Shenhua Baotou Methanol Auction Concludes with Premium Transactions
On Oct. 22, Inner Mongolia Shenhua Baotou held a methanol auction with an initial price of 3020 CNY/ton for 1000 tons. All units sold at 3130 CNY/ton. The...
On Oct. 22, Inner Mongolia Shenhua Baotou held a methanol auction with an initial price of 3020 CNY/ton for 1000 tons. All units sold at 3130 CNY/ton. The...
On Oct 22, Inner Mongolia Xinao Methanol held an auction for 3,000 tons. The starting price was 3,080 yuan/ton; final transactions occurred at 3,140 yuan/ton...
On October 22, Yulin Yankuang sold 3,000 tons of methanol at an auction. The final transaction price was 3,120 yuan/ton, exceeding the starting bid of 3,050...
On Oct 21, methanol overseas prices fell. CFR Southeast Asia closed at $644.5-645.5/ton. FOB US Gulf dropped to 154-156 cents/gallon (-4 cents). FOB Rotterdam...
Geopolitical tensions are easing, diminishing their market impact. MEG port inventories rose 4.8% to 163k tons, while production utilization remained stable at...
International crude oil prices showed mixed movements. Propylene production costs remained stable, while the spread between Polypropylene and propylene widened...
On Oct 21, Zhejiang acetic acid prices fell by 50 yuan/ton to ~4,525 yuan/ton. Weak methanol upstream and low downstream demand led to poor trader sales and...
International oil prices fell due to easing US-Iran supply risks. Domestic DCM prices remained stagnant with loose supply and weak downstream demand, facing...
On Oct. 21, Shandong acetic acid prices dropped to ~4350 yuan/ton. Weak upstream methanol markets and sluggish downstream demand led to poor trader sales and...
On October 21, acetic acid prices in North China fell by 100 yuan/ton to approximately 4300 yuan/ton. The decline was driven by weakening methanol costs,...