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Methanol price trends across China on October 30 Author/Source: Business Society Date: 2020-10-30 Clicks: 19 In Qinghai region, the prevailing transaction price for methanol remains stable at 1,530 yuan per ton, paid in cash upon delivery; the market atmosphere for transactions is favorable. 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 prevailing transaction price in Linfen, Shanxi remains stable at 1,650–1,680 yuan per ton, with cash payment upon delivery ； 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 1,700–1,720 yuan per ton, ex-warehouse and in cash ； There are no auctions currently available in the Lüliang area. The methanol market in Henan is operating in an orderly manner. The quotes from the key enterprises in Henan saw a slight increase, while those from other enterprises remained stable; the actual ex-factory price is around 1770–1800 yuan per ton ； As a reference for negotiations in the Luoyang market, the price is 1,780–1,790 yuan per ton. The methanol market in the Two Lakes region is operating steadily. Hubei enterprises offer stable prices, with a reference Out of factory price of 1920–2000 yuan per ton ； The reference price for the Hunan market is 2,080–2,100 yuan per ton, with negotiations mainly for smaller orders. The methanol market in Fujian remains stable; negotiations in the main storage areas are centered around 2,040–2,050 yuan per ton including taxes for delivery from the storage facilities. Trading activity in these areas is moderate, with limited deals being struck.