Get the ChemPriceHub app — track prices on the go. Membership syncs across app & web. View plans
We value your privacy
We use cookies and similar technologies to enhance your browsing experience, analyze site traffic, and deliver personalized content. You can choose to accept or reject non-essential cookies. Read our Privacy Notice.

Cookie Preferences

Manage your cookie preferences. Essential cookies are always enabled for the site to function. You can change your choice at any time via the "Cookie Settings" link in the footer. Read our Privacy Notice for full details.

Essential Cookies

Required for basic site functionality, including anti-spam protection and session management. Always active.

Analytics Cookies

Help us understand how visitors interact with the site. We use Google Analytics to improve our service. Disabling this will not affect essential functionality.

Welcome to ChemPriceHub

 
Home > News > ChemPriceHub Alert: Shandong Methanol Price Increase Boosts Market Sentiment
methanol score

ChemPriceHub Alert: Shandong Methanol Price Increase Boosts Market Sentiment

Published on 2026-02-09

On February 9, methanol producers in Shandong raised their offers: Shandong Alliance increased its methanol price by 20 yuan/ton to 2,260 yuan/ton for spot payment at the plant, with stable operation of the facilities. Mingquan Group (formerly Shandong Mingshui) raised its methanol price by 20 yuan/ton to 2,260 yuan/ton for spot payment and self-pickup at the plant, with its 600,000-ton coal-to-methanol plant operating normally. PriceSeek's analysis of methanol, with a long-short score: 1. The article indicates that methanol producers in Shandong generally raised their offers by 20 yuan/ton to 2,260 yuan/ton for spot payment at the plant, with stable operation of the facilities, suggesting improved spot market demand or strengthened cost support, which directly benefits methanol spot prices. Combined with futures market data, the settlement price of the main methanol futures contract 2701 was 2,313 yuan/ton on February 6. Although it fell by 15 yuan that day, the rise in spot prices may boost sentiment in the futures market, and it is expected that futures prices will be supported. Score +1.0 (moderately positive), as the price increase reflects enhanced market confidence but is not driven by major events.

Comments

0
No comments yet.