Summary Post on the Methanol Market Conditions and Prices in July 2016

Methanol prices as of July 1, 2016: http://www.chemcp.com. According to China Chemical Products Network, the details are as follows: Hunan Yihua’s industrial-grade methanol is priced at 2050; prices remain stable. Shandong Yankuang Group’s industrial-grade methanol is priced at 1800 with normal delivery. Lanyue Chemical in Linyi, Shandong, quotes industrial-grade methanol at 1870. Shanxi Coking’s industrial-grade methanol is priced at 1590, while Shanxi Jinfeng’s industrial-grade methanol is priced at 1650, with payment upon delivery. Anhui Haoyuan’s industrial-grade methanol is priced at 1900, also with payment upon delivery. Jinshi in Shijiazhuang, Hebei, quotes industrial-grade methanol at 1760. Anhui Linhuan Coking’s industrial-grade methanol is priced at 1860, with payment upon delivery. Anhui Linquan’s industrial-grade methanol is priced at 1880, also with payment upon delivery. Shanxi Datuhe Coking’s industrial-grade methanol is priced at 1620. Chongqing Wansheng’s methanol is priced at -1780; it is not available for export for now. Henan Hebi Coal and Electricity’s industrial-grade methanol is priced at 1850. Inner Mongolia Shenhua Mengxiya’s industrial-grade methanol is priced at 1600. Heilongjiang Jianlong Steel’s industrial-grade methanol is priced at 1800, with delivery available locally only. Sichuan Dazhou Steel’s industrial-grade methanol has a price of 0. Jiangsu Yizhou Coal and Coking’s industrial-grade methanol is priced at 1810. Sichuan Chuanwei’s industrial-grade methanol is priced at 2000. Hubei Sanning’s industrial-grade methanol is priced at 1900, with some products being used internally. Jiangsu Hengsheng’s industrial-grade methanol is priced at 1820. Shandong Mingshui Dahuahua’s industrial-grade methanol is priced at 1790, with payment in cash. Daqing Oilfield’s industrial-grade methanol is priced at 2300, with delivery available. Heilongjiang Zhongmei Longhua’s industrial-grade methanol is priced at 2000. Hebei Dingzhou Tianlu New Energy’s industrial-grade methanol is priced at 1800. Shandong Lianmeng’s industrial-grade methanol is priced at 1760, with payment in cash. Henan Xinlianxin’s industrial-grade methanol is priced at 1850. Shanxi Jiantao Wanxinda’s industrial-grade methanol is priced at 1700. Hebei Zhengyuan Chemical’s industrial-grade methanol is priced at 1840, with payment upon delivery. Shanxi Yangmei Fengxi’s industrial-grade methanol is priced at 1750, with satisfactory delivery conditions. Heilongjiang Baotailong Coal Methanol’s industrial-grade methanol is priced at 2450. Heilongjiang Yidaxin’s industrial-grade methanol is priced at 2300. Heilongjiang Qitaihe Jiwei’s industrial-grade methanol is priced at 1850. Keywords: Methanol, Price Database

Analysis and forecast of domestic methanol price trends on July 1 http://www.chemcp.com July 1, 2016, China Chemical Products Network: The domestic spot market showed mixed trends with some increases and some decreases. The northwest region mainly focuses on contract-based transactions; the current market price is 1,560–1,650 yuan per ton ； In the Huaihai region, the price in Hebei has dropped by 20 yuan per ton; the current mainstream price is 1700–1780 yuan per ton ； Futures prices rose; port prices also increased. In East China, prices went up by 10 yuan/ton, ranging from 1,900 to 1,970 yuan/ton. In South China, prices increased by 10 yuan/ton, falling within the range of 1,920 to 1,940 yuan/ton. Prices remained stable in other regions. 　New orders in the northwest region are average; the focus is on contract execution, and the situation is currently stable ； In the Bohai Rim region, Hebei experienced a slight decline due to the impact of large amounts of imported goods at low prices; Shanxi and northern Shandong remained stable, but sales were average ； Traffic in the Huaihai region is manageable for now, with an overall stable situation ； Shipments in Central China are average, with stability being the main feature ； Futures are rising, ports continue to climb; Jiangsu and Zhejiang in East China see slight increases, while South China also experiences a modest rise. Recently, the domestic spot market has remained generally stable; supply and demand are in balance in most areas of the country. Manufacturers can proceed with shipments as usual, and downstream buyers are receiving goods normally. There are no significant price fluctuations in the market overall, but prices have dropped again in some areas due to an increase in inventory levels. Paper delivery in the port area has come to an end; downstream parties continue to take deliveries as needed, resulting in a slowdown in delivery volumes. Prices have risen only slightly, driven by futures markets. Currently, domestic downstream demand is moderate; methanol manufacturers are releasing goods at a steady pace, and the market is in a state of rebalancing, with prices fluctuating within a narrow range. Under the influence of multiple factors, the domestic methanol market is likely to remain largely range-bound in the near term, with localized price fluctuations.

