Shandong Province methanol companies' ex-factory quotations held steady On October 27th

The methanol market offer price in southern Shandong is around 3650 CNY/ton for cash withdrawal from the factory, and the reference price for receiving local goods in Linyi, Shandong Province, is around 3400 CNY/ton for cash exchange. There is no offer for logistics cargo and the trading atmosphere was weak.

The transaction of methanol market in Dongying area of Shandong was 3170-3190 CNY/ton sent to spot foreign exchange.  Methanol market transactions in the central Shandong area were delivered to the spot exchange at RMB 3,200-3,220/ton. The local methanol factory in central Shandong had a stable price of RMB 3,600-3,700/ton in the cash exchange. 

Shandong Mingshui methanol quotation stabilized to 3,600 yuan per ton of cash withdrawal at the plant; the 600,000-ton methanol plant was operating stably, with a daily output of 2,000 tons.

　　 The Shandong Union methanol quotation stabilized to 3,700 yuan per ton of cash withdrawal from the plant. The 25+25+250,000 tons/year plant runs at low load, with a daily output of 380 tons.

　　The price of methanol from Yizhou Science and Technology has temporarily stabilized to RMB 3,650 per ton of cash withdrawal from the plant, and the unit of methanol production from coke oven gas with an annual output of 15+150,000 tons is stable, with a daily output of about 800 tons.

　　 Shandong Rongxin methanol is temporarily not quoting, and the 250,000 tons/year coke oven gas methanol plant is operating at low load.

Yankuang Guohong's methanol quotation has temporarily stabilized to 3,650 yuan per ton of cash withdrawal from the plant. Its 640,000 tons/year coal-to-methanol plant is operating with dual furnaces, with a daily output of about 1,700 tons.