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Methanol price trends across China on April 26 Author/Source: Business Society Date: 2020-04-26 Clicks: 60 The methanol price in the Panjin area remains stable at 1,600–1,610 yuan per ton, ex-works. In the Shenyang area, the price stays steady at 1,720–1,730 yuan per ton, ex-works. Traders are selling at a moderate pace, while downstream buyers tend to wait and observe before making decisions. The methanol market in Henan is operating with slight fluctuations. Quotations from enterprises in Henan remain stable; the actual ex-factory price is around 1470–1500 yuan per ton in cash terms. In the Luoyang market, quotations have risen to about 1490–1510 yuan per ton in cash terms. Buyers are waiting to see what happens, resulting in weak transaction volume. In Linfen, Shanxi, the mainstream transaction price has increased by 30 yuan per ton, reaching 1410–1430 yuan per ton, with delivery on cash basis ； The offline price in the Changzhi area has stabilized at 1,500 yuan per ton, with delivery against cash payment ； The prevailing transaction price in the Jincheng area has stabilized at 1,420 yuan per ton, with cash payment upon delivery ； There are no auctions available in the Lüliang area for now ； In the Yuncheng area, the prevailing transaction price has stabilized at 1,400 yuan per ton, with delivery against cash payment ； The prevailing transaction price in the Datong area has stabilized at 1,370 yuan per ton, ex-warehouse and in cash. Some companies in this region mainly focus on fulfilling contracts and pay close attention to the acquisition of new orders. In the methanol market in southern Shandong, the prevailing offers have increased by 20–40 yuan, reaching around 1560–1570 yuan per ton in cash terms. In Linyi, the price for locally sourced goods is approximately 1570–1580 yuan per ton, without invoice; no offers are available for goods shipped via logistics services at present. Partial pre-holiday stockpiling downstream has boosted corporate sentiment. The methanol market in northern Jiangsu saw bid prices rise by 20 yuan per ton, reaching around 1,590 yuan per ton in cash terms; prices increased in the surrounding areas as well. Downstream manufacturers made moderate stockpiles, and this supported the confidence of enterprises. The reference quotes for the methanol market in Anhui region remain stable at 1,580–1,600 yuan per ton upon delivery and acceptance; demand from buyers is weak, with a prevailing attitude of wait-and-see. The methanol market in the Two Lakes region remained stable with slight fluctuations. Some enterprises in Hubei have made slight adjustments to their quotes; the production facilities of the key enterprises have already been started up. The quoted prices are around 1700–1760 yuan per ton in cash terms, while the actual export prices are around 1630–1650 yuan per ton in cash terms ； Negotiations in the Hunan market have seen a slight decline; the market price is around 1,750 yuan per ton, with deals being made for smaller orders. The methanol market in Fujian remains stable for now; prices at major storage areas are steady at around 1,640 yuan per ton including taxes. There were few inquiries this morning, resulting in low transaction volume in the market.