February 27th News: On February 27th, methanol market prices in Shandong region declined. In Zibo, Shandong, methanol market negotiated prices were 2140-2150 yuan/ton delivered spot; in central Shandong, local factory offers were 2260 yuan/ton ex-works self-pickup. In Dongying, Shandong, methanol market transaction prices fell to 2110-2120 yuan/ton delivered spot, down 20 yuan/ton. In Zibo, Shandong, methanol market negotiated prices dropped to 2120 yuan/ton delivered spot, down 25 yuan/ton; in central Shandong, methanol prices remained stable at 2260 yuan/ton. Chempricehub analysis of methanol, long-short score: -1. Methanol spot prices in Shandong generally fell, with Zibo and Dongying down 25 yuan/ton and 20 yuan/ton respectively, while central Shandong offers remained stable, indicating ample market supply or weak demand, leading to increased downward pressure on spot prices. Combined with the latest methanol MA futures data (February 26, 2026), main contracts such as 2611 (settlement price 2284 yuan/ton, down 38 yuan) and 2605 (settlement price 2232 yuan/ton, down 33 yuan) all showed declines, with changes in open interest indicating stronger market bearish sentiment. Overall, bearish factors dominate, exerting a generally negative impact on both methanol spot and futures prices.