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Methanol price trends across China on July 29 Author/Source: Business Society Date: 2020-07-29 Clicks: 67 In Inner Mongolia, the quotes from companies in the southern region for methanol this week are around 1,320 yuan per ton in cash terms; trading activity is currently at an average level； The quotes from companies on the northern route are around 1,270–1,280 yuan per ton in cash terms; it is reported that some transactions were made at around 1,250 yuan per ton, so the transaction volume is relatively good. The methanol market in Henan remains stable for now, with negotiations focused on small orders. The leading companies have not yet submitted their quotes; the quotes from other companies remain stable, with a reference price of 1430 yuan per ton at the factory level ； The reference quote for the Luoyang market is 1,450 yuan per ton in cash. The prevailing transaction price in Linfen, Shanxi remains stable at 1,340–1,350 yuan per ton, with delivery on cash basis ； 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 stabilized at 1,360–1,370 yuan per ton, ex-warehouse and in cash ； In the Lüliang area, the auction price has reached 1,350 yuan per ton, with payment in cash and delivery upon completion of the sale ； In the Yuncheng area, the reference market price is 1,360–1,530 yuan per ton, with delivery against cash payment ； The prevailing transaction price in the Datong area is 1,360 yuan per ton, payable in cash at delivery; sales have been halted. Inventory levels in this region are mostly at moderate to low levels, and companies are able to make decent shipments. The mainstream reference price for methanol in the Anhui region remains stable at 1,530–1,550 yuan per ton, ex-warehouse and on credit. Futures are trading in a moderately strong range, with producers offering stable quotes. The methanol market in the Two Lakes region remained stable with little change, as most transactions were conducted through small-scale negotiations. Hubei-based enterprises have made slight adjustments to their quotes; the actual ex-factory price is around 1550–1570 yuan per ton in cash terms ； The reference quote for the Hunan market is 1,700–1,740 yuan per ton in cash. Negotiations in the methanol market in Fujian remain stable overall; prices at the main storage areas are steady at around 1620–1650 yuan per ton, including taxes, for delivery from the warehouses. The atmosphere for in-person negotiations was average, with limited deals closed.