[Methanol] Methanol market dynamics in Changzhou and Zhangjiagang markets
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July 18, 2023, 1:48 PM
On July 18, futures fluctuated higher. The offer for domestic methanol sources in Changzhou was based on 2,275 - 2,280 yuan/ton for cash exchange and can delivery, and the basis difference was based on +10 yuan/ton. Morning shipment was acceptable; the theoretical price for domestic delivery was based on 2,330 - 2,400 yuan/ton; Some mainstream merchants in Zhangjiagang area offered on 2270 yuan/ton for cash exchange and can delivery, and the basis difference was based on +5 yuan/ton for delivery, and morning shipment was average.