February 14th News: The total planned capacity of global renewable and low-carbon methanol projects has reached 58.2 Mt (by 2031), with an increase of 0.7 Mt in January. Shipping demand serves as the primary driving force. Chempricehub's analysis of methanol, with a bullish-bearish score of +1, indicates that the total planned capacity of global renewable and low-carbon methanol has reached 58.2 Mt (by 2031), with an increase of 0.7 Mt in January. This demonstrates robust growth on the demand side, particularly driven by the shipping industry's rising demand for low-carbon methanol, which will support spot prices and potentially drive up transaction prices in the spot market. Combined with methanol futures data, such as the settlement price of the 2605 contract at 2,218 yuan/ton and a recent downward price trend (change: -25), this news reflects long-term demand growth expectations. This may alleviate downward pressure on futures prices and boost the main contract (e.g., high trading volume of the 2605 contract), providing favorable support for futures prices. The score is +1 (generally positive), as demand-driven factors dominate, while the short-term impact of capacity increases is limited.