On November 10, the methanol market in Shandong Province experienced a significant decline.

ChemPriceHub, November 10

The methanol market in the Shandong region saw a notable decline on November 10:

• Zibo: Trading prices for delivered cash methanol dropped to RMB 3,460/ton, a decrease of RMB 110/ton.
• Central Shandong: Methanol prices were quoted at RMB 3,620–3,730/ton.
• Dongying: Delivered cash methanol prices fell to RMB 3,460/ton, down by RMB 100/ton.
• Jining: Ex-factory prices (cash settlement) ranged from RMB 3,520 to RMB 3,530/ton.
• Linyi: Delivered cash prices were referenced at RMB 3,560–3,570/ton.