On October 26, the methanol market in Shandong Province showed an upward trend.

Chempricehub, October 26 Report

On October 26, the methanol market in Shandong Province saw upward price trends. In Zibo, Shandong, negotiated prices reached RMB 3,700 per ton (delivered, cash payment), up by RMB 70 per ton. Methanol prices in central Shandong were quoted at RMB 3,700–3,730 per ton. In Dongying, Shandong, market prices ranged from RMB 3,680 to 3,700 per ton (delivered, cash payment), rising by RMB 60 per ton. Ex-factory reference prices in Jining stood at RMB 3,695–3,800 per ton (ex-works, cash payment), while delivered reference prices in Linyi were reported at RMB 3,770–3,800 per ton (delivered, cash payment).