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Methanol price trends across China on February 25 Author/Source: Business Society Date: 2021-02-25 Clicks: 27 There are no new prices in the methanol market 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. The methanol price in the Panjin area remains stable at 2,150 yuan per ton ex-plant, while in the Shenyang area it stays at 2,250 yuan per ton ex-plant. The delivery costs for traders have increased, but demand on the downstream side is gradually recovering. The prevailing transaction price in Linfen, Shanxi region, has stabilized at 1,950–1960 yuan per ton, with payment made upon factory delivery ； The offline price in the Changzhi area has stabilized at 2,050 yuan per ton, with payment made via bank transfer from the factory ； In the Jincheng area, the mainstream transaction prices have dropped by 20 yuan per ton, reaching 2030–2050 yuan per ton for cash payment at the factory. In the Anhui region, the mainstream reference price for methanol is 20 yuan/ton lower for the low-end grade, while it has risen by 30 yuan/ton to 2280–2350 yuan/ton at the factory gate for delivery against acceptance; only a small amount of transactions have taken place for the high-end grade. Some manufacturing enterprises face significant inventory pressure, with shipments playing a dominant role. The methanol market in Henan saw a slight increase, with decent transaction volume. The winning bid price for key enterprises in Henan is 2,150–2,160 yuan per ton ex-factory, up by 50 yuan per ton compared to the bid prices on February 22. Quotations from other enterprises remain stable, with a reference price of 2,100–2,110 yuan per ton ex-factory; overall, these enterprises are seeing good sales performance ； Affected by the rising futures prices, quotes in the Luoyang market have increased by 20–30 yuan per ton; the current cash price at the plant is around 2150 yuan per ton, with transactions being made for smaller quantities. The methanol market in the Two Lakes region saw a slight local increase. Some enterprises in Hubei have raised their quotes by 30 yuan per ton; the reference price at the factory is 2220–2280 yuan per ton, with payment made via bank transfer upon delivery, and sales are going well ； The reference price for the Hunan market is 2,370–2,400 yuan per ton in cash, with deals possible for smaller orders. The methanol market in Fujian saw a slight increase; major suppliers in the Quangang area raised prices by 20–30 yuan per ton, bringing the price to 2,550 yuan per ton including taxes at the time of delivery ； There are no active offers in the Xiamen area at present. Affected by imported supply, there were few inquiries at the market, resulting in poor sales performance.