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Chempricehub Alert: Increased Pressure on Methanol Port Inventories
Published on 2026-02-12
As of February 11, China's methanol port inventory totaled 1.4322 million tons, an increase of 21,200 tons compared to the previous period (with inventory accumulation in East China and destocking in South China). Chempricehub's analysis of methanol indicates a bearish score of -1. The article shows that as of February 11, China's methanol port inventory increased by 21,200 tons to 1.4322 million tons, with inventory accumulation in East China and destocking in South China. This suggests increased supply-side pressure, particularly in East China, a major consumption region, where inventory accumulation may exacerbate oversupply in the spot market, exerting downward pressure on spot prices. It is expected that spot prices may face short-term downward pressure. Combined with the latest methanol futures data (such as the closing price of the Zhengzhou Commodity Exchange MA2605 contract at 2,248 yuan/ton, up +7.00), although futures prices have shown a slight increase recently, the fundamental factor of rising inventory will strengthen market expectations of ample supply. This may exert bearish pressure on the main contract (such as MA2605) in the future, limiting the upside potential of futures prices. Overall, the increase in inventory is considered a general bearish factor, with a score of -1.