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Methanol price trends across China on April 9 Author/Source: Business Society Date: 2020-04-09 Clicks: 16 Prices in Henan’s methanol market continue to rise. The futures market is on the rise, with leading companies raising their quotes again; the reference price at the factory is 1700 yuan per ton in cash terms. Traders are offering firm quotes, with fewer offers at lower prices and more at higher prices. In the Luoyang market, the reference price is around 1600–1660 yuan per ton in cash terms, and there is still a lot of caution among buyers. The prevailing transaction price in Linfen, Shanxi remains stable at 1,530–1,550 yuan per ton, ex-plant in cash ； In the Changzhi area, the offline price has increased by 50 yuan per ton, reaching 1650 yuan per ton for cash delivery at the factory ； The prices of mainstream products in the Jincheng area have increased by 10–30 yuan per ton, reaching 1560–1580 yuan per ton ex-works in cash ； There are no auctions currently taking place in the Lüliang area; contracts are being executed ； The prevailing transaction price in the Yuncheng area remains stable at 1,570 yuan per ton ex-works in cash, while the prevailing transaction price in the Datong area stays at 1,510 yuan per ton ex-works in cash. The company’s shipments are average, with most orders coming from previous contracts; close attention is paid to the acquisition of new orders. In the methanol market in southern Shandong, the prevailing price is 10 yuan/ton higher, at around 1660 yuan/ton in cash terms; some deals can be negotiated. The price for goods delivered in Linyi is around 1670 yuan/ton, without invoices, while the price for goods shipped via logistics is around 1640 yuan/ton. The rising market trend continues to boost corporate optimism, but buyers at the downstream end are cautious, resulting in limited trading activity in the market. The quoted prices for methanol in the Dongying area of Shandong remain stable at 1,650–1,670 yuan per ton, ex-works; there are no significant changes, with most prices staying constant. The bidding price in the methanol market of northern Jiangsu remains stable at around 1,650–1,680 yuan per ton in cash terms. Although prices on the market have risen, local demand has not changed, resulting in a modest level of trading activity in the market. The reference quotes for the methanol market in Anhui region are 1,700–1,730 yuan per ton, ex-plant and on credit; the strength in futures prices supports market sentiment, prompting manufacturers to raise their quotes. The methanol market in the Two Lakes region remains stable with a cautious attitude. Quotations from Hubei-based enterprises remain stable; the ex-plant price is around 1750–1800 yuan per ton in cash terms, while the actual ex-plant price is approximately 1710–1750 yuan per ton in cash terms ； Negotiations in the Hunan market remain stable; quotes are around 1,750–1,780 yuan per ton, with buyers adopting a wait-and-see attitude. The methanol market in Fujian region saw a slight increase; in some of the main storage areas, prices were discussed to rise by 20-30 yuan per ton, reaching around 1730-1750 yuan per ton including taxes, with a generally modest atmosphere in terms of price negotiations.