Summary Post on the Methanol Market Conditions and Prices in November 2016

Methanol prices as of November 1, 2016: http://www.chemcp.com. According to China Chemical Products Network, the details are as follows: Shandong Lianmeng industrial-grade methanol – price of 2220, paid in cash; Shandong Xinneng Fenghuang industrial-grade methanol – price of 2310, with stable supply; Hubei Sanning industrial-grade methanol – price of 2300, with some products used internally; Hebei Shijiazhuang Jinshi industrial-grade methanol – price of 2130; Shandong Yankuang Group industrial-grade methanol – price of 2220, with normal supply; Shandong Binzhou Xintianyang methanol – price of 2300; Shandong Tengzhou Shenglong industrial-grade methanol – price of 2260; Shanxi Jiantao Lubao industrial-grade methanol – price of 2200; Shandong Linyi Hengchang industrial-grade methanol – price of 2280, with normal supply; Shanxi Jiantao Wanxinda industrial-grade methanol – price of 2100; Shandong Mingshui Dahuahua industrial-grade methanol – price of 2250, paid in cash; Daqing Oilfield industrial-grade methanol – price of 2500, ex-factory; Chongqing Wansheng methanol – price of 0, not for export at present; Heilongjiang Qitaihe Jiwei industrial-grade methanol – price of 2800; Henan Xinlianxin industrial-grade methanol – price of 2200; Hebei Dingzhou Tianlu New Energy industrial-grade methanol – price of 2200; Sichuan Chuanwei industrial-grade methanol – price of 2300; Sichuan Dazhou Iron and Steel industrial-grade methanol – price of 0; Hebei Zhengyuan Chemical industrial-grade methanol – price of 2170, payable by acceptance; Heilongjiang Yidaxin industrial-grade methanol – price of 2500; Heilongjiang Jianlong Iron and Steel industrial-grade methanol – price of 2400, ex-factory; Guizhou Jinchili Chemical industrial-grade methanol – price of 2450; Anhui Haoyuan industrial-grade methanol – price of 2270, payable by acceptance, ex-factory; Henan Hebi Coal and Electricity industrial-grade methanol – price of 2200; Hunan Yihua industrial-grade methanol – price of 0, with stable supply; Jiangsu Yizhou Coal Coking industrial-grade methanol – price of 2240; Jiangsu Hengsheng industrial-grade methanol – price of 2260; Anhui Linquan industrial-grade methanol – price of 2280, payable by acceptance; Shanxi Coking industrial-grade methanol – price of 2030; Shanxi Anze Yongxin industrial-grade methanol – price of 2050; Yunnan Yunwei methanol – price of 2150, with average supply; Anhui Linhuan Coking industrial-grade methanol – price of 2250, payable by acceptance, ex-factory; Shaanxi Shenmu Chemical industrial-grade methanol – price of 2180; Heilongjiang Zhongmei Longhua industrial-grade methanol – price of 2600; Shanxi Datuhé Coking industrial-grade methanol – price of 2050; Heilongjiang Baotailong Coal Methanol – price of 2800

Analysis and forecast of domestic methanol price trends on November 1 http://www.chemcp.com November 1, 2016, China Chemical Products Network: In the domestic market, methanol prices showed mixed trends in different regions. Currently, shipments in the northwest region are under pressure, with downstream buyers making purchases based on demand. Enterprises in the lower reaches of the Bohai Sea region have high inventory levels, resulting in limited purchasing activity. There are not many goods available for sale in the port area; however, there has been excessive speculation on futures. The end-of-month restocking has concluded, and downstream demand is declining. Overall, the outlook is hardly optimistic. Northwest Region: New prices have seen a slight decline locally; no new orders have been signed yet ； Bohai Rim region: Trading activity is moderate; the market remains stable for now ； Huaihai region: shipments are satisfactory, with slight increases in some areas ； Port area: Futures hit price limits and rose sharply. Forecast: The domestic methanol market is likely to see narrow fluctuations, with varying prices in different areas. Today, close attention should be paid to the order situation in the northwest, the delivery status in various regions, and the trend of futures prices.