Analysis of methanol price trends as of July 1, 2016: http://www.chemcp.com. As of July 1, 2016, according to China Chemical Products Network, the mainstream ex-factory prices in central and eastern Shandong increased by 20 yuan per ton, reaching 1770–1780 yuan per ton; while traders in Zibo and its surrounding areas reported transaction prices around 1770 yuan per ton. Dynamic enterprise shipments are available for now. The prevailing selling prices for methanol produced from coal or coke oven gas in Heilongjiang Province are around 1,700–1,750 yuan per ton. The products are mainly sold locally and in Jilin Province ； The quotes provided by the main traders in Liaoning range around 1,850–1,880 yuan per ton; demand in the market is weak, resulting in sluggish sales. The dynamic methanol market in the Northeast remains stable for now. The methanol market in Henan region has seen a slight increase; local methanol producers are offering prices of 1,850 yuan per ton, while the typical selling price is around 1,700–1,720 yuan per ton. The prevailing quotes from traders in Luoyang are around 1,700–1,750 yuan per ton, with weak market transaction activity. In Shaanxi and Inner Mongolia, the ex-works prices for enterprises are between 1,560 and 1,640 yuan per ton; the lower end of this range applies to cash payments, while the higher end applies to acceptance bills. Currently, the ex-works price for enterprises in northern Shaanxi is 1,620 yuan per ton. For major enterprises in the Guanzhong region of Shaanxi, the ex-works prices also range from 1,560 to 1,640 yuan per ton; again, the lower end corresponds to cash payments and the higher end to acceptance bills ； The ex-factory price for enterprises along the northern route in Inner Mongolia is 1,600 yuan per ton, while that for enterprises along the southern route is 1,620 yuan per ton. It is reported that some companies can proceed with shipments this week for the time being. In the northern Jiangsu region, the price increased by 20 yuan per ton, reaching 1830–1840 yuan per ton. The dynamic methanol market is seeing a slight upward trend; production by major manufacturers remains stable, and sales are mainly directed at contract clients. For now, manufacturers are able to meet their sales demands. The mainstream retail prices for enterprises in southern Shandong have risen by 20 yuan per ton, reaching 1820–1840 yuan per ton. Traders offer a price of around 1800 yuan per ton for deliveries to the Linyi area without invoices. Dynamic Shandong Rongxin will be shut down for maintenance for about 15 days starting from July 1st. In the first half of July, the methanol production capacity affected by maintenance efforts in southern Shandong is around 900,000 tons, with an increasing number of methanol plants in the area undergoing maintenance. In Hubei, the prevailing negotiation price is around 1,900–1,950 yuan per ton; the prices offered by lower-end manufacturers are those at the factory level, while those from high-end traders in Wuhan determine the market price. In Hunan, the prevailing negotiation price is 2,050 yuan per ton, with prices set by traders in Changsha for lower-end products, and prices from high-end manufacturers determining those for higher-end products. The methanol market in these two regions remains stable. In the southern and southeastern parts of Shanxi, the prices offered by leading enterprises are between 1,570–1,650 yuan per ton; the production facilities in Jincheng operate steadily, with acceptance prices at 1,650 yuan per ton. The spot price for shipments in Linfen is around 1,570–1,600 yuan per ton, while in Changzhi it is mainly between 1,650–1,670 yuan per ton; market activity