On January 28th, the ex-factory price of methanol enterprises in Shandong region was raised.

In the Dongying area of Shandong, the market price of methanol is negotiated at 2,120-2,130 RMB/ton for cash on delivery. In the Zibo area of Shandong, the negotiated market price for methanol is 2,130-2,140 RMB/ton for cash on delivery. In central Shandong, local methanol factories quote prices at 2,200-2,220 RMB/ton ex-factory for self-pickup, an increase of 10 RMB/ton. In Jining, the ex-factory price for methanol is referenced at 2,125-2,130 RMB/ton for cash on delivery at the factory, with some transactions completed. In Linyi, the delivered price is referenced at 2,180-2,200 RMB/ton for cash on delivery. Enterprise price (RMB/ton).