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Methanol price trends across China on October 30 Author/Source: Date: 2019-10-30 Clicks: 70 The methanol market in Hebei remains stable; prices in Shijiazhuang and Dingzhou are around 2100 yuan per ton, with lower-grade methanol seeing a price increase of 50 yuan per ton； The price in the Wen’an area is 2,030–2,050 yuan per ton ； The price in the Tangshan area is 2,300 yuan per ton. The methanol market in Henan Province is operating in a stable manner; local companies are selling their product at prices around 2,080–2,100 yuan per ton, with prior contracts still being the main basis for transactions for now. Shipments from Luoyang and other areas are at around 2,030 yuan per ton, with moderate transaction volume. The methanol market in Shanxi region is showing slight upward trends; currently, the price in Linfen is 1,960–2,000 yuan per ton, with some increases of 10–20 yuan per ton, and contracts remain the main basis for pricing ； In Jincheng, the price for some contracts is around 1,900–1,930 yuan per ton; contract execution is the prevailing approach. Some small production units in the area will start up again one after another in the near future ； The retail price in Changzhi is 2,050 yuan per ton ； Datong contract price: 1,950 yuan per ton ； Some enterprises in Lüliang focus on contract execution. Northern Shandong region: The export price for enterprises in northern central Shandong has risen to around 2,240–2,260 yuan per ton, an increase of 30–50 yuan per ton ； Traders are quoting 2,140–2,180 yuan per ton for Dongying and Zibo, with the actual transaction prices being slightly lower due to the strong demand from downstream buyers. The sporadic shipments of methanol from enterprises in southern Shandong remain stable at around 2,090–2,100 yuan per ton ； Traders are quoting prices of around 2,090–2,100 yuan per ton for the plate mills and formaldehyde plants downstream in Linyi; demand from these downstream users is moderate, inventory levels are high, and operations are operating at a steady pace. The methanol market in the Hunan and Hubei regions is staying stable. In Hubei, the selling price is 2100–2200 yuan per ton, with local companies handling the sales at the lower end levels, while traders in Wuhan are responsible for sales at the higher end. In Changsha, Hunan, the selling price is around 2250–2300 yuan per ton, with prices mainly set by traders in Changsha. The spot market for methanol in Fujian is performing moderately; the negotiation prices in the main storage areas of Quangang are around 2,230 yuan per ton, while the spot prices in Xiamen range from 2,170 to 2,180 yuan per ton. An influx of shipments by ship is expected in the coming period.