China’s methanol market strengthens in February, with prices of imported spots up from 3,040-3,050yuan/mt in early month to 3,160-3,200yuan/mt as of the week ending Feb 17 in Taicang, East China. Despite that methanol futures trim gains and CFR China pri
Methanol market in China is less fragmented after Chinese New Year holiday, presenting a tendency of more frequent interregional trading characterized by supplies in inland China being traded to East market as the price spread widens to open the arbitrage
The most actively traded May methanol futures on Zhengzhou Commodity Exchange declined Wednesday to close 1.82% lower from last settlement. Spot market in East China moved downward, while transaction was moderate.