Methanol price trends across China on July 24

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Methanol price trends across China on July 24 Author/Source: Date: 2019-07-24 Clicks: 5 The methanol market in Hebei region continued to decline; the mainstream ex-factory prices of enterprises in Shijiazhuang and its surrounding areas dropped by 30 yuan, reaching 1,800–1,900 yuan per ton. Prices are mainly at the mid-to-low end, with customers making purchases based on their needs； The delivery price in the Wen’an area is 1,790 yuan per ton; transactions are generally average ； The reference price in the Tangshan area remains stable at 1,950 yuan per ton. The methanol market in Henan region is weakening, with a subdued trading atmosphere; some companies are offering prices of around 1,860–1,900 yuan per ton. It is also understood that traders in Luoyang are quoting around 1,800–1,820 yuan per ton. The market in the Shanxi region is operating weakly, with prices ranging from 1,650 to 1,800 yuan per ton. The mainstream price in Jincheng is 1,720–1,740 yuan per ton, with companies generally selling at this level ； In Linfen, the mainstream price has dropped by 60 yuan, standing at 1,700–1,710 yuan per ton; trading activity is relatively weak ； The retail price in Changzhi is 1,800 yuan per ton ； In Yuncheng, the mainstream price is 1,730 yuan per ton, which is 60 yuan less ； The latest bidding price for Lüliang is 1,650 yuan per ton. Inventory consumption in methanol-producing enterprises in southern Shandong faces obstacles, while retail prices for these enterprises in southern Shandong have dropped by 20 yuan, to around 1900–1910 yuan per ton ； Traders’ main quotes for the ticketless goods in Linyi area are around 1,900 yuan per ton; a few have offered lower prices, but trading remains sluggish. Sales performance for methanol producers in northern Shandong has been poor; the ex-plant prices in central and eastern Shandong have generally dropped by 20–50 yuan, to between 1860–1980 yuan per ton, with even lower prices reported in some cases ； Traders from nearby areas such as Dongying and Zibo mainly follow market trends, with offers at around 1860–1890 yuan per ton. The methanol market in Anhui region is weakening; the main selling price for some companies is around 2,020–2,030 yuan per ton on an acceptance basis. In the Fuyang region, the prevailing price is 2,000 yuan on an acceptance basis, and the trading atmosphere remains poor. The methanol market in the southwest region is weakening, with weak trading activity; the main selling price for some companies in Sichuan and Chongqing is around 1,850–2,010 yuan per ton ； Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are negotiating prices around 1,930–1,980 yuan per ton (for low-end products without invoices). The methanol market in the Hunan and Hubei regions is showing weak trends, with little activity in trading. In Hubei, the prevailing negotiation prices range from 1,980 to 2,050 yuan per ton; these are the export prices of major manufacturers at the lower end, while some traders in Wuhan have offered prices at the higher end ； In the Hunan region, some negotiation prices are around 2,090–2,100 yuan per ton, with most of these quotes coming from traders in Changsha.