Chempricehub, June 24 Update
On June 24, methanol prices in Shandong declined. In the Dongying area of Shandong, methanol was negotiated at 2,670–2,680 RMB/ton (delivered, spot cash). In the Zibo area, the market price was quoted at 2,690 RMB/ton (delivered, spot cash). For central Shandong, local factory ex-works prices were quoted at 2,980–3,050 RMB/ton, down 25 RMB/ton. In Jinan, the ex-works price was 2,670–2,680 RMB/ton (spot cash at plant), while in Linyi, the delivered price was 2,660–2,680 RMB/ton (spot cash).