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Methanol price trends across China on July 12

2019-07-12View Original

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Methanol price trends across China on July 12 Author/Source: Date: 2019-07-12 Clicks: 4 The methanol market in the Northeast remains stable; the main selling prices for methanol produced from coal and coke oven gas in Qitaihe, Heilongjiang, are around 1,950–2000 yuan per ton, with sales primarily directed to the local area and Jilin; The quotes from major traders for goods delivered to Liaoning are around 2,050 yuan per ton. The methanol market in Anhui region is in a state of consolidation; trading activity is weak, and there is a strong atmosphere of caution among industry players. The main selling price for some companies is around 2200–2230 yuan per ton on an acceptance basis, while some products are available at lower prices as well. The methanol market in the Hunan and Hubei regions remains stable for now, with weak demand from downstream industries. In Hubei, the prevailing negotiation price is 2150–2200 yuan per ton; this represents the ex-plant prices of major manufacturers, while some traders in Wuhan offer higher prices ; Some negotiations in the Hunan region are around 2,300 yuan per ton, with quotes mainly coming from traders in Changsha. The methanol market in the southwest region is stable; currently, the main selling price for some enterprises in Sichuan and Chongqing is around 1,980–2,100 yuan per ton ; Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are discussing prices around 2,030–2,100 yuan per ton (for lower-quality products without certificates). The methanol market in Hebei region remains stable; the typical ex-factory price for enterprises in Shijiazhuang and its surrounding areas is between 1,950 and 2,000 yuan per ton. It is reported that due to reduced supply in the surrounding areas, major manufacturers are tentatively raising prices ; The delivery price in the Wen’an area remains stable at 1,960–1,970 yuan per ton ; In the Tangshan area, the reference price is 2,000 yuan per ton, which is 60 yuan below that price.

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