods shipped from Liaoning are around 2,000–2,050 yuan per ton. The methanol market in Henan is stable, with a cautious attitude among traders; some companies are negotiating prices around 1,900–1,920 yuan per ton. It is also reported that traders in Luoyang are quoting around 1,860 yuan per ton. The methanol market in Shanxi is showing weak trends, with the prevailing price ranging between 1,750 and 1,850 yuan per ton. In Jincheng, the mainstream price is 1,810 yuan per ton, minus 20 yuan; some companies are adopting a wait-and-see attitude and have not yet announced their latest prices ; The price of mainstream low-end products in Linfen has dropped by 20 yuan, to 1,760–1,790 yuan per ton ; The retail price in Changzhi remains stable at 1,860 yuan per ton ; The mainstream price in Yuncheng remains stable at 1,810 yuan per ton ; The latest auction price in the Lüliang area is 1,750 yuan per ton. Methanol producers in southern Shandong are facing poor sales, with retail prices for companies in that region dropping by 30 yuan to around 1950–1960 yuan per ton ; Traders are quoting around 1,920–1,930 yuan per ton for the Linyi region products without invoices. Environmental pressures are increasing, and demand from downstream buyers is weak. In the Two Lakes region, the methanol market is characterized by a wait-and-see attitude; in Hubei, the prevailing negotiation prices range from 2,030 to 2,100 yuan per ton. These are the outlet prices of major factories at the lower end, while Wuhan-based traders offer prices for the higher-end products ; Some negotiations in the Hunan region are around 2,150 yuan per ton, with quotes mainly coming from traders in Changsha. The methanol market in the southwest region is stable, with weak demand from downstream industries; currently, the main selling price for some companies 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 1,950–2,000 yuan per ton (for lower-quality products without invoices).

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