On July 7, methanol prices in Shandong region declined: The negotiated price of methanol in the Zibo, Shandong market dropped to

On July 7, methanol prices in the Shandong region declined: In Zibo area, the market negotiating price for methanol was 2,370 RMB/ton delivered on cash basis, down 10 RMB/ton; central Shandong methanol prices were reported at 2,450–2,470 RMB/ton. In Dongying area, the methanol market price was 2,360 RMB/ton delivered on cash basis, down 5 RMB/ton. In Zibo area, the methanol market negotiating price was 2,380 RMB/ton delivered on cash basis, while local factories in central Shandong quoted prices at 2,450–2,470 RMB/ton ex-works.