Today (10.12) the domestic methanol market rose, and some manufacturers increased the ex factory quotation by about 30-50 yuan / ton. According to the monitoring data of business agency, on October 12, the average price of methanol producers in Shandong was 1825 yuan / ton, with a month on month increase of 1.11% and a year-on-year decrease of 23.51%. The quotation of methanol market in various regions has also increased to varying degrees, among which Shandong and Shanxi regions have obvious upward trend. The main factors of this week’s price rise are the positive futures driven, as well as the favorable impact of the recovery of downstream demand. In the short term, the positive factors will still remain for a period of time, traders are full of bullish mentality. The methanol analysts of the business club predict that the domestic methanol market will fluctuate at a high level in the short term.

As of 10.12, summary of methanol market prices in different regions:

Regional price

Spot exchange of 1370 yuan / ton in Qinghai

RMB 1580-1590 yuan / ton in Shanxi

1700 yuan / ton in Liaoning

From 1950 to 1960 yuan / ton in Fujian Province

Factory reference: 1820-1880 yuan / ton

Anhui Province 1850 yuan / ton acceptance delivery

Henan Province factory reference 1670-1680 yuan / ton