Analysis of methanol price trends as of November 1, 2016: http://www.chemcp.com. As of November 1, 2016, according to China Chemical Products Network, the retail prices for enterprises in southern Shandong have increased by 50–60 yuan per ton, reaching 2280–2300 yuan per ton. Traders offer a price of around 2300 yuan per ton for deliveries to Linyi area without invoices. Dynamic Enterprises’ shipments are fairly good. Dynamic futures rise, with ports in East China seeing increases. The mainstream ex-factory prices in central and eastern Shandong have risen by 60–70 yuan per ton, reaching 2240–2260 yuan per ton. Traders in Zibo and the surrounding areas are offering prices around 2300 yuan per ton, while it is reported that some transactions are being made at around 2280 yuan per ton. Dynamic Enterprises’ shipments are fairly good. Quotation for methanol at Taicang port in Jiangsu: negotiation price is 2400–2410 yuan per ton ； In the morning, some transactions in Taicang were at around 2,400 yuan per ton ； The prevailing transaction/offer prices in Nantong are around 2,460–2,480 yuan per ton, while in Jiangyin and Changzhou they are between 2,480–2,490 yuan per ton ； At the Ningbo port, some methanol traders are quoting prices sporadically in the range of 2,490–2,500 yuan per ton; however, trading activity remains limited. As of press time in South China, the prevailing quotes for methanol at Guangdong ports ranged from 2,480 to 2,490 yuan per ton. In the morning, some transactions were conducted at around 2,470–2,480 yuan per ton. The methanol market remains relatively stable, with average levels of trading activity. Currently, the prevailing acceptance-based selling price for manufacturers in the Anhui region is around 2,300–2,330 yuan per ton. The dynamic methanol market is on the rise; major producers are operating normally and fulfilling most contracts. The methanol market in the Two Lakes region is on the rise. In the Hubei region, the prevailing negotiation price ranges from 2,350 to 2,470 yuan per ton; these are the factory prices offered by major manufacturers for the lower-end products, while traders in Wuhan provide prices for the higher-end products ； The prevailing negotiation price in Hunan is between 2,500 and 2,550 yuan per ton; manufacturers have suspended providing quotes, with most quotes coming from traders in Changsha. The ex-plant prices of major methanol producers in the southern and southeastern parts of Shanxi Province range from 2,040 to 2,100 yuan per ton. The plant in Jincheng is operating stably, with quoted prices of 2,150 yuan per ton ； The spot price for shipments in Linfen is around 2,040–2,100 yuan per ton, while the prevailing price for shipments in Changzhi is around 2,080–2,100 yuan per ton. Market activity remains satisfactory for now. In the southwestern region, the main selling price for products manufactured in Sichuan and Chongqing is around 2,250–2,300 yuan per ton. Affected by factors in the surrounding areas, the price at which major suppliers in Sichuan and Chongqing accept orders, including taxes, is around 2,420–2,450 yuan per ton. Dynamic Methanol Market Update: Manufacturers mainly focus on fulfilling contracts ； The ex-factory prices of major enterprises in Fujian range from 2,600 to 2,650 yuan per ton; the actual transaction price can be negotiated. Sellers at the Quangang and Xiamen ports offer prices of 2,600 yuan per ton on a sporadic basis. Trading in the dynamic methanol market is limited. The spot ex-plant prices for major enterprises in Shaanxi and Inner Mongolia range from 2,090 to 2,180 yuan per ton; lower-end prices are settled in cash, while higher-end prices are settled by acceptance. Among them, the ex-plant price in cash for enterprises in northern Shaanxi is 2150 yuan per ton; some have not yet set a price. The ex-plant price in cash for major enterprises in central Shaanxi ranges from 2090 to 2150 yuan per ton, while the price with acceptance terms is 2180 yuan per ton ； Most enterprises in the northern region of Inner Mongolia have not yet set new prices; the ex-plant price for enterprises in the southern region of Inner Mongolia is 2,150 yuan per ton in cash terms. In the Henan region, the typical selling price for local methanol producers is around 2,150–2,230 yuan per ton ； It is also understood that the mainstream quotes from traders in Luoyang are around 2,200–2,250 yuan per ton, with moderate trading activity. The dynamic methanol market is rising. As of the time of writing in the Hebei region, the price of goods shipped by enterprises in Shijiazhuang and its surrounding areas has increased by 30 yuan per ton, ranging from 2090 to 2140 yuan per ton; the price for goods sold through trading channels is between 2100 and 2150 yuan per ton. In Wen’an, the price without invoices is 2150–2160 yuan per ton. In Tangshan, the standard selling price is around 2250 yuan per ton. Overall, market transactions are proceeding fairly well, with slight increases in the price of methanol in certain areas. The prevailing selling prices for methanol produced from coal or coke oven gas by enterprises in Heilongjiang are around 2,250–2,300 yuan per ton; the products are mainly sold locally and in Jilin ； Affected by Tangshan, major traders are quoting prices of around 2350–2400 yuan per ton for goods delivered to Liaoning. The methanol market in the Northeast region remains stable for now.

