Methanol price trends across China on July 26

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Methanol price trends across China on July 26 Author/Source: Date: 2019-07-26 Clicks: 3 The methanol market in the Northeast region remains stable; the prevailing selling price for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, is around 1,950 yuan per ton, with some companies temporarily stopping shipments； The quotes from major traders for goods shipped from Liaoning are around 1,950–2,000 yuan per ton. The methanol market in Hebei region continues to decline; the prevailing price for enterprises in Shijiazhuang and its surrounding areas is 1,850–1,870 yuan per ton, with slightly lower prices for larger orders. Most purchases are driven by genuine downstream demand ； The delivery price in the Wen’an area is 1,760 yuan per ton ； In the Tangshan area, the reference price is 1,900 yuan per ton, minus 50 yuan. The methanol market in Henan region is experiencing weak fluctuations, with a subdued trading atmosphere; some companies are negotiating prices around 1,830–1,840 yuan per ton. It is also reported that traders in Luoyang are quoting around 1,750–1,760 yuan per ton. The methanol market in Shanxi region continues to weaken, with the prevailing price ranging between 1,630 and 1,710 yuan per ton. In Jincheng, the price of mainstream products has dropped by 10–40 yuan, ranging from 1,670 to 1,710 yuan per ton. Sales of high-end products are struggling, and bearish trends are expected in the future ； In Linfen, the price of the mainstream product has dropped by 10–30 yuan, ranging from 1,670 to 1,700 yuan per ton; the price level is on the lower side, and local major companies do not have large inventory levels ； The retail price in Changzhi remains stable at 1,800 yuan per ton ； The latest auction price in the Lüliang area is 1,630 yuan per ton ； The prevailing price in Yuncheng is 1,710 yuan per ton. The methanol market in the Two Lakes region is experiencing weak fluctuations, with pessimistic attitudes among industry players. In Hubei, the prevailing negotiation prices range from 1,970 to 2,000 yuan per ton; these are the export prices of major manufacturers at the lower end, while some traders in Wuhan offer higher prices ； Some negotiations in the Hunan region are around 2,100 yuan per ton, with quotes mainly coming from traders in Changsha. The methanol market in the southwest region is stable, with weak trading activity; the main selling price for some companies in Sichuan and Chongqing is around 1,850–2,000 yuan per ton ； Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are negotiating prices around 1,900–1,950 yuan per ton (for the lower-end grade without invoices). The spot market for methanol in Fujian remains weak; the current price in the main storage areas of Quangang is around 2,140 yuan per ton, while the price in Xiamen is around 2,160 yuan per ton. Demand is limited, and the market atmosphere is sluggish.