|
Product |
Area |
Price (Yuan/mt) |
Daily markup (Yuan/mt) |
|
Methanol |
Shandong |
3,100-3,200 |
0 |
|
E-China |
3,400-3,450 |
0 |
|
S-China |
3,350-3,450 |
0 |
|
N-China |
2,700-3,050 |
0 |
Electric power values climbed again, causing continued rising cost for methanol production.
The output of methanol broke new high in succession in China and imported cargos were abundant, resulting in high inventories in the market.
Recently, feedstock cost soared, downstream plants operate hardly with many factories shut down, causing shrinking demand from end-users. Methanol market would be in dull consolidation and demand was difficult to be improved in the near future.
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