Analysis and forecast of domestic methanol price trends on November 2 http://www.chemcp.com November 2, 2016 China Chemical Products Network Domestic: New production facilities have come online in the Ningxia region in the northwest, increasing supply; overall, companies’ signing of orders remains moderate. Periodic restocking by downstream enterprises in the Bohai Rim region has driven up market prices. Outside the port area, prices remain high; there is a limited supply of goods available for sale, and coupled with aggressive speculation by investors, prices continue to rise. Northwest region: Market prices in this region vary; purchases of olefins by downstream users are proceeding as normal, inventory levels on the upstream side are low, and companies are seeing good sales performance. Bohai Rim region: Affected by the high prices in the northwest, prices in this region have risen accordingly. Prices for shipments from upstream suppliers have increased, but demand from downstream buyers is moderate, keeping prices at high levels. Port area: Import shipments are arriving at the ports one after another, and the methanol market has seen a noticeable rise driven by futures prices. Forecast: The domestic methanol market is expected to fluctuate within a narrow range, with some areas still showing an upward trend.

Methanol quotes as of November 2, 2016: http://www.chemcp.com
November 2, 2016, China Chemical Products Network

| Enterprise/Region | Type | Price | Remarks |
|------------------|------|-------|---------|
| Shanxi Jiantao Lubao | Industrial-grade methanol | 2,200 | Quoted price |
| Cangzhou China Railway Coke & Chemical | Industrial-grade methanol | 2,240 | Factory-quoted price |
| Henan Hebi Coal & Electricity | Industrial-grade methanol | 2,300 | Quoted price |
| Shaanxi Weihe Chemical | Methanol – 2,220 | Regional quoted price |
| Anhui Linquan | Industrial-grade methanol | 2,380 | Quoted price with acceptance guarantee |
| Shandong Linyi Hengchang | Industrial-grade methanol | 2,370 | Shipments proceeding normally |
| Hubei Sanning | Industrial-grade methanol | 2,350 | Some products are for internal use |
| Shaanxi Black Cat Coke & Chemical | Industrial-grade methanol | 2,150 | Quoted price |
| Hebei Shijiazhuang Jinshi | Industrial-grade methanol | 2,160 | Quoted price |
| Shandong Tengzhou Shenglong | Industrial-grade methanol | 2,320 | Factory-quoted price |
| Yunnan Yunwei | Methanol – 2,200 | Shipments average |
| Shanxi Anze Yongxin | Industrial-grade methanol | 2,120 | Quoted price |
| Guizhou Jinchi Chemical | Industrial-grade methanol | 2,450 | Quoted price |
| Sichuan Dazhou Iron & Steel | Industrial-grade methanol | 0 | No quote provided |
| Dalian Dahua | Methanol – 2,320 | Sales limited to local area only |
| Heilongjiang Jianlong Steel | Industrial-grade methanol | 2,400 | Factory-quoted price |
| Heilongjiang Yidaxin | Industrial-grade methanol | 2,500 | Quoted price |
| Shandong Xineng Fenghuang | Industrial-grade methanol | 2,350 | Shipments stable |
| Shandong Binzhou Xintianyang | Methanol – 2,300 | Quoted price |
| Shaanxi Changqing Energy | Industrial-grade methanol | 2,160 | Factory price |
| Shandong Lianmeng | Industrial-grade methanol | 2,260 | Current quoted price |
| Daqing Oilfield | Industrial-grade methanol | 2,500 | Factory price |
| Heilongjiang China Coal Longhua | Industrial-grade methanol | 2,600 | Quoted price |
| Hebei Dingzhou Tianlu New Energy | Industrial-grade methanol | 2,250 | Quoted price |
| Hebei Zhengyuan Chemical | Industrial-grade methanol | 2,200 | Quoted price with acceptance guarantee |
| Shanxi Datuhe Coke & Chemical | Industrial-grade methanol | 2,100 | Quoted price |
| Henan Xinlianxin | Industrial-grade methanol | 2,300 | Quoted price |
| Shanxi Coking | Industrial-grade methanol | 2,060 | Quoted price |
| Shaanxi Shenmu Chemical | Industrial-grade methanol | 2,150 | Quoted price |
| Shanxi Jiantao Wanxinda | Industrial-grade methanol | 2,150 | Quoted price |
| Shandong Mingshui Dahua | Industrial-grade methanol | 2,300 | Quoted price in cash |
| Sichuan Chuanwei | Industrial-grade methanol | 2,300 | Quoted price |
| Jiangsu Yizhou Coal & Coke Chemical | Industrial-grade methanol | 2,340 | Quoted price |
| Tangshan Guyu Coal & Coke Chemical | Industrial-grade methanol | 2,280 | Current quoted price |
