Thread Content
Methanol price trends across China on July 30 Author/Source: Date: 2019-07-30 Clicks: 63 The methanol market in Hebei is performing moderately; the ex-factory prices of companies in Shijiazhuang and its surrounding areas are around 1,850 yuan per ton. Prices remain at a low level, demand from downstream buyers is weak, and transactions are sluggish; The major companies in the Tangshan area do not provide quotes to external parties. The methanol market in Henan region is experiencing weak fluctuations, with a subdued trading atmosphere; some companies are negotiating prices around 1,770–1,800 yuan per ton. It is also understood that traders in Luoyang are quoting around 1,770 yuan per ton. The methanol market in the southwest region is experiencing weak fluctuations, with weak demand from downstream industries; the main selling price for some companies in Sichuan and Chongqing is around 1,800–1,950 yuan per ton ; Affected by the surrounding market conditions, some traders in Sichuan and Chongqing are negotiating prices around 1,880–1,930 yuan per ton (for the lower-end grade without invoices). The methanol market in the Hubei and Hunan regions remains stable; in Hubei, the prevailing negotiation price is between 1,970 and 2,000 yuan per ton. This represents the ex-factory 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 2,100 yuan per ton, with quotes mainly coming from traders in Changsha. The methanol market in Anhui region has seen steady upward trends; Zhongan United sources methanol from external suppliers, and the trading atmosphere in the market has improved. The main selling price for some companies is around 1,960–1,970 yuan per ton on an acceptance basis. The spot market for methanol in Fujian region continues to decline; the spot prices in the main storage areas of Quangang are around 2,100 yuan per ton, while those in Xiamen are around 2,130 yuan per ton. Demand is limited, resulting in a sluggish market atmosphere.