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Methanol price trends across China on October 31 Author/Source: Date: 2019-10-31 Clicks: 30 The methanol market in Henan remains stable, with an inactive market atmosphere. Local companies are selling their product at around 2,070 yuan per ton; some companies are operating at a reduced capacity, resulting in prices slightly higher, around 2,080–2,100 yuan per ton. In places such as Luoyang, the price is around 2,000–2,050 yuan per ton, with slight fluctuations in the market in the short term. The methanol market in Hebei region is operating steadily; prices for shipments in Shijiazhuang and Dingzhou areas are around 2,100 yuan per ton, with slight resistance from downstream buyers ； Traders are quoting 2,050 yuan per ton for the Wen’an area; due to the orange weather warning, downstream manufacturers have started operating at reduced capacity ； The price in Tangshan is 2,300 yuan per ton. The methanol market in Shanxi region has seen slight adjustments; currently, the price in Linfen is around 1,960–1,990 yuan per ton, with contracts being the main basis for pricing ； In Jincheng, the price of some contracts is around 1,920–1,950 yuan per ton; contract execution remains the prevailing approach. Some small production units in the area will start up again in the near future, with products expected to be available by early November ； Changzhi retail price: 2,050 yuan per ton; only a 200,000-ton production facility is in operation ； Datong contract price: 1,950 yuan per ton ； Some enterprises in Lüliang focus on contract execution. The methanol market in northern Shandong is experiencing fluctuations; currently, the selling price for enterprises in central and northern Shandong is around 2280–2290 yuan per ton, an increase of 30 yuan per ton ； Traders are quoting prices of 2,130–2,150 yuan per ton for Dongying, Zibo and other areas, with the actual transaction prices being slightly lower. The methanol market in southern Shandong is showing weak trends, with low levels of procurement; currently, some companies are making occasional shipments at a price around 2,090 yuan per ton ； Due to the orange weather warning in Linyi, vehicle traffic is restricted, resulting in widespread shutdowns of plate factories downstream, as well as low purchasing interest from formaldehyde manufacturers. The methanol market in the Two Lakes region remains stable; in Hubei, the selling price is 2100–2200 yuan per ton, with local companies handling the sales at the lower end 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.