| Hebei Tangshan Zhongrun | Industrial-grade methanol | 2,310 | Mainly purchased by nearby buyers |
| Heilongjiang Baotailong Coal | Industrial-grade methanol | 2,800 | Quoted price |
| Jiangsu Hengsheng | Industrial-grade methanol | 2,350 | Quoted price |
| Shandong Yankuang Group | Industrial-grade methanol | 2,280 | Shipments proceeding normally |

Analysis of methanol price trends on November 2, 2016: http://www.chemcp.com. As of November 2, 2016, according to China Chemical Products Network, the retail prices for enterprises in southern Shandong have risen by 40 yuan per ton, reaching 2320–2340 yuan per ton. Traders offer a price of around 2320 yuan per ton for deliveries to Linyi area without invoices. The factory prices of the main manufacturers in the dynamic sector have increased; sales are decent. Coupled with high prices in surrounding markets and moderate inventory levels held by traders, the market as a whole is seeing an upward trend. In central and eastern Shandong, the prevailing ex-factory prices rose by 20 yuan per ton at the upper end, reaching around 2,280 yuan per ton. For traders in Zibo, Dongying, and surrounding areas, the typical transaction prices ranged from 2,300 to 2,320 yuan per ton. Driven by strong prices in the northwest region and rising freight costs, along with higher factory prices from manufacturers in other areas, sales for these companies remain satisfactory. Overall prices continue to rise, but it is difficult for downstream buyers to keep up. The quoted price/negotiation range for methanol at the Taicang port in Jiangsu is 2,350–2,360 yuan per ton. The mainstream transaction/offer prices in Nantong are around 2,440–2,460 yuan per ton, while in Jiangyin and Changzhou they range from 2,460 to 2,480 yuan per ton. At the Ningbo port, some methanol traders are quoting prices sporadically at 2,480–2,490 yuan per ton; however, trading activity remains limited. Dynamic futures prices are falling, and ports in East China are seeing price declines; in the morning, some transactions in Taicang were at around 2,360 yuan per ton. The prevailing price of methanol at ports in Guangdong, South China, is between 2460 and 2480 yuan per ton. The dynamic methanol market is on a downward trend; some transactions this morning took place at around 2460-2470 yuan per ton, with moderate market activity. The ex-factory prices of major companies in Fujian region range from 2,700 to 2,750 yuan per ton. There is limited trading in the dynamic methanol market, and actual transaction prices can be negotiated; merchants at Quangang and Xiamen ports are offering prices of 2,600 yuan per ton on a sporadic basis. The prevailing ex-plant acceptance price for manufacturers in Anhui region is around 2,360–2,380 yuan per ton. With the rising dynamics in the methanol market, major companies are operating normally, adhering to their contracts, while there is a strong tendency to wait and observe. The ex-plant prices of major methanol producers in the southern and southeastern parts of Shanxi Province range from 2,040 to 2,150 yuan per ton; the plant in Jincheng operates stably, with quoted prices of 2,200 yuan per ton. Overall trading in the dynamic market is average, with most purchases being made on demand. The current price for shipments in Linfen is around 2040–2150 yuan per ton, while in Changzhi it is around 2100–2110 yuan per ton. Market activity is currently satisfactory. In Hubei region, the prevailing negotiation price ranges from 2,350 to 2,500 yuan per ton; the factory prices apply to major manufacturers in the lower-end segment, while prices offered by traders in Wuhan apply to the higher-end products. In Hunan region, the prevailing negotiation range is 2,550–2,600 yuan per ton. Manufacturers have suspended quoting; most quotes are provided by traders in Changsha. The methanol market in the dynamic Two Lakes region is mainly characterized by consolidation. The regional methanol market in Henan province has seen an overall price increase due to maintenance shutdowns at the major manufacturers; the typical selling price for methanol produced by local companies is around 2280–2300 yuan per ton. The prevailing quotes from traders in the Luoyang area are around 2,300–2,350 yuan per ton. Market activity is moderate, with companies selling in limited