remains satisfactory for now. The ex-factory prices of enterprises in the Hebei region are between 1,760 and 1,840 yuan per ton. The export prices from enterprises in Shijiazhuang and its surrounding areas are around 1,700–1,740 yuan per ton, while trade prices range from 1,680 to 1,730 yuan per ton. In the Wen’an area, prices without invoices are approximately 1,700–1,730 yuan per ton. The standard export price in Tangshan is 1,750 yuan per ton. Recently, there has been an abundance of low-priced goods from outside the region, so market transactions are currently functioning fairly well. In the Anhui region, the prevailing negotiation price is around 1,880 yuan per ton. The dynamic methanol market remains stable; major companies are operating normally, adhering to their contracts, while shipments by industry players are at a moderate level. The ex-plant prices of major enterprises in Fujian range from 2,100 to 2,150 yuan per ton. The dynamic methanol market remains stable; some prices at ports are around 1,920 to 1,950 yuan per ton, with actual transaction prices being slightly lower. In the Yunnan-Guizhou region, the prevailing market price for methanol is around 1,850–1,900 yuan per ton, while the actual ex-factory price offered by local manufacturers is around 1,720–1,750 yuan per ton. Trading activity in the dynamic local market was limited; the market remained calm, with prices fluctuating at low levels.

Analysis and forecast of domestic methanol price trends on July 4th: http://www.chemcp.com July 4, 2016, China Chemical Products Network. The domestic spot market showed mixed trends in some areas. The northwest region mainly focuses on contract-based transactions; the current market price is 1,560–1,650 yuan per ton ； In the Huaihai region, the price in northern Shandong has risen by 20 yuan per ton; the current mainstream price is 1770–1780 yuan per ton ； In the Huaihai region, the price increased by 10–20 yuan per ton, reaching 1820–1840 yuan per ton ； Futures prices declined; port prices also fell. In East China, prices dropped by 10 yuan/ton to range between 1,890 and 1,960 yuan/ton. In South China, prices fell by 20 yuan/ton to between 1,900 and 1,920 yuan/ton. Prices remained stable in other regions. The domestic methanol market remains stable, with slight fluctuations in some areas. The main reason for this is that shipments in the northwestern regions of China are currently feasible, while downstream users in the Bohai Rim region are making periodic stock replenishments; manufacturers are able to ship their products as usual. However, there are still some areas where shipment conditions are poor, port inventories are rising, and shipments in port areas remain moderate. Currently, the domestic methanol market is in overall supply-demand balance; there are no significant factors that could cause large price fluctuations, so the market is likely to remain stable for some time, with short-term price changes being limited. Today, the focus in the northwest is on contract execution; the situation is temporarily stable ； In the Bohai Rim region, northern Shandong saw a slight increase in prices, while Shanxi and Hebei remained stable; however, sales were average ； Traffic in the Huaihai region is acceptable, with a slight increase in prices ； Shipments in Central China are currently stable, with slight local rebounds ； Futures declined, ports saw a slight pullback; Jiangsu and Zhejiang in East China experienced modest declines, while the South China region saw a downward trend. Under the influence of multiple factors, the domestic methanol market is likely to remain largely range-bound in the near term, with localized price fluctuations.

