Analysis of Methanol Price Trends on December 14, 2016

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The mainstream retail price for enterprises in southern Shandong has risen by 10 yuan per ton, to 2820–2830 yuan per ton; traders offer a price of 2790–2800 yuan per ton for deliveries to Linyi area without invoices. Within the dynamic market area, manufacturers’ shipments are average, and demand from downstream clients is also average. Currently, manufacturers have decent inventory levels, and there is a slight recovery in the market. The major methanol producers in Gansu Province are operating normally with regular shipments, and the prevailing negotiation price for methanol is around 2540–2460 yuan per ton. The ex-plant prices of major methanol producers in the southern and southeastern parts of Shanxi Province range from 2,560 to 2,700 yuan per ton; the plant in Jincheng is operating stably, with quoted prices of 2,720 yuan per ton. The current spot price for shipments from Linfen is around 2,630–2,650 yuan per ton, while in Changzhi it’s around 2,690–2,700 yuan per ton. Market activity has been moderate recently. The price of methanol at Taicang port in Jiangsu, subject to negotiation, is 3,020–3,050 yuan per ton. The prevailing transaction/offer prices in Nantong are around 3,050–3,060 yuan per ton, while in Jiangyin and Changzhou they are between 3,060–3,070 yuan per ton. The quotes from the main suppliers of methanol at Ningbo Port range from 3,070 to 3,080 yuan per ton, with moderate trading activity. Dynamic futures prices are rising, and ports in East China are seeing higher values; in the morning, some transactions in Taicang were at around 3020–3050 yuan per ton. The prevailing price of methanol at ports in Guangdong, South China, is between 2,900 and 2,920 yuan per ton. The methanol market is on the rise; some transactions this morning took place at around 2,900–2,920 yuan per ton, with moderate trading activity in the market. Some suppliers in Quangang and Xiamen ports in Fujian region are quoting 3,000 yuan per ton. The dynamic methanol market remains stable, with no deals reported so far. The prevailing delivery and acceptance prices for manufacturers in Anhui region are around 2,850–2,900 yuan per ton. The dynamic methanol market remains stable; major companies are operating normally and adhering to their contracts, with a strong atmosphere of caution among market participants. In Hubei region, the prevailing negotiation price is 2,950–3,000 yuan per ton; the factory prices come from major manufacturers in the lower-end segment, while those from Wuhan-based traders apply to the higher-end products. The prevailing negotiation price in Hunan is between 3,000 and 3,080 yuan per ton; manufacturers have suspended providing quotes, with most prices coming from traders in Changsha. The methanol market in the dynamic Two Lakes region remains stable for now. The methanol market in Henan region is largely dominated by **this factor; local methanol producers sell their product at around 2,850 yuan per ton, with low inventory levels. The prevailing quotes from traders in the Luoyang area are around 2,780–2,800 yuan per ton. Demand from end-users is moderate, transactions in the market are also at a moderate level, and most traders are choosing to wait and observe. In the southwestern region, the current methanol market situation is as follows: manufacturers in Sichuan and Chongqing generally sell their product at around 2800–2850 yuan per ton, with most of them adhering to the terms outlined in their contracts. In the Sichuan-Chongqing region, major suppliers charge around 2,950–2,980 yuan per ton including taxes for purchasing the product, with a strong atmosphere of caution in the market. The prevailing selling price for methanol produced from coal and coke oven gas in Heilongjiang is around 2,700–2,750 yuan per ton, with the product mainly sold locally and in Jilin. The quotes provided by the main traders in Liaoning are around 3,000–3,100 yuan per ton. Driven by rising freight costs and increases in surrounding markets, overall market prices have risen. In the Hebei region, the price for shipments from Shijiazhuang and its surrounding areas is around 2680–2750 yuan per ton, while the price for transactions through traders is 2730–2780 yuan per ton. In the Wen’an area, the informal pricing without invoices is around 2620 yuan per ton. In Tangshan, the standard price for shipments is around 2980–3000 yuan per ton. The flow of goods from manufacturers is average, while demand from downstream buyers is weak; traders tend to adopt a wait-and-see attitude, leading to a slight decline in prices. In northern Jiangsu, the price has increased by 10 yuan per ton, reaching around 2840–2870 yuan per ton. The dynamic methanol market has stopped falling and is showing signs of recovery; production by the main manufacturers remains stable, and sales are primarily to contract clients. For now, manufacturers are able to meet their delivery obligations. The current spot ex-plant prices for major enterprises in Shaanxi and Inner Mongolia range from 2,460 to 2,710 yuan per ton, with lower-end prices paid in cash and higher-end prices settled through acceptance. The spot price at the factory gates for dynamic enterprises in northern Shaanxi is 2,460 yuan per ton, while the spot price at the factory gates for major enterprises in Guanzhong, Shaanxi, ranges from 2,630 to 2,680 yuan per ton; the price with acceptance terms is 2,710 yuan per ton ； The spot price at the factory gates for enterprises in the northern part of Inner Mongolia is 2,460 yuan per ton, while the same price for enterprises in the southern part of Inner Mongolia is also 2,460 yuan per ton.