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Methanol price trends across China on June 18 Author/Source: Business Society Date: 2020-06-18 Clicks: 39 The methanol price in the Panjin area remains stable at 1,580 yuan per ton, ex-warehouse. In the Shenyang area, the price stays steady at 1,680 yuan per ton, ex-warehouse. Traders are selling at a moderate pace, while downstream users make purchases based on their needs. The methanol market in Henan is operating in an orderly manner. Henan-based companies have not provided any quotes yet; the major manufacturers are shut down for maintenance. In the Luoyang market, the quoted price is around 1450–1460 yuan per ton in cash terms. Demand comes mainly from those with urgent needs, and actual transactions are limited. The prevailing transaction price in Linfen, Shanxi remains stable at 1,380–1,400 yuan per ton, with cash payment upon delivery ； The prevailing transaction price in the Changzhi area is 1,460 yuan per ton, with cash payment at delivery ； The prevailing transaction price in the Jincheng area has stabilized at 1,380 yuan per ton, with delivery against cash payment ； In the Lüliang area, the auction price has reached 1,380 yuan per ton, with cash payment required for delivery ； There are no new prices in the Yuncheng area for now ； The prevailing transaction price in the Datong area is 1,400 yuan per ton, with cash payment and delivery upon shipment. Corporate shipments are average; attention is focused on new orders being closed. In central Shandong, the local delivery price for methanol remains stable at 1,650–1,660 yuan per ton in cash upon delivery, while the price for goods delivered from outside this area stays at 1,500 yuan per ton in cash upon delivery. Sales performance is average. The negotiated price of methanol in the Dongying area of Shandong remains stable at 1,490–1,510 yuan per ton, ex-warehouse and in cash; transaction volume is relatively low, so the price stays stable for now. In southern Shandong, the prevailing prices in the methanol market remain stable at around 1,530–1,550 yuan per ton in cash terms. In Linyi, the price for locally sourced goods stays stable at around 1,520–1,530 yuan per ton, excluding delivery costs; as for goods transported by logistics, the price remains stable at around 1,480–1,490 yuan per ton. Sales are average; many are waiting to see. The methanol market in northern Jiangsu is stabilizing; purchases are driven by essential demand, and actual transactions remain low. Corporate quotes remain stable; the actual ex-plant price is around 1,530 yuan per ton in cash terms. The mainstream reference price for methanol in the Anhui region is 1,470–1,480 yuan per ton, subject to acceptance at delivery. Transactions were mainly driven by genuine demand within the market, with a subdued atmosphere during negotiations. The methanol market in the Two Lakes region remains stable, with demand driven primarily by essential purchasing needs; actual transactions are limited. Quotations from Hubei enterprises remain stable; the actual ex-plant price is around 1,500 yuan per ton in cash terms ； The quoted price for the Hunan market is 1,680–1,700 yuan per ton in cash. The methanol market in Fujian remains stable overall; in some of the main storage areas, negotiations have resulted in prices staying around 1440–1450 yuan per ton, including taxes, at the time of delivery. Trading activity in the morning session was average, with weak transaction volumes.