Methanol prices as of July 4, 2016: http://www.chemcp.com. China Chemical Products Network – Company/Region Name, Type, Price, Remarks: Henan Xinlianxin Industrial-grade methanol, price: 1850; Shanxi Yangmei Fengxi Industrial-grade methanol, price: 1750, satisfactory delivery; Shanxi Datuhe Coking Industrial-grade methanol, price: 1620; Shandong Lianmeng Industrial-grade methanol, price: 1780, cash payment; Heilongjiang Yidaxin Industrial-grade methanol, price: 2300; Heilongjiang Jianlong Steel Industrial-grade methanol, price: 1800, ex-factory price; Hebei Shijiazhuang Jinshi Industrial-grade methanol, price: 1760; Sichuan Dazhou Steel Industrial-grade methanol, price: 0; Chongqing Wansheng Methanol, price: -1780, not for export at present; Shanxi Coking Industrial-grade methanol, price: 1590; Jiangsu Hengsheng Industrial-grade methanol, price: 1840; Jiangsu Yizhou Coal Coking Industrial-grade methanol, price: 1830; Henan Hebi Coal and Electricity Industrial-grade methanol, price: 1850; Anhui Linhuan Coking Industrial-grade methanol, price: 1880, payable upon delivery; Shandong Linyi Lan Yue Chemical Industrial-grade methanol, price: 1820, for external sales; Sichuan Chuanwei Industrial-grade methanol, price: 2000; Dalian Dahuahua Methanol, price: -1900, for local sales only; Shanxi Jinfeng Industrial-grade methanol, price: 1680, high-purity version, payable upon delivery; Tangshan Guyu Coal Coking Industrial-grade methanol, price: 1750, cash payment; Shandong Yankuang Group Industrial-grade methanol, price: 1820, normal delivery; Heilongjiang Baotailong Coal Methanol, price: 2450; Heilongjiang Qitaihe Jiwei Industrial-grade methanol, price: 1850; Hebei Tangshan Zhongrun Industrial-grade methanol, price: 1780, widely accepted in the surrounding area; Shandong Binzhou Xintianyang Methanol, price: -1860; Hebei Jinniu Xuyang Methanol, price: -1750, ex-factory price; Anhui Haoyuan Industrial-grade methanol, price: 1900, payable upon delivery; Shanxi Jiantao Wanxinda Industrial-grade methanol, price: 1700; Cangzhou China Railway Coking Industrial-grade methanol, price: 0, ex-factory price; Hebei Dingzhou Tianlu New Energy Industrial-grade methanol, price: 1800; Hebei Tangshan Wanfengxing Chemical Industrial-grade methanol, price: -1880, for external sales; Shandong Xinneng Phoenix Industrial-grade methanol, price: 1880, stable delivery; Anhui Linquan Industrial-grade methanol, price: 1880, payable upon delivery; Hunan Yihua Industrial-grade methanol, price: 2050, stable price; Hubei Sanning Industrial-grade methanol, price: 1900, some products for internal use; Shandong Tengzhou Shenglong Industrial-grade methanol, price: 1820, ex-factory price; Shandong Mingshui Dahuahua Industrial-grade methanol, price: 1800, cash payment; Daqing Oilfield Industrial-grade methanol, price: 2300, ex-factory price; Hebei Zhengyuan Chemical Industrial-grade methanol, price: 1840, payable upon delivery; Heilongjiang China National Coal Group Longhua Industrial-grade methanol, price: 2000. Keywords: Methanol, Price Database

Analysis of methanol price trends on July 4, 2016: http://www.chemcp.com. As of July 4, 2016, according to China Chemical Products Network, the prevailing retail prices for enterprises in southern Shandong remain stable at 1820–1840 yuan per ton; traders offer a price of around 1800 yuan per ton for deliveries to Linyi without invoices. Enterprise shipments remain stable for now; in the first half of July, the methanol production capacity affected by maintenance efforts in southern Shandong was around 900,000 tons. The mainstream ex-factory price in central and eastern Shandong remains stable at 1,770–1,780 yuan per ton, while the average transaction price for traders in Zibo and its surrounding areas is around 1,770 yuan per ton. Dynamic enterprise shipments are available for now. In the northern Jiangsu region, the price is 1,830 yuan per ton. The dynamic methanol market remains stable; the major manufacturers are operating at a steady pace, with deliveries mainly going to contract clients. For now, manufacturers are able to meet their delivery obligations. The prevailing selling prices for methanol produced from coal or coke oven gas in