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Methanol price trends across China on May 21 Author/Source: Business Society Date: 2020-05-21 Clicks: 2 The methanol market in Henan remains stable for now. The leading enterprises in Henan have not yet provided quotes; the quotes from other enterprises remain stable, with a reference price at 1470–1530 yuan per ton in cash terms at the factory ； The market quote in Luoyang is around 1,500 yuan per ton in cash, with transactions mainly involving small orders. In the methanol market in southern Shandong, the prevailing offer price is 40 yuan/ton higher, at around 1590 yuan/ton in cash terms. In Linyi, the price for locally sourced goods is about 1600–1610 yuan/ton, without invoice; there are no current offers for goods shipped via logistics. Moderate replenishment downstream helps sustain the mindset of industry players. The mainstream reference prices for methanol in the Anhui region remain stable at 1,600–1,620 yuan per ton upon delivery and acceptance; futures prices opened higher, while manufacturers continued to offer steady quotes. The methanol market in the Two Lakes region remains stable, with transactions mainly consisting of small orders. Hubei-based companies are offering stable prices; the reference price is 1660–1710 yuan per ton in cash terms, while the actual price at the factory is around 1610–1650 yuan per ton in cash terms ； Negotiations in the Hunan market are satisfactory; the supply of goods at lower prices has decreased, with quotes around 1800 yuan per ton in cash terms. The methanol market in Fujian region is performing poorly; in some of the main storage areas, negotiations have resulted in prices staying around 1560–1580 yuan per ton inclusive of taxes at the time of delivery. Suppliers are eager to sell their stock, but there is a lack of inquiries from buyers, indicating weak demand.