March 6th News: Shandong Mingshui's 600,000-ton methanol plant, originally scheduled for maintenance at the end of March, has been postponed to the end of April, with an expected duration of one month. Chempricehub's analysis of methanol indicates a bearish score of -1. The postponement of Shandong Mingshui's 600,000-ton methanol plant maintenance from the end of March to the end of April, with an expected one-month duration, implies a delay in the originally planned reduction of supply. This change increases or maintains short-term supply pressure, exerting a bearish impact on methanol spot prices and potentially leading to downward price pressure. Combined with methanol futures data, such as the main contract 2605 (closing price of 2,487 yuan/ton on March 5, 2026, down 51 yuan, with high open interest but reduced trading volume), this news may intensify bearish sentiment in the futures market, driving prices further downward.