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Methanol price trends across China on March 2 Author/Source: Business Society Date: 2020-03-02 Clicks: 1 The methanol market in Henan remained stable with only slight fluctuations. At the beginning of the week, there were no quotes from manufacturers; downstream operations gradually resumed, but overall demand remained weak. Sellers faced increased pressure to sell their stock, and prices in the Luoyang market dropped to 1750–1780 yuan per ton in cash terms, with little actual trading taking place. The prevailing transaction price in Linfen, Shanxi has dropped by 40–60 yuan per ton, reaching 1620–1640 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 dropped by 80–100 yuan per ton, to 1,680–1,700 yuan per ton ex-works in cash ； The latest auction price in the Lüliang area is 1,640–1,670 yuan per ton, ex-works in cash ； The prevailing transaction price in Yuncheng area is 1,850 yuan per ton, ex-plant in cash ； The mainstream transaction price in Datong has stabilized at 1,710 yuan per ton, ex-works in cash. Prices have dropped significantly in this region, freight costs have fallen, and business sentiment is moderate. In central Shandong, the market price of methanol has dropped by 50 yuan per ton, with prices ranging from 1,860 to 2,020 yuan per ton for cash delivery; sales performance is average, with most parties choosing to wait and observe. The methanol market in the Dongying area of Shandong remains stable at 1,790–1,800 yuan per ton ex-warehouse in cash terms. The market stayed relatively stable over the weekend, with no significant price fluctuations; most participants are choosing to wait and observe. The methanol market in the Two Lakes region is operating steadily for now. Hubei-based companies maintain stable quotes; the actual ex-plant price is around 1870–1900 yuan per ton in cash terms. Weak demand on the downstream side persists, resulting in limited actual transactions ； The Hunan market remains stable; negotiation prices are around 2,050–2,110 yuan per ton in cash terms, with slow transaction volume for actual orders. The methanol market in Fujian has declined; in Quangang, some deals saw prices drop by 20 yuan per ton, to 2090–2100 yuan per ton including taxes at the point of delivery. No such price drops were reported in Xiamen for spot transactions.