On August 19, the benchmark price for methanol tracked by SunSirs was 2,810.00 RMB/ton, an increase of 6.95% compared to the beginning of the month (2,627.50 RMB/ton).
In the Shanxi region, the methanol market saw a slight rise; while auctions were held in Linfen and Changzhi, there were no auctions in Lüliang or Taiyuan. Prevailing ex-factory prices in the Jincheng area stood at 2,740-2,750 RMB/ton (ex-works, cash payment), while ex-factory prices in the Yuncheng area were 2,690-2,700 RMB/ton.
On August 19, the methanol market in the Anhui region edged up slightly. In the Fuyang area of Anhui, methanol prices reached 2,720-2,750 RMB/ton, with actual transaction prices open to negotiation.
The methanol market in the Henan region rose overall on August 19. Corporate auction transaction prices are referenced at 2,790-2,810 RMB/ton (ex-works, cash payment); negotiated prices in the Luoyang market are referenced at 2,750-2,770 RMB/ton (ex-tank, cash payment).
On August 19, ex-factory methanol quotes from enterprises in the Shandong region remained stable. In the Dongying area of Shandong, negotiated market prices for methanol were 2,860-2,870 RMB/ton (delivered, spot payment). In the Zibo area, negotiated market prices ranged from 2,860 to 2,900 RMB/ton (delivered, spot payment), while local plants in central Shandong quoted 2,900 RMB/ton (ex-factory, buyer pickup, spot payment). The reference ex-factory price in Jining was 2,880 RMB/ton (buyer pickup, spot payment), and the reference delivered price in Linyi was 2,900-2,920 RMB/ton (delivered, spot payment).
On August 19, 2026, methanol futures prices on the Zhengzhou Commodity Exchange closed higher. The main contract (2610) opened at 2,772 RMB/ton, reached a high of 2,884 RMB/ton and a low of 2,765 RMB/ton, and closed at 2,843 RMB/ton—an increase of 79 RMB/ton (or 2.86%) from the previous trading day's settlement price. Trading volume stood at 1,859,342 lots, open interest at 863,462 lots, and the daily increase in open interest was 62,330 lots.
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