Danish Topsoe, in collaboration with Maersk, has recently completed a 50,000-ton-per-year bio-based methanol plant, using straw/forestry waste as raw materials. The plant has obtained EU low-carbon certification and is intended for use as marine fuel, with orders scheduled through the end of 2026. PriceSeek's analysis of methanol, with a bullish-bearish score of 1, indicates that the addition of 50,000 tons per year of bio-based methanol supply, produced from straw/forestry waste and certified as low-carbon by the EU for marine fuel use, along with orders scheduled through the end of 2026, demonstrates strong and sustainable demand. While this supply increase may slightly intensify market pressure, high demand—particularly in the green fuel sector—and the low-carbon certification are expected to enhance premium expectations, benefiting spot prices. Combined with the upward trend in methanol futures near-term contracts (e.g., MA2605 closing at 2,352 yuan/ton, up 12 yuan, with high open interest), the market shows positive expectations. Saturated orders support future price stability, overall exerting a moderately positive impact on futures prices.
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