quantities; influenced by surrounding markets, the overall market price is on the rise. In the northern Jiangsu region, most manufacturers have raised their ex-factory prices by 30 yuan per ton, bringing them to 2,360–2,390 yuan per ton. The methanol market in the region is on the rise; major producers are maintaining stable operations, and most of their shipments go to contract customers. Currently, manufacturers are able to make satisfactory sales. The prevailing selling price for methanol produced from coal and coke oven gas in Heilongjiang is around 2,300–2,350 yuan per ton, with the product mainly sold locally and in Jilin. The quotes provided by the main traders in Liaoning are around 2,350–2,500 yuan per ton. Current manufacturer inventories are not high, but downstream demand remains weak, leaving market transactions at a standstill. The overall market in the southwest region is characterized by stability, with slight price increases in some areas. The main selling price for manufacturers in Sichuan and Chongqing is around 2,330–2,380 yuan per ton. Manufacturers generally adhere to their contracts, and there is a decent level of interest from buyers at the downstream end. The price at which major suppliers in Sichuan and Chongqing accept orders, including taxes, is around 2,420–2,450 yuan per ton. In the Hebei region, enterprises in Shijiazhuang and its surrounding areas are selling at around 2140–2170 yuan/ton, with a price of 30 yuan/ton higher for shipments through trading channels; in the Wen’an area, the price without invoices is 2170–2190 yuan/ton. In Tangshan, the standard selling price is around 2250 yuan/ton. The export prices of manufacturers in the dynamic Northwest region remain high, and rising freight costs further contribute to this trend. Manufacturers in other regions also see their prices staying firm due to environmental regulations and increasing coal prices. Trade merchants in these regions have decent sales performance, while demand from downstream buyers is average; as a result, prices remain high.

Product Name, Quotation Unit, Specifications, Quotation Type, Date of Quotation
Methanol, Dongguan Jiufeng, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Distributor price: 2,500 yuan/ton, November 2, 2016
Methanol, Hebei Zhengyuan, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,230 yuan/ton, November 2, 2016
Methanol, Linyi Hengchang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,450 yuan/ton, November 2, 2016
Methanol, Zhongneng Chemical, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,380 yuan/ton, November 2, 2016
Methanol, Shanxi Jinfeng, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,200 yuan/ton, November 2, 2016
Methanol, Mingshui Dahua, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,300 yuan/ton, November 2, 2016
Methanol, Tengzhou Fenghuang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,400 yuan/ton, November 2, 2016
Methanol, Shandong Yankuang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,320 yuan/ton, November 2, 2016
Methanol, China Coal Longhua, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,600 yuan/ton, November 2, 2016
Methanol, North China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,130 yuan/ton, November 2, 2016
Methanol, Hebei Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,180 yuan/ton, November 2, 2016
Methanol, East China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,440 yuan/ton, November 2, 2016
Methanol, Shandong Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,330 yuan/ton, November 2, 2016
Methanol, South China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,480 yuan/ton, November 2, 2016
Methanol, Hebei Zhengyuan, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,200 yuan/ton, November 1, 2016
Methanol, Linyi Hengchang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,370 yuan/ton, November 1, 2016
Methanol, Zhongneng Chemical, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,380 yuan/ton, November 1, 2016
Methanol, Inner Mongolia Rongxin, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,100 yuan/ton, November 1, 2016
Methanol, Wanxinda, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,150 yuan/ton, November 1, 2016
Methanol, Mingshui Dahua, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,300 yuan/ton, November 1, 2016
