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Methanol price trends across China on August 4. Author/Source: Business Society. Date: 2020-08-04. Clicks: 2. Methanol prices in Panjin, Liaoning have dropped by 20 yuan per ton, reaching 1,580 yuan per ton when delivered against cash; in Shenyang, prices have fallen by 30–50 yuan per ton, at 1,650–1,670 yuan per ton for cash delivery. Rising freight costs have increased the cost of delivery, leading downstream manufacturers to purchase only as needed. The prevailing transaction price in Linfen, Shanxi has risen by 10 yuan per ton, reaching 1350–1360 yuan per ton for cash delivery ； Afternoon bids in the Changzhi area ； In the Jincheng area, the mainstream transaction prices for high-end products have risen by 20 yuan per ton, reaching 1390–1410 yuan per ton, with delivery on cash basis ； In the Lüliang area, the auction price has reached 1,390 yuan per ton, with cash payment required for delivery ； In the Yuncheng area, the reference mainstream price has increased by 10 yuan per ton, reaching 1390–1530 yuan per ton, with delivery on cash basis ； The prevailing transaction price in the Datong area is 1,360 yuan per ton, payable in cash at delivery; sales have been suspended. Today, bidding results for various enterprises were fairly good, with the goods up for bid mainly being sent to Shandong and Hebei. The methanol market in Henan is operating in an orderly manner. Areas in the surrounding region saw modest gains, while buyers in the market tended to adopt a wait-and-see attitude. The leading companies have not yet provided quotes, while other companies have offered stable prices; the reference price at the factory is 1430–1480 yuan per ton ； The reference price for the Luoyang market is 1,460–1,480 yuan per ton in cash. In the Fuyang market of Anhui region, the mainstream reference price for methanol has increased by 10–15 yuan per ton, reaching 1520–1535 yuan per ton at the time of delivery and settlement. Futures are strengthening, boosting market sentiment, with firms offering firm quotes. The methanol market in the Two Lakes region is operating in a regulated manner; buyers are cautious, and actual transactions remain low. Hubei-based companies offer stable prices; the actual ex-plant price is around 1550–1570 yuan per ton in cash terms ； Prices in the surrounding areas are rising; the quoted price for the Hunan market is 1720–1740 yuan per ton in cash terms. The methanol market in Fujian remains stable overall, with prices at major storage areas staying around 1620–1640 yuan per ton, including taxes, at the time of delivery. The atmosphere for spot negotiations was average, with limited deals closed.