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Methanol price trends across China on November 16 Author/Source: Business Society Date: 2020-11-16 Clicks: 16 There is no available information on methanol prices in Qinghai Province; due to gas supply restrictions during winter, all the major gas-based production facilities in that region are currently shut down for maintenance, with production expected to resume in March 2021. In the Panjin area, the price of methanol remains stable at 2,000 yuan per ton, ex-works. In the Shenyang area, the price of methanol stays steady at 2,130–2,150 yuan per ton, ex-works. At the beginning of the week, most people are adopting a wait-and-see attitude. The prevailing transaction price in Linfen, Shanxi has risen by 20–40 yuan per ton, reaching 1950–1970 yuan per ton for cash delivery ； The offline price in the Changzhi area is 2,070 yuan per ton, with cash payment at delivery ； The price of mainstream transactions in the Jincheng area has risen by 20 yuan per ton, reaching 2000–2030 yuan per ton for cash delivery. Trading in Henan’s methanol market is average. Henan-based companies offer stable prices; the actual ex-plant price is around 2080–2100 yuan per ton ； Affected by the rising prices in the surrounding areas, the price in the Luoyang market has risen to 2080–2100 yuan per ton. The methanol market in the Two Lakes region remains stable for now, with many buyers adopting a wait-and-see attitude. Hubei enterprises offer stable prices, with a reference price at 2090–2160 yuan per ton at the factory ； Negotiations in the Hunan market remain stable, with quotes ranging from 2240 to 2260 yuan per ton. The methanol market in Fujian region is declining; prices at major storage areas have dropped by 20-30 yuan per ton, reaching around 2160-2170 yuan per ton including taxes. The trading atmosphere in these areas is active, and sales are performing fairly well.