Heilongjiang Province are around 1,700–1,750 yuan per ton. The products are mainly sold locally and in Jilin Province ； The quotes provided by the main traders in Liaoning range around 1,850–1,880 yuan per ton; demand in the market is weak, resulting in sluggish sales. The dynamic methanol market in the Northeast remains stable for now. The ex-factory prices of enterprises in the Hebei region are between 1,760 and 1,840 yuan per ton. The export prices from enterprises in Shijiazhuang and its surrounding areas are around 1,710–1,740 yuan per ton, while trade prices range from 1,700 to 1,730 yuan per ton. In the Wen’an area, prices without invoices are approximately 1,720–1,750 yuan per ton. The mainstream export price in Tangshan is 1,750 yuan per ton. Market activity remains satisfactory at present. The methanol market in the southwest region remains stable; the main selling price for manufacturers in Sichuan and Chongqing is around 1,750–1,780 yuan per ton, with most manufacturers adhering to their contracts. In the Sichuan-Chongqing region, the price for major suppliers to deliver goods including taxes is around 1820–1860 yuan per ton, with moderate transaction volume. In the Anhui region, the acceptance price is around 1,880 yuan per ton. The dynamic methanol market remains stable; major companies are operating normally, fulfilling their contracts as scheduled, while shipments by industry players are at average levels. The methanol market in Henan remains stable; local methanol producers are offering prices of 1,850 yuan per ton, while the typical selling price is around 1,700–1,720 yuan per ton. The prevailing quotes from traders in Luoyang are around 1,700–1,750 yuan per ton, with weak market transaction activity. In Hubei, the prevailing negotiation price is between 1,900 and 1,950 yuan per ton; the prices offered by lower-tier manufacturers are at the factory level, while those from high-end traders in Wuhan determine the market price. In Hunan, the prevailing negotiation price is 2,050 yuan per ton, with prices set by traders in Changsha for lower-tier products, and factory prices from high-end manufacturers for higher-tier products. The methanol market in these two regions remains stable. In the southern and southeastern parts of Shanxi, leading companies have increased their factory prices by 20 yuan per ton, resulting in prices ranging from 1,590 to 1,650 yuan per ton. The production facilities in Jincheng remain stable, with quoted prices at 1,680 yuan per ton. The spot price for shipments in Linfen is around 1,590–1,620 yuan per ton, while in Changzhi it is mainly between 1,650–1,670 yuan per ton; market activity remains satisfactory for now. In Fujian, the price is 2100–2150 yuan per ton; the dynamic methanol market determines the price, with some quotes at ports ranging from 1930–1960 yuan per ton, while the actual transaction prices are slightly lower. In the Guanzhong region of Shaanxi, the prevailing negotiation/transaction price is 1,580–1,660 yuan per ton, for high-end grades. The reference acceptance price in the area around Xianyang is 1,660 yuan per ton, up by 20 yuan per ton compared to last week; the actual transaction price remains to be determined. In Shaanxi and Inner Mongolia, the price of methanol as determined by the local associations is 1,600 yuan per ton on the northern route; on the southern route, it has dropped by 20 yuan per ton compared to the beginning of last week, reaching 1,600 yuan per ton. The actual transaction prices across various companies will need to be monitored further, with the latest prices for methanol from these companies likely to be announced this afternoon or over the next day. It is reported that due to the Eid al-Fitr holiday, some olefin manufacturers have suspended their purchases from external sources, while most methanol producers are waiting to see how things develop. In the Yunnan-Guizhou region, the prevailing market price for methanol is around 1,850–1,900 yuan per ton, while the actual ex-factory price offered by local manufacturers is around 1,720–1,750 yuan per ton. Activity in the local market is limited; the market remains calm with prices staying stable at low levels.

