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Methanol price trends across China on February 27 Author/Source: Date: 2020-02-27 Clicks: 108 The methanol market in Henan is operating in a stable manner. There are no offers from any companies at the moment; the price in the Luoyang market is around 1,820 yuan per ton in cash terms. Traders have large stock levels, and buyers are waiting to see what happens, resulting in few actual transactions. The prevailing transaction price in Linfen, Shanxi remains stable at 1,690–1,710 yuan per ton, ex-works in cash ； The prevailing transaction price in the Changzhi area remains stable at 1,780 yuan per ton, ex-plant in cash ； The prevailing transaction price in the Jincheng area has stabilized at 1,780–1,800 yuan per ton, ex-works in cash ； In the Lüliang area, the prices specified in previous contracts are generally applied ； The prevailing transaction price in Yuncheng area is 1,850 yuan per ton, ex-works in cash ； The mainstream transaction price in Datong has stabilized at 1,710 yuan per ton, ex-works in cash. Today, shipments by various companies were average; some companies focused on fulfilling prior contracts, with few new orders being placed. In southern Shandong, the market prices for methanol remain stable at 1,970–1,990 yuan per ton in cash terms; some offers are around 1,960 yuan per ton. The situation in Linyi is rather chaotic – local supplies are priced at around 1,970 yuan per ton, with no deals yet concluded. There are also a few offers at lower prices. For goods transported via logistics, the price is around 1,900 yuan per ton, with again some lower offers available. The downstream sector has not recovered, and there is almost no trading in the market. The methanol market in the Dongying area of Shandong remains stable at 1,840–1,870 yuan per ton ex-warehouse in cash terms; transaction activity in the market is relatively modest. It is reported that there is a backlog of shipments, leading to lower freight costs. In central Shandong, the transaction price for methanol remains stable at 1,910–2020 yuan per ton, paid in cash upon delivery. Transaction activity is moderate, with most deals being based on previous contracts; there are few new orders. The reference quotes for the methanol market in Anhui region remain stable at 1,900–2,000 yuan per ton, ex-plant and on credit; the lower end is in Huaibei, while the higher end is in Fuyang. The recovery of traditional downstream sectors is average, with modest trading volume in the market. The methanol market in the Two Lakes region is stabilizing. Hubei-based companies maintain stable quotes, with inventory levels remaining high. The reference price is 2000–2050 yuan per ton in cash terms, while the actual ex-plant price is around 1870–1900 yuan per ton in cash terms. Demand from downstream markets is weak, resulting in few actual sales transactions ； The Hunan market is showing slight consolidation; low-priced supplies from Hubei and Guanzhong are entering the market, resulting in weak actual transaction volumes. For negotiation purposes, a price range of 2050–2110 yuan per ton in cash can be used as a reference. The methanol market in Fujian remains stable for the time being; in Quangang, some negotiations have resulted in prices of 2140–2160 yuan per ton including taxes at the point of delivery. No such spot price negotiations have been reported in Xiamen.