December 29th News: On December 29th, methanol producer quotations in Shandong region were lowered: Mingquan Group (formerly Shandong Mingshui) reduced its methanol quotation by 30 yuan/ton, executing at 2,200 yuan/ton for spot payment ex-factory self-pickup; Shandong Alliance lowered its methanol quotation by 30 yuan/ton, executing at 2,200 yuan/ton for spot payment ex-factory pickup. Chempricehub analysis of methanol, with a long-short score: -1. The reduction of methanol producer quotations in Shandong region by 30 yuan/ton, executing at 2,200 yuan/ton for spot payment ex-factory self-pickup, indicates ample supply or weak demand in the spot market, exerting direct downward pressure on prices. Combined with the methanol futures market, such as the main contract 2609 closing price of 2,147 yuan/ton, settlement price of 2,138 yuan/ton, and a change of -8.00, it shows that futures prices are also trending downward, with bearish market expectations. A score of -1 indicates a generally bearish impact, likely due to seasonal demand weakening or inventory increases putting pressure on prices.