Methanol prices as of July 5, 2016: http://www.chemcp.com. China Chemical Products Network – Company/Region Name, Product Type, Price, Notes: Heilongjiang Jianlong Steel – Industrial-grade methanol, price: 1800, ex-factory price; Shandong Xinneng Phoenix – Industrial-grade methanol, price: 1890, stable supply; Shanxi Anze Yongxin – Industrial-grade methanol, price: 1630; Shanxi Jiantao Wansinda – Industrial-grade methanol, price: 1720; Henan Hebi Coal and Electricity – Industrial-grade methanol, price: 1850; Henan Xinlianxin – Industrial-grade methanol, price: 1850; Hubei Sanning – Industrial-grade methanol, price: 1900, some products for internal use only; Anhui Linhuan Coking – Industrial-grade methanol, price: 1880, delivered against acceptance; Shandong Yankuang Group – Industrial-grade methanol, price: 1820, normal supply; Hebei Dingzhou Tianlu New Energy – Industrial-grade methanol, price: 1800; Shandong Lianmeng – Industrial-grade methanol, price: 1780, cash price; Shandong Linyi Hengchang – Industrial-grade methanol, price: 1870, normal supply; Shandong Linyi Lan Yue Chemical – Industrial-grade methanol, price: 1820, for external sales; Shanxi Datuhe Coking – Industrial-grade methanol, price: 1620; Shandong Tengzhou Shenglong – Industrial-grade methanol, price: 1820, ex-factory price; Chongqing Wansheng – Methanol, price: -1730, not for external sale at present; Sichuan Dazhou Steel – Industrial-grade methanol, price: 0; Dalian Dahuahua – Methanol, price: -1900, sold only locally; Jiangsu Yizhou Coal and Coking – Industrial-grade methanol, price: 1830; Jiangsu Hengsheng – Industrial-grade methanol, price: 1830; Heilongjiang Yidaxin – Industrial-grade methanol, price: 1900; Shandong Mingshui Dahuahua – Industrial-grade methanol, price: 1800, cash price; Heilongjiang Zhongmei Longhua – Industrial-grade methanol, price: 2000; Hebei Zhengyuan Chemical – Industrial-grade methanol, price: 1840, delivered against acceptance; Daqing Oilfield – Industrial-grade methanol, price: 2300, ex-factory price; Heilongjiang Baotailong Coal Methanol – Industrial-grade methanol, price: 2450; Heilongjiang Qitaihe Jiwei – Industrial-grade methanol, price: 1850; Shanxi Coking – Industrial-grade methanol, price: 1610; Shanxi Yangmei Fengxi – Industrial-grade methanol, price: 1750, satisfactory supply. Keywords: Methanol, Price Database

Analysis and forecast of domestic methanol price trends on July 5 http://www.chemcp.com July 5, 2016, China Chemical Products Network. The domestic spot market showed slight increases in some areas. In the northwest Guanzhong region, the price has risen by 20 yuan per ton; the current mainstream price is 1580–1660 yuan per ton ； In parts of Shanxi within the Huaihai region, prices have risen by 20 yuan per ton; currently, the prevailing price range is 1,590–1,650 yuan per ton ； Futures prices rose sharply; port prices increased, with prices in East China rising by 40 yuan per ton to range between 1930–1990 yuan per ton, while prices in South China rose by 20 yuan per ton to range between 1920–1940 yuan per ton. Prices in other regions remained stable for now. Most areas in the northwest have not seen new price increases, while prices in the Guanzhong region have risen slightly ； In the Bohai Rim region, prices in parts of Shanxi saw a slight increase, while northern Shandong and Hebei remained stable for now ； Traffic in the Huaihai region is fairly decent; the market remains stable for the most part ； Shipments in Central China are currently feasible, with an overall stable situation ； Futures saw a significant rise; port prices also increased. In East China, Jiangsu and Zhejiang experienced slight increases, while prices in South China rose considerably. At the beginning of the week, the overall domestic sales situation remains unclear; however, sales for some manufacturers in Shanxi and Guanzhong have improved, showing a slight increase. The sharp rise in methanol futures drove up prices of paper-based products, with active trading volume. However, the spot market situation is poor; most downstream users in the East China region purchase goods only as needed, while the majority remain cautious, resulting in weak trading activity. Recently, methanol futures have been rising steadily, and with the rainy season in coastal areas being a relatively quiet period, the risks associated with these futures have increased. Meanwhile, the northern market can currently absorb shipments; manufacturers are shipping goods as usual, and the market may edge higher within a narrow range. Under the influence of multiple factors, the domestic methanol market is likely to remain within a narrow range in the near term, with some areas possibly seeing price increases.

