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Methanol price trends across China on October 22 Author/Source: Business Society Date: 2020-10-22 Clicks: 25 The prevailing price of methanol in Qinghai region remained stable at 1,480 yuan per ton ex-warehouse in cash terms this week, with a favorable trading atmosphere. Zhonghao’s 600,000-ton-per-year methanol production facility powered by natural gas is operating at reduced capacity, with plans to shut it down completely by the end of the month. The price of methanol in the Panjin area remains stable at 1,770–1,800 yuan per ton, ex-warehouse. In the Shenyang area, the price of methanol is stable at 1,870 yuan per ton, ex-warehouse. Traders are selling at a moderate pace, while downstream users purchase according to their needs. The prevailing transaction price in Linfen, Shanxi remains stable at 1,630–1,660 yuan per ton, delivered in cash ； The offline price in the Changzhi area is 1,760 yuan per ton, with cash payment upon delivery ； The prevailing transaction price in the Jincheng area has stabilized at 1,740 yuan per ton, with delivery against cash payment ； There are no auctions currently taking place in the Lüliang area. Quotations in Henan’s methanol market saw a slight increase, with most participants adopting a wait-and-see attitude. Some enterprises in Henan have raised their quotes; the actual ex-plant price is around 1,800 yuan per ton ； The reference price for the Luoyang market is 1,820–1,830 yuan per ton. In the Fuyang area of Anhui, the market price of methanol remains stable at 1,950 yuan per ton for delivery upon acceptance; there is a strong sense of caution in the market, with only small orders driven by genuine demand being completed, resulting in modest trading activity. The methanol market in the Two Lakes region is operating steadily for now. Hubei enterprises offer stable prices, with a reference Out of factory price of 1950–2000 yuan per ton ； The reference price for the Hunan market is 2,120–2,150 yuan per ton. The methanol market in Fujian region has declined; prices at the main storage areas have dropped by 10–20 yuan per ton, with prices around 2050 yuan per ton including taxes. Trading activity in these areas is moderate, and deals are limited.