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Methanol price trends across China on April 27 Author/Source: Business Society Date: 2020-04-27 Clicks: 20 There are no new prices for methanol in Inner Mongolia at present; given the strong performance of the consumption market in regions such as Shandong, prices are expected to rise slightly this week. The price of methanol in the Panjin area remains stable at 1,600–1,610 yuan per ton, ex-warehouse. In the Shenyang area, the price of methanol stays steady at 1,720–1,730 yuan per ton, ex-warehouse. Traders are selling at a moderate pace, while downstream buyers tend to wait and observe before making decisions. The methanol market in Henan is showing slight consolidation. 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 are around 1500–1520 yuan per ton, with weak trading activity. In Linfen, Shanxi, the mainstream transaction price has increased by 20 yuan per ton, reaching 1410–1450 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 ； In the Jincheng area, the prevailing transaction prices for high-end products have increased by 30 yuan per ton, reaching 1420–1450 yuan per ton, with delivery on cash basis ； In the Lüliang area, the auction price has reached 1,420 yuan per ton, with cash payment required for delivery ； In the Yuncheng area, the prevailing transaction price has stabilized at 1,400 yuan per ton, with payment in cash and delivery upon shipment ； The prevailing transaction price in the Datong area has stabilized at 1,370 yuan per ton, ex-warehouse and in cash. Companies are making normal shipments; at the beginning of the week, some companies tend to wait and see, paying attention to prices in the northwest region. The bidding price in the methanol market of northern Jiangsu remains stable at around 1,590 yuan per ton in cash terms; some companies focus on fulfilling their contracts, and sentiment remains steady ahead of the holiday. The current spot pricing in the Nantong area is around 1,640–1,660 yuan per ton, with delivery on a cash basis. Supplies in this region are limited, and there are only occasional purchases to meet minor demand; thus, business negotiations are sparse. In central Shandong, the local selling price of methanol remains stable at 1,580–1,700 yuan per ton, paid in cash at delivery; sales are moderate, and parties are waiting to see how things develop. The negotiated price in the methanol market of Dongying area, Shandong Province, remains stable at around 1,530–1,550 yuan per ton, ex-warehouse and in cash; sales are moderate, with an increase in shipments returning recently.