Analysis of methanol price trends on July 5, 2016: http://www.chemcp.com. As of July 5, 2016, according to China Chemical Products Network, the prevailing retail prices in southern Shandong remain stable at 1820–1840 yuan per ton. Traders offer a price of around 1800 yuan per ton for deliveries to Linyi without invoices. Shipments by dynamic enterprises remain relatively stable for now. It is reported that in the first half of July, the methanol production capacity undergoing maintenance in southern Shandong was around 900,000 tons. The prevailing selling price for methanol produced from coal and coke oven gas in Heilongjiang is around 1,650–1,700 yuan per ton, with the product mainly sold locally and in Jilin ； The quotes provided by the main traders in Liaoning range around 1,850–1,880 yuan per ton; demand in the market is weak, resulting in sluggish sales. The methanol market in the Northeast region is showing stability. The methanol market in the southwest region remains stable; the main selling price for manufacturers in Sichuan and Chongqing is around 1,750–1,780 yuan per ton, with most manufacturers adhering to their contracts. In the Sichuan-Chongqing region, the price for major suppliers to deliver goods including taxes is around 1820–1860 yuan per ton, with moderate transaction volume. In the Guanzhong region of Shaanxi, the prevailing negotiation/transaction price is 1,580–1,660 yuan per ton, for high-end grades. The reference acceptance price in the area around Xianyang is 1,660 yuan per ton; manufacturers are currently able to ship goods. The spot ex-factory price for enterprises in Shaanxi and Inner Mongolia is 1,580–1,660 yuan per ton; the price is based on spot payment for lower-end products, while acceptance payment is used for higher-end products. The ex-factory price for dynamic enterprises in northern Shaanxi is 1,600 yuan per ton, while that for major enterprises in central Shaanxi ranges from 1,580 to 1,660 yuan per ton. Cash payments are applicable for lower-end products, while acceptance letters are used for higher-end products ； The ex-factory price for enterprises in the northern part of Inner Mongolia is 1,600 yuan per ton, while that for enterprises in the southern part of Inner Mongolia is also 1,600 yuan per ton. It is reported that some companies can proceed with shipments this week for the time being. In the Anhui region, the prevailing negotiation price is around 1,880 yuan per ton. The dynamic methanol market remains stable; major companies are operating normally, adhering to their contracts, while shipments by industry players are at a moderate level. The ex-factory prices of enterprises in Hebei region have increased by 20 yuan per ton at the higher end, ranging from 1,760 to 1,860 yuan per ton. The export price for enterprises in Shijiazhuang and its surrounding areas is around 1,730–1,740 yuan per ton, while the trading price is 1,720–1,730 yuan per ton. In the Wen’an area, the price without invoices is around 1,720–1,750 yuan per ton. The mainstream export price in Tangshan is 1,750 yuan per ton. There is a slight increase in market prices, and market transactions are currently satisfactory. The ex-plant price of major manufacturers in the southern and southeastern parts of Shanxi Province ranges from 1,590 to 1,650 yuan per ton; the plants in Jincheng are operating stably, with quoted prices at 1,680 yuan per ton. The spot price for shipments in Linfen is around 1,590–1,620 yuan per ton, while in Changzhi it is mainly between 1,650–1,670 yuan per ton; market activity remains satisfactory for now. The prevailing ex-plant price in central and eastern Shandong remains stable at 1,780 yuan per ton, while the average transaction price among traders in Zibo and its surrounding areas is around 1,770 yuan per ton. Dynamic enterprise shipments are available for now. The methanol market in Henan remains stable; local methanol producers are offering prices of 1,850 yuan per ton, while the typical selling price is around 1,700–1,720 yuan per ton ； The prevailing quotes from traders in Luoyang are around 1,700–1,750 yuan per ton, with weak market transaction activity. The prevailing negotiation price in Hubei is between 1,900 and 1,950 yuan per ton; the factory prices come from low-end manufacturers, while those offered by traders in Wuhan apply to the high-end products. The prevailing negotiation price in Hunan is 2,050 yuan per ton; quotes come from lower-end traders in Changsha, while the factory prices are offered by the major manufacturers at the higher end. The methanol market in the dynamic Two Lakes region remains stable.

