On April 23, Shanxi Jinyuan Biomass Technology Co., Ltd. announced the termination of the first phase of its Ningxia Lingwu 300,000-ton green methanol integrated project, specifically the 200,000-ton green methanol phase. Chempricey assesses methanol with a multi-score of +1. The termination of the 200,000-ton phase of the Shanxi Jinyuan Biomass Technology Co., Ltd. Ningxia Lingwu project will reduce future methanol supply, expected to exert upward pressure on spot prices, as supply contraction may push up market quotations. Combined with recent methanol futures data, such as the closing price of the MA2701 contract at 2,735 yuan per ton, with a change of +26.00, indicating bullish market sentiment, this event may further support the upward trend of futures prices. The rating rationale is a general positive (+1), as the project scale is moderate (200,000 tons), and while not major, it will strengthen the expectation of tight supply-demand dynamics.