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Methanol price trends across China on December 15 Author/Source: Business Society Date: 2020-12-15 Clicks: 27 There is no available information on methanol prices in Qinghai Province; due to gas supply restrictions during winter, the main gas-based production facilities in this region are currently shut down for maintenance, with production expected to resume in March 2021. In the Panjin area, the price of methanol has risen by 160 yuan per ton, reaching 2130–2150 yuan per ton when delivered against cash; in the Shenyang area, the price has increased by 130 yuan per ton, reaching 2180–2200 yuan per ton for cash delivery. Traders are selling at a moderate pace, with purchases expected to occur due to essential needs next week. The prevailing transaction price in Linfen, Shanxi has risen by 20–50 yuan per ton, reaching 2050–2070 yuan per ton for cash delivery ； The online price in the Changzhi area is 2100–2120 yuan per ton, with delivery against cash payment ； The prices of mainstream products in the Jincheng area have risen by 120 yuan per ton, reaching 2100–2120 yuan per ton for cash delivery. Quotations in Henan’s methanol market continued to rise, while trading volume in the market remained moderate. Henan-based companies have raised their quotes, with actual ex-plant prices increasing to around 2130–2150 yuan per ton ； Quotations in the Luoyang market have risen to around 2150-2190. In the Anhui region, the mainstream reference price for methanol in the market is 2230–2350 yuan per ton upon delivery on credit. In the lower-tier area of Huaibei, some major producers have stopped operations, resulting in a reduced supply; as a result, these producers are holding their prices steady. The methanol market in the Two Lakes region has seen an overall upward trend, with decent trading activity in the market. Hubei-based companies have raised their quotes; the actual ex-factory price is around 2300–2320 yuan per ton ； Negotiated prices in the Hunan market have risen to 2,430–2,470 yuan per ton. The atmosphere in the methanol market in Fujian is moderate. In Quanzhou, spot transactions at the main storage areas involve prices of around 2400–2420 yuan per ton, including taxes; in Xiamen, the price is around 2430 yuan per ton, also including taxes. Demand for methanol is generally low.