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Methanol price trends across China on October 17 Author/Source: Date: 2019-10-17 Clicks: 1 The methanol market in Henan remains stable, with weak demand in the market and a cautious attitude among participants. Some enterprises in northern Henan are discussing prices around 2,230–2,250 yuan per ton. It is also known that the quotes from traders in Luoyang range from 2,220 to 2,230 yuan per ton. The methanol market in Shanxi region continued to decline, with mainstream low-end prices falling by 50 yuan to 2,090–2,230 yuan per ton. In Jincheng, most enterprises have restricted parking or production, with transactions mainly conducted through contracts ； The mainstream price at the factory in Linfen has dropped by 50–70 yuan, to 2090–2110 yuan per ton ； In the Changzhi area, the retail price is 2,260 yuan per ton, with companies primarily adhering to previous contracts ； Most of the major enterprises in the Lüliang region are fulfilling prior contracts. The retail price for enterprises in southern Shandong remains stable at around 2,230–2,240 yuan per ton ； Traders are quoting around 2,220–2,230 yuan per ton without invoices; market activity is weak, and players tend to adopt a wait-and-see attitude. The ex-plant price of methanol in central and eastern Shandong has been reduced by 50 yuan, to around 2,440–2,500 yuan per ton; this applies mainly to some contracts signed earlier ； Some traders in nearby areas such as Dongying and Zibo are offering prices of 2250–2270 yuan per ton, with a relatively modest trading atmosphere. The methanol market in northern Jiangsu has seen a significant decline; the price there has dropped by 70–100 yuan, settling around 2250–2280 yuan per ton. The impact of futures prices is putting downward pressure on market sentiment, with a generally bearish attitude among market participants. The methanol market in Anhui region is stable, with a subdued trading atmosphere in the market. The selling price for some companies is around 2,250–2,280 yuan per ton. The methanol market in the Hunan and Hubei regions is stable, with low trading activity. In Hubei, the prevailing negotiation price is 2400–2500 yuan per ton; this is the price offered by mainstream manufacturers at the lower end, while some traders quote higher prices for higher-quality products ； In the Hunan region, some negotiation prices range around 2,500–2,550 yuan per ton; these are mostly quotes from traders in Changsha, with some lower-priced options still available. The spot market price of methanol in Fujian has declined; the negotiated price in the main storage areas of Quangang is around 2,280 yuan per ton, while the spot prices in Xiamen are at 2,290 yuan per ton. Although the supply is limited, the weak futures market has also dampened sentiment, resulting in a subdued trading atmosphere in the market.