Sellers were less inclined to move cargoes, considering continued increases in methanol futures, persistently tight spot supply at ports and expectations about the start-up of two olefins plants in China’s coastal regions. Manufactured without formaldehyde, ammonia, or methanol – these products are safe to handle, low-odour, effective in multi-phase systems, and produce no hazardous byproducts. Methanol is primarily used to produce formaldehyde, methyl tertiary butyl ether (MTBE) and acetic acid, with smaller amounts going into the manufacture of DMT, MMA, chloromethanes, methylamines, glycol methyl ethers and fuels. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments. By the close of trade on 9 December, import methanol prices were assessed at $315-335/tonne, up by $85-93/tonne from 30 September. April Asia Pacific ethylene pricing stood at $1,340-1,360 CFR (cost and freight) NE Asia, while domestic China methanol spot pricing stood at China yuan 2,850-3,030/tonne ($454-482/tonne) on an ex-tank East China domestic basis, leaving headroom for a slight MTO price advantage, but the margins remain slim. Methanol Price. PRINT. Domestic methanol prices hit highest level since April 2019 Domestic... LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) continued to climb in November, increasing by 11.18% for the month, tracking price increases for most of the major petrochemical and plastics... LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) continued to rise in October, increasing by 4.0% for the month, tracking price increases for most of the major petrochemical and plastics... ICIS is part of the LexisNexis® Risk Solutions Group portfolio of brands. if the 5th attempt fails, the account will be locked for 30 minutes, Please use only English characters (A-Z, a-z), You already have an account, Please log in or reset password. The report gives you access to the latest import CFR China main ports and domestic ex-tank prices for a more reflective view of the market. Access latest coal news and analysis, conferences and events. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities. Industrial production rose 6.9% on year in October, beating market expectations of a rise of 6.7%, while retail sales grew 4.3% on year, up from 3.3% growth in September and marking the third consecutive month of expansion, data from China's National Statistics Bureau showed. In China, the methanol industry was established in the mid-twentieth century, and the production capacity of methanol is increasing strongly and has been increased by approximately 16-fold during the past 16 years (from 1995 to 2011) (as shown in Fig. Get access to all with our no-contract promotional package at only $0.99/month for the first 3 … Bharat Petroleum Corporation Limited increases Benzene prices in the domestic market of India 04 Jan 2021 17:22 IST : IBN ZAHR's No. An Update to the EIA’s 2006 Survey of Estimates of the Effect of Oil Prices on the U.S. Economy. Singapore — Minimum Price Fluctuation. Recent tenders for Iranian spot cargoes have concluded at 10-12% premiums to CFR China formula prices, putting prices of Iranian methanol on par with Middle East spot cargoes, which were heard discussed at around $285/mt in the week starting Nov. 23. Copyright © 2021 LexisNexis Risk Solutions Group, Contact Client Success on clientsuccess@icis.com, Methanol China prices, markets & analysis. Singapore (Platts)--8 Sep 2017 438 am EDT/838 GMT Sabic procured 45,000 mt of CFR China… Web Team September 8, 2017. It’s free and easy to do. Methanol prices were spotted at US$ 360-365/ton CFR China. Methanol is primarily used to produce formaldehyde, methyl tertiary butyl ether (MTBE) and acetic acid, with smaller amounts going into the manufacture of DMT, MMA, chloromethanes, methylamines, glycol methyl ethers and fuels. Chinese yuan (CNY)/metric ton. Get customized reports, analyses and news. It's used in vehicles worldwide Methanol fuel blends are used in vehicles around the world, particularly in China, which is the world’s largest user of methanol for automotive fuel. China, the price of 245-250 U.S. dollars / ton (CFR China), the reaction a 250 U.S. dollars / ton bid price and trading interest. 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