Methanol, Tengzhou Fenghuang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,350 yuan/ton, November 1, 2016
Methanol, Shandong Yankuang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,280 yuan/ton, November 1, 2016
Methanol, China Coal Longhua, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,600 yuan/ton, November 1, 2016
Methanol, Shandong Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,280 yuan/ton, November 1, 2016
Methanol, North China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,100 yuan/ton, November 1, 2016
Methanol, Hebei Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,160 yuan/ton, November 1, 2016
Methanol, East China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,470 yuan/ton, November 1, 2016
Methanol, South China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,490 yuan/ton, November 1, 2016
Methanol, Hebei Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,150 yuan/ton, October 31, 2016
Methanol, North China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,100 yuan/ton, October 31, 2016
Methanol, South China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,480 yuan/ton, October 31, 2016
Methanol, East China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,450 yuan/ton, October 31, 2016
Methanol, Shandong Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,230 yuan/ton, October 31, 2016
Methanol, Hebei Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,150 yuan/ton, October 28, 2016
Methanol, North China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,100 yuan/ton, October 28, 2016
Methanol, East China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,350 yuan/ton, October 28, 2016
Methanol, South China Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,470 yuan/ton, October 28, 2016
Methanol, Shandong Methanol, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Market price: 2,210 yuan/ton, October 28, 2016
Methanol, Hebei Zhengyuan, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,170 yuan/ton, October 27, 2016
Methanol, Linyi Hengchang, Type: Industrial methanol, http://china.toocle.com/images/icon1.gif, Factory price: 2,250 yuan/ton, October 27, 2016

Analysis and forecast of domestic methanol price trends on November 3 http://www.chemcp.com November 3, 2016 China Chemical Products Network: The domestic methanol market shows mixed trends. Currently, enterprises downstream in the Bohai Rim region are carrying out periodic restocking, and traders are actively pushing up prices, leading to a steady upward trend in the market; as a result, prices in regions such as Shaanxi and Inner Mongolia are also rising. Futures declined, port areas began to correct, and downstream demand remained sluggish. Currently, most regions make minor adjustments based on their own and surrounding actual shipment conditions; short-term price fluctuations occur quite frequently. Northwest region: The market trend remains strong; manufacturers can currently secure new orders ； Bohai Rim region: Trading is fair so far, with slight increases in some areas ； Huaihai region: Good shipments, with further increases in some areas ； Port area: Futures decline, prices correct. Forecast: The domestic methanol market is likely to see narrow fluctuations, with varying prices in different areas.

Methanol prices as of November 3, 2016: http://www.chemcp.com. As of November 3, 2016, according to China Chemical Products Network:

| Company/Region | Product Type | Price | Remarks |
|-----------------|--------------|-------|---------|
| Hebei Dingzhou Tianlu New Energy | Industrial-grade methanol | 2300 | Quote provided |
| Hebei Zhengyuan Chemical | Industrial-grade methanol | 2230 | Offer based on acceptance terms |
| Hubei Sanning | Industrial-grade methanol | 2350 | Some products are for internal use |
| Henan Xinlianxin | Industrial-grade methanol | 2300 | Quote provided |
| Heilongjiang Qitaihe Jiwei | Industrial-grade methanol | 2300 | Quote provided |
| Jiangsu Yizhou Coal Coking | Industrial-grade methanol | 2380 | Quote provided |
| Heilongjiang Yidaxin | Industrial-grade methanol | 2500 | Quote provided |
| Heilongjiang Jianlong Steel | Industrial-grade methanol | 2300 | Ex-factory price |
| Guizhou Jinchili Chemical | Industrial-grade methanol | 2500 | Quote provided |
| Shandong Yankuang Group | Industrial-grade methanol | 2320 | Normal shipments |