Methanol prices as of July 6, 2016: http://www.chemcp.com. As of July 6, 2016, according to China Chemical Products Network: Company/Region Name, Product Type, Price, Remarks. Shanxi Jiantao Wansinda – industrial-grade methanol, price: 1720; Cangzhou China Railway Coking – industrial-grade methanol, ex-factory price; Anhui Linhuan Coking – industrial-grade methanol, price: 1880, delivered upon acceptance; Shaanxi Shanjiao – industrial-grade methanol, price: 1630, delivered upon acceptance; Shaanxi Changqing Energy – industrial-grade methanol, price: 1650, ex-factory; Shandong Tengzhou Shenglong – industrial-grade methanol, ex-factory price: 1820; Shandong Linyi Hengchang – industrial-grade methanol, price: 1870, regular shipments; Shandong Xinneng Phoenix – industrial-grade methanol, price: 1870, stable shipments; Shaanxi Heimaohao Coking – industrial-grade methanol, price: 1650; Anhui Haoyuan – industrial-grade methanol, price: 1900, delivered upon acceptance; Anhui Linquan – industrial-grade methanol, price: 1880, delivered upon acceptance; Henan Hebi Coal and Electricity – industrial-grade methanol, price: 1850; Hunan Yihua – industrial-grade methanol, price: 2050, stable; Hubei Sanning – industrial-grade methanol, price: 1900, some products for internal use; Heilongjiang Jianlong Steel – industrial-grade methanol, ex-factory price: 1800; Hebei Tangshan Wanfengxing Chemical – methanol, price: 1880, for external sales; Shanxi Coking – industrial-grade methanol, price: 1610; Shaanxi Weihe Chemical – methanol, price: 1660, local prices; Shanxi Datuhe Coking – industrial-grade methanol, price: 1620; Hebei Dingzhou Tianlu New Energy – industrial-grade methanol, price: 1800; Shanxi Jinfeng – industrial-grade methanol, price: 1680, high-purity version, delivered upon acceptance; Shanxi Anze Yongxin – industrial-grade methanol, price: 1640; Jiangsu Yizhou Coal and Coking – industrial-grade methanol, price: 1830; Heilongjiang Baotailong Coal Methanol – industrial-grade methanol, price: 2450; Heilongjiang Yidaxin – industrial-grade methanol, price: 1900; Heilongjiang Qitaihe Jiwei – industrial-grade methanol, price: 1850; Inner Mongolia Rongxin Chemical – industrial-grade methanol, price: 1600; Dalian Dahuahua – methanol, price: 1900, for local sales only; Hebei Shijiazhuang Jinshi – industrial-grade methanol, price: 1760; Shandong Yankuang Group – industrial-grade methanol, regular shipments; Jiangsu Hengsheng – industrial-grade methanol, price: 1830; Daqing Oilfield – industrial-grade methanol, ex-factory price: 2300; Heilongjiang China National Coal Group Longhua – industrial-grade methanol, price: 2000; Henan Xinlianxin – industrial-grade methanol, price: 1850; Hebei Zhengyuan Chemical – industrial-grade methanol, price: 1860, delivered upon acceptance; Shandong Mingshui Dahuahua – industrial-grade methanol, price: 1800, in cash; Shandong Lianmeng – industrial-grade methanol, price: 1780, in cash; Hebei Tangshan Zhunrun – industrial-grade methanol, price: 1780, widely accepted in the region; Shanxi Yangmei Fengxi – industrial-grade methanol, acceptable shipment volume; Tangshan Guyu Coal and Coking – industrial-grade methanol, price: 1750, in cash. Keywords: Methanol, Price Database