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Methanol price trends across China on February 24. Author/Source: Business Society. Date: 2020-02-24. Clicks: 91. The methanol market in Henan saw a slight increase. The leading companies have not yet provided quotes; they are mainly fulfilling existing orders. Other companies have raised their quotes, with a reference price of 1850 yuan per ton in cash at the factory level. In the Luoyang market, the reference price is 1880 yuan per ton in cash. Demand from downstream industries is weak, buyers are adopting a wait-and-see attitude, and actual transactions remain limited. Methanol prices in Shanxi region are rising. In Linfen, the mainstream transaction prices for high-end products have increased by 20–60 yuan per ton, reaching 1690–1750 yuan per ton ex-works in cash ； In the Changzhi area, the offline price has increased by 80 yuan per ton, reaching 1,780 yuan per ton for cash delivery at the factory ； In the Jincheng region, the prevailing transaction price rose by 110 yuan per ton to 1,730 yuan per ton on a spot forex ex-works basis ； The auction price in the Lüliang area has reached 1,610 yuan per ton, ex-plant in cash ； Prices in Yuncheng area are not available yet ； The prevailing transaction price in Datong is 1,600 yuan per ton, ex-works in cash. Orders from major companies are increasing, and purchasing sentiment among downstream clients is positive. In central Shandong, the market price of methanol has risen slightly by 70–80 yuan per ton, reaching 1,980–2,020 yuan per ton ex-warehouse in cash terms. Sales performance is relatively modest, with most merchants adopting a wait-and-see attitude. In southern Shandong, the market price for methanol has risen by 60–70 yuan per ton, reaching 1960–1970 yuan per ton in cash terms. In Linyi, the price for locally sourced methanol is 1960–1980 yuan per ton, while the price for methanol delivered via logistics is 1930–1940 yuan per ton. Some are mainly focused on stockpiling for downstream use, but sales are average. In the Dongying area of Shandong, there are currently no obvious price indications in the methanol market. Over the weekend, negotiated prices remained stable at 1,940–1,950 yuan per ton, on a delivered basis to nearby areas; trading activity was relatively moderate. In the methanol market of northern Jiangsu, some quotes have increased by 30 yuan per ton, reaching 2,030 yuan per ton in cash terms; most suppliers have not yet provided any quotes. The Weitian device is being restored. Most in the market are waiting to see. The methanol market in the Two Lakes region has been moving downward in a volatile manner. Hubei-based companies are offering stable prices; the reference price is 2000–2050 yuan per ton in cash terms. Demand from downstream industries is weak, and market transaction prices are around 1870–1900 yuan per ton in cash terms ； Negotiations in the Hunan market are sluggish; low-priced goods from other regions are entering the market. As a reference for negotiations, the price is 2080–2130 yuan per ton in cash terms, and actual transactions remain limited. The methanol market in Fujian remains stable; some deals are being made at 2150–2170 yuan per ton including taxes, with modest transaction volume.