| Sichuan Chuanwei | Industrial-grade methanol | 2300 | Quote provided |
| Jiangsu Hengsheng | Industrial-grade methanol | 2390 | Quote provided |
| Shanghai Coking | Methanol | -2600 | Ex-factory price |
| Shandong Xinneng Phoenix | Industrial-grade methanol | 2400 | Stable shipments |
| Shandong Binzhou Xintianyang | Methanol | -2300 | Quote provided |
| Hebei Shijiazhuang Jinshi | Industrial-grade methanol | 2200 | Quote provided |
| Shandong Linyi Hengchang | Industrial-grade methanol | 2450 | Normal shipments |
| Shandong Tengzhou Shenglong | Industrial-grade methanol | 2360 | Ex-factory price |
| Shandong Mingshui Dahuahua | Industrial-grade methanol | 2300 | Cash payment required |
| Shanxi Datuhe Coking | Industrial-grade methanol | 2100 | Quote provided |
| Shandong Lianmeng | Industrial-grade methanol | 2300 | Cash payment required |
| Shanxi Jiantao Lubao | Industrial-grade methanol | 2200 | Quote provided |
| Cangzhou China Railway Coking | Industrial-grade methanol | 2240 | Ex-factory price |
| Henan Hebi Coal and Electricity | Industrial-grade methanol | 2300 | Quote provided |
| Shaanxi Weihe Chemical | Methanol | -2220 | Prices in the surrounding area |
| Anhui Linquan | Industrial-grade methanol | 2380 | Offer based on acceptance terms |
| Shaanxi Heimaohao Coking | Industrial-grade methanol | 2150 | Quote provided |
| Yunnan Yunwei | Methanol | -2200 | Average shipment volume |
| Shanxi Anze Yongxin | Industrial-grade methanol | 2120 | Quote provided |
| Sichuan Dazhou Steel | Industrial-grade methanol | 0 | No price available |
| Dalian Dahuahua | Methanol | -2320 | Sold only locally |
| Shaanxi Changqing Energy | Industrial-grade methanol | 2160 | Ex-factory price |
| Daqing Oilfield | Industrial-grade methanol | 2500 | Ex-factory price |
| Heilongjiang Zhongmei Longhua | Industrial-grade methanol | 2600 | Quote provided |
| Shanxi Coking | Industrial-grade methanol | 2060 | Quote provided |
| Shaanxi Shenmu Chemical | Industrial-grade methanol | 2150 | Quote provided |
| Shanxi Jiantao Wanxinda | Industrial-grade methanol | 2150 | Quote provided |
| Tangshan Guyu Coal Coking | Industrial-grade methanol | 2280 | Cash payment required |

Analysis of methanol price trends on November 3, 2016: http://www.chemcp.com. As of November 3, 2016, according to China Chemical Products Network, the ex-factory prices of major enterprises in Fujian range from 2,700 to 2,750 yuan per ton; actual transaction prices can be negotiated. Some suppliers at Quangang and Xiamen ports offer prices of 2,600 yuan per ton. Trading in the dynamic methanol market is limited. As of the time of writing in South China, the prevailing price of methanol at ports in Guangdong is between 2,420 and 2,440 yuan per ton; some transactions were made this morning at around 2,420-2,440 yuan per ton. The dynamic methanol market is on the decline, with rather sluggish trading activity. Dynamic futures declined, with ports in East China seeing price drops. Quotation for methanol at Taicang port in Jiangsu/for negotiation: 2355-2365 yuan per ton ； In the morning, some transactions in Taicang were at around 2350-2360 yuan per ton ； The mainstream transaction/pricing levels in Nantong are around 2,400–2,420 yuan per ton, while in Jiangyin and Changzhou they are between 2,420–2,440 yuan per ton ； Some suppliers at Ningbo Port are offering methanol at sporadic prices of 2,460–2,470 yuan per ton, with limited trading volume. Dynamic Enterprises’ shipments are fairly good. The mainstream retail prices for enterprises in southern Shandong have risen by 10–20 yuan per ton, reaching 2340–2350 yuan per ton. Traders offer a price of around 2340 yuan per ton for deliveries to the Linyi area without invoices. In the Hubei region, the prevailing negotiation price ranges from 2,350 to 2,500 yuan per ton; this is the price offered by major manufacturers for lower-end products, while Wuhan-based traders provide prices for higher-end products ； In Hunan region, the prevailing negotiation range is 2,550–2,600 yuan per ton. Manufacturers have suspended quoting; most quotes are provided by traders in Changsha. The dynamic methanol market is consolidating. The main selling price for manufacturing enterprises in Sichuan and Chongqing is around 2,300–2,350 yuan per ton, with most