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Methanol price trends across China on July 27 Author/Source: Business Society Date: 2020-07-27 Clicks: 84 The prevailing transaction price in Linfen, Shanxi has dropped by 20 yuan per ton, reaching 1350 yuan per ton for cash delivery； The offline price in the Changzhi area is 1,450 yuan per ton, with cash payment at delivery ； The prevailing transaction price in the Jincheng area has dropped by 10 yuan per ton, to 1370 yuan per ton for cash delivery ； In the Lüliang area, the auction price has reached 1,600 yuan per ton, with cash payment required for delivery ； In the Yuncheng area, the reference market price remains stable at 1,380–1,450 yuan per ton, with delivery in cash ； The prevailing transaction price in the Datong area is 1,360–1,370 yuan per ton, payable in cash at delivery; sales have been suspended. At the beginning of the week, weekend prices are often applied; pay attention to the situation in the northwest in the afternoon. Negotiations in Henan’s methanol market are at an impasse. The leading companies have reduced their quotes; other companies have not yet submitted any bids. The actual ex-plant price is around 1430 yuan per ton ； The reference quote for the Luoyang market is 1,440 yuan per ton in cash. The prevailing reference price for methanol in the Anhui region is 1,510–1,520 yuan per ton, ex-warehouse and on credit. Supply in the market is ample, with purchases mainly driven by downstream end-users with genuine demand. The methanol market in the Two Lakes region remains stable with a wait-and-see attitude, and transaction activity is low. The quotes from the key enterprises in Hubei remain stable, while those from other enterprises have been reduced; the actual ex-plant price is around 1550 yuan per ton in cash terms ； The reference price for the Hunan market is 1,700–1,740 yuan per ton in cash. Negotiations in the methanol market in Fujian region have been sluggish, with prices in the main storage areas remaining stable at around 1630–1640 yuan per ton, including taxes, at the time of delivery. At the beginning of the week, the atmosphere for negotiations in the market was subdued, with few deals being struck.