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Methanol price trends across China on February 13 Author/Source: Business Society Date: 2020-02-13 Clicks: 55 The methanol market in Henan continued to decline. The company’s latest quote has been lowered again; currently, the price in the Henan market is around 1700–1740 yuan per ton. The trading market remains sluggish, with many sellers adopting a wait-and-see attitude, resulting in few actual sales transactions. Methanol prices in Shanxi region have fallen. The prevailing transaction price in Linfen for high-end products has dropped by 50 yuan per ton, to 1,520–1,550 yuan per ton, ex-works in cash ； The offline retail price in the Changzhi area is 1,700 yuan per ton, ex-works in cash ； Prices for Jincheng, Lüliang, and Yuncheng are not available yet ； The prevailing transaction price in Datong is 1,700 yuan per ton, ex-works in cash. Factory shipments are average; some companies have yet to announce new prices, and some supplies have flowed to areas such as Hebei. In the Dongying area of Shandong, prices in the methanol market have dropped to around 1,760–1,800 yuan per ton ex-warehouse; sales are weak, and there is still an oversupply in the market. The market price of methanol in central Shandong is estimated to remain stable at 1,700–1,740 yuan per ton at the time of delivery; however, prices outside this range also exist, both on the lower and higher end, with moderate transaction volume. The methanol market in Anhui region is showing weak trends, with the market-guided price ranging from 1,980 to 2,050 yuan per ton; the price is lower in Huaibei and higher in Fuyang. Most downstream manufacturers and traders have not resumed operations, resulting in slow trading activity at the plant. The methanol market in the Two Lakes region is operating in a sluggish manner. Hubei-based companies are offering stable prices; however, there are difficulties in shipping goods, and inventory levels are high. The reference price is 2100–2150 yuan per ton ； Negotiations in the Hunan market have been sluggish; the reference price is around 2,400–2,480 yuan per ton, but no actual deals have been concluded. Negotiations in the methanol market in Fujian are sluggish, with some suppliers intending to offer prices of 2150–2200 yuan per ton.