manufacturers adhering to their contracts ； Affected by the surrounding market conditions, the purchase price of goods including taxes for major merchants in Sichuan and Chongqing is around 2420–2450 yuan per ton. The methanol market in the southwest region is stable. The spot ex-plant prices for major enterprises in Shaanxi and Inner Mongolia range from 2,090 to 2,180 yuan per ton; lower-end prices are settled in cash, while higher-end prices are settled by acceptance. The ex-plant price in cash for enterprises in northern Shaanxi is 2,150 yuan per ton, while the ex-plant price in cash for major enterprises in Guanzhong, Shaanxi, ranges from 2,090 to 2,150 yuan per ton; the price with acceptance terms is 2,180 yuan per ton ； The ex-factory price in cash for enterprises on the northern route in Inner Mongolia is currently 2100–2120 yuan per ton ； The ex-plant price in cash for enterprises on the southern route of Inner Mongolia is 2,150 yuan per ton. In the Anhui region, the prevailing selling price offered by manufacturers is around 2,360–2,380 yuan per ton. The methanol market remains stable, with enterprises’ production facilities operating normally, and they focus on fulfilling their contracts. Some low-priced goods are in stock, and there is a strong tendency to wait and see. In the northern Jiangsu region, the current mainstream export price for enterprises is between 2,360 and 2,390 yuan per ton. The dynamic methanol market remains stable, operations are running normally, and sales are good. The ex-plant prices of major methanol producers in the southern and southeastern parts of Shanxi Province range from 2,070 to 2,160 yuan per ton. The plant in Jincheng is operating stably, with quoted prices of 2,250 yuan per ton ； The current spot price for shipments in Linfen is around 2,070–2,160 yuan per ton, while in Changzhi it is roughly 2,120–2,140 yuan per ton. Market activity remains satisfactory for now. In the Henan region, the typical selling price for local methanol producers is around 2,200–2,300 yuan per ton ； Additionally, the prevailing quotes from traders in Luoyang are around 2,270–2,300 yuan per ton, with trading activity remaining moderate. The dynamic methanol market is rising. As of the time of writing in the Hebei region, shipments from enterprises in Shijiazhuang and its surrounding areas are priced at around 2180–2200 yuan per ton, with an increase of 30 yuan per ton; trade shipments are priced at 2210–2230 yuan per ton. In the Wen’an area, prices without invoices range from 2170–2190 yuan per ton, while the standard price for shipments in Tangshan is around 2250 yuan per ton. The dynamic methanol market shows modest gains, with overall market transactions remaining satisfactory for now. Dynamic futures are declining, while trading at ports in East China is moderate ； In November, the price for large-scale sell orders was 2355 yuan per ton, while the price for buy orders was 2345 yuan per ton ； In December, the price for large-scale sell orders was 2360 yuan per ton, while the price for buy orders was 2350 yuan per ton ； The prevailing ex-tank price of methanol at Taicang port in Jiangsu is around 2,350–2,355 yuan per ton ； The price in Nantong is around 2,400–2,420 yuan per ton, while in Changzhou and Jiangyin it is 2,420–2,440 yuan per ton; no deals have been reported so far ； The quotes from the main suppliers of methanol at Ningbo Port range from 2,460 to 2,470 yuan per ton, with no deals reported so far. Local methanol producers in Xinjiang are quoting prices of 1,450–1,550 yuan per ton, with actual prices being slightly lower ； Prices in the region are relatively high; the factory’s outlet price is 1,500–1,650 yuan per ton, while the delivery cost in the area around Urumqi is around 1,600–1,700 yuan per ton. The actual price can be negotiated. Contracts are mainly executed on a dynamic basis, and the key enterprise equipment is operating normally ； The prevailing selling prices for methanol produced from coal and coke oven gas in Heilongjiang Province, in the Northeast region, are around 2250–2300 yuan per ton, with sales primarily directed at the local market and Jilin Province ； Affected by Tangshan, major traders are quoting prices of around 2350–2400 yuan per ton for goods delivered to Liaoning. The dynamic methanol market remains stable for now.