USD 405/MT. Then on Wednesday, buying interest roseto $405/mt. Methanol prices were stable in the same week in Korea and Japan. The Monitor for China Methanol Prcies and China Methanol Daily Prices is provided by Sunsirs, China Commodity Data Group CZCE Methanol Prices The All Futures page lists all open contracts for the commodity you've selected. Downstream demand improved along with the prices of upstream products. Under Chemicals category, Hexene prices were traded low by Rs.1 to Rs.56 per Kg on Oct 1st left the remaining week unchanged while MTO traded at … This could present some upside in CFR Korea prices for July, they added. A cargo headed to Indonesia would likely go to Dumai, "but it's toofar," he said, as the extra freight would not make the trade as attractive. The Holiday Schedule Alert is sent on Friday and provides information on the world's regional and national holidays impacting the publishing of our assessments, market reports and news wires over the week ahead. 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. CZCE Methanol Prices The All Futures page lists all open contracts for the commodity you've selected. Ineos completes buyout of BP petrochemical businesses. Historically, Ethanol reached an all time high of 4.33 in June of 2006. Global Methanol Prices Up amid Bullish Fundamentals; Weekly Summary:China’s Coastal Methanol Prices Fluctuated Upwards (Oct 30 – Nov 5) November China Methanol Market Price to … Methanol is a clean-burning, biodegradable fuel. 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. Please contact the Client Services team. U.S. Gulf Coast prices fell 4 cents methanol / gallon to 93-97 cents / gallon (310-323 U.S. dollars / ton). Asian Methanol: CFR China slips $1/mt on weak fundamentals. Intraday futures prices are delayed 10 minutes, per exchange rules, and are listed in CST. Petchem demand to drive China’s LPG imports. CFR China Methanol Prices Eye Expanding High-End and Low-End Price Spread; Weekly Summary:China’s Coastal Methanol Prices Fell from Highs (Sep 4 – Sep 10) Insight into Price Surge in Coastal Methanol Market; Weekly Summary:China’s Coastal Methanol Prices Rose Greatly (Aug 28 – Sep 3) China Methanol Price Unveiled Uptrend Manufactured without formaldehyde, ammonia, or methanol – these products are safe to handle, low-odour, effective in multi-phase systems, and produce no hazardous byproducts. "Quite a good deal, but I don't think anyone will have" a cargo, said atrader, who added that he heard of two market players each bringing 5,000 mtof methanol from China to Southeast Asia. The CFR China methanol prices averaged $163.79/mt over 14 trading days in July, compared to $155.36/mt in the month of June, while CFR Southeast Asian methanol prices have averaged $207.14/mt so far in July, compared to $176.18/mt in June, S&P Global Platts data showed. Fastmarkets is proposing to launch a weekly import price assessment for steel billet on a cfr China basis. The CFR China methanol price has risen 11% since the start of this month to be assessed at $382/mt Tuesday, just short of a three-year high, S&P Global Platts data showed. Price fluctuation period shortened from 3-4 weeks to 2-3 weeks, affected by product properties and transactions. The rally was driven by exceptionally tight supply from the Middle East, as well as expected demand from several methanol-to-olefin plants, according to industry sources. "The operation rate hasn't increased to this level before," said onetrader in China earlier this month. Asian ethylene sector braces for new supply. The spread between the CFR Korea and CFR China methanol prices could more than double this year because of imposition of sanctions against Iran, which is making South Korean imports more expensive, market sources said Tuesday. registration number : 447883, Copyright © 2018 Intratec provides Methanol pricing data, covering 13 years of historical prices and forecasts. And small vessels were harder tofind, he said. Under Chemicals category, Hexene prices were traded low by Rs.1 to Rs.56 per Kg on Oct 1st left the remaining week unchanged while MTO traded at … CFR China methanol price discount to CFR SEA nears two-year high at $41/mt, What’s in store for rice supply and demand in the Americas going into 2021, European virgin PET rises above R-PET for first time since May 2019. Meanwhile, supply has been tight in Southeast Asia. Experience up to 45% margin offsets versus other cleared, correlated contracts and only post margin on the residual risk as the contract month progresses. To identify major news, deals and expansion plans in Global Methanol market. In January, Iran delivered 165,544 mt methanol to China, up 1.6% onmonth, while it exported only 18,379 mt to South Korea, down 30.2% fromDecember. Domestic China Prices of MethanolMethanolPrices are in Yuan/MTTrendsEast China2480 - 2580CFR, China-... Polymerupdate News - Domestic Prices of Methanol China as of 6th January 2021 +(91-22) 61772000 (25 Lines) Our patented, non-regulated, formaldehyde-free H2S scavengers are unlike any other scavengers on the market today. ASIA: The week ahead in petrochemicals, Dec 28, 2020. PRINT. Saudi AGIC signs offtake agreements for new PP project. Chinese import prices were last seen above the $300/tonne CFR China mark from December 2016 to mid-April 2017, the data showed. Shares of SGX were down S$0.06 or 0.7 per cent at S$8.99 as at 3.44pm on Monday, after the announcement. What Makes CFR Products Different? Mid-level or high-level fuel blends of alcohol could enable manufacturers for designing high-efficiency engines, to compensate for the low energy density of methanol. Settlement prices on instruments without open interest or volume are provided for web users only and are not published on Market Data Platform (MDP). Trading Unit. A trade for a 3,500-mt parcel arriving in June was concluded Friday at $193/mt CFR China, while ex-tank prices rose Won 5-10/kg on the week to about Won 280/kg (23 cents/kg) this week. iron ore 62% fe, cfr china (tsi) - overview Discover a more efficient solution for hedging iron ore price exposure against marginal cost of production swings and supply-side price squeezes. Subscribers to our Commodity Price Database have access to Methanol and as many as 217 other commodities prices across several countries from main world regions. This chart compares global methanol pricing in key regional markets (United States Gulf Coast, Rotterdam, Coastal China) on a spot and contract (posting before discounts) basis. China Methanol manufacturers - Select 2021 high quality Methanol products in best price from certified Chinese Alcohol manufacturers, China Glycol suppliers, wholesalers and factory on Made-in-China.com In South Korea, shore tank stock levels were heard to be tight as vessels saw delays at Chinese ports, before heading to South Korea, said trade sources. The trader noted that while the arbitrage looked open on paper, therewere some challenges to overcome, including ease of sale. Methanex posts regional contract methanol prices for North America (1-30 June 2020). Methanol prices in the range of US$ 365-375/ton FOB Korea and CFR Japan. Shandong (JLC), June 27, 2018–China methanol market prices were volatile in H1, 2018. See a … China-Europe freight train number via Xinjiang port hits new high: Dec 31 2020 4:04PM : China's manufacturing PMI hits 51.9 in December: Dec 31 2020 4:03PM : Latest on the novel coronavirus outbreak (Dec 31, 2020) Dec 31 2020 3:59PM First Azeri gas reaches Greece and Bulgaria via TAP. Increasingly, methanol's environmental and economic advantages are making it an attractive alternative fuel for powering vehicles, ships, and industrial boilers and cooking food and heating homes. This chart compares global methanol pricing in key regional markets (United States Gulf Coast, Rotterdam, Coastal China) on a spot and contract (posting before discounts) basis. The buyer in Taiwan said he was willing to buy, but was unable to find a vessel. That non-sanctioned cargoes were traded at $155/mt CFR China on June 12 and $165/mt CFR China on June 10 reflects how bearish market conditions have become. The buyer said offers seen were around $415-420/mt. Global economic slowdown impacted Methanol prices. --Edited by Meghan Gordon, meghan_gordon@platts.com. A discussion of supply and demand fundamentals is also included. Methanol Price. Methanol fuel is used in China as various blends, ranging from M5 to M100. CFR China was assessed at $362/mt on Wednesday, flat from Tuesday amidthin discussions. Platts Commodities Bulletin is a daily regional round-up of the top, most recent news, in-depth features, information on our events, and a summary of what's new on platts.com. Le retour accéléré de l'Iran sur le marché mondial du pétrole. Commodities broker SCB Group executed the first CFR China methanol swap trade on the Singapore Exchange Tuesday since methanol futures and swap contracts … Your registration is complete and your account is active. Subscriber Notes inform you of upcoming changes related to the markets that we report on, as well as requests for comment on new assessments, and announcements that assessments will be discontinued. Even though there was a slight improvement in discharge rates from the tanks as higher tank storage fees incentivized traders to move cargoes out from tanks faster, it was not enough to mitigate supply length in the market. The CFR Korea methanol marker was assessed stable on the week at $182/mt on June 12, amid thin trading. Lastyear, it was high, around 50-60%.". COKING COAL DAILY: Chinese buyers keep cfr China, fob Australia segments active ahead of holiday Chinese end users generated some buying activity in the seaborne coking coal market on Thursday September 12 ahead of a public holiday in China to mark the Mid-Autumn Festival. Another option would be to head to the Philippines, but draftrestrictions there require smaller vessels. The source said freight for a 5,000 mt cargo from China to Singaporewould be around $25/mt, while freight for the same cargo from China to thePhilippines would be $30/mt. What Makes CFR Products Different? "In the past, 